Quantbot Technologies LP Purchases New Position in Avery Dennison Corporation $AVY

Quantbot Technologies LP acquired a new position in shares of Avery Dennison Corporation (NYSE:AVY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,375 shares of the industrial products company’s stock, valued at approximately $548,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AVY. Trust Co. of Vermont purchased a new position in shares of Avery Dennison in the 2nd quarter worth approximately $27,000. Elevation Wealth Partners LLC lifted its position in Avery Dennison by 684.0% in the second quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock worth $32,000 after buying an additional 171 shares during the last quarter. Root Financial Partners LLC boosted its stake in Avery Dennison by 60.8% during the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after buying an additional 73 shares during the period. Measured Wealth Private Client Group LLC bought a new position in Avery Dennison during the third quarter valued at $36,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in shares of Avery Dennison in the fourth quarter valued at $37,000. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Truist Financial reduced their price objective on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. UBS Group raised their price objective on shares of Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. increased their price target on Avery Dennison from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Weiss Ratings raised Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Avery Dennison has a consensus rating of “Moderate Buy” and a consensus price target of $201.22.

Avery Dennison Trading Down 2.1%

AVY stock opened at $178.42 on Friday. Avery Dennison Corporation has a 12 month low of $152.42 and a 12 month high of $199.54. The firm’s 50-day moving average is $168.50 and its 200 day moving average is $169.92. The company has a market capitalization of $13.52 billion, a PE ratio of 19.54, a P/E/G ratio of 2.33 and a beta of 0.81. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.42. The company had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.30 billion. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.42 EPS. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, research analysts anticipate that Avery Dennison Corporation will post 10.15 EPS for the current year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a $1.00 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a yield of 2.2%. Avery Dennison’s dividend payout ratio is 43.81%.

Insider Buying and Selling

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of Avery Dennison stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total transaction of $298,944.62. Following the completion of the sale, the senior vice president directly owned 7,585 shares of the company’s stock, valued at $1,301,661.85. The trade was a 18.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.81% of the stock is owned by insiders.

Avery Dennison Company Profile

Avery Dennison (NYSE:AVY) is a global materials science and manufacturing company specializing in labeling and packaging solutions. The company develops pressure-sensitive materials, tags and labels, and adhesive technologies that help brands and businesses enhance product identification, branding and supply-chain performance. Avery Dennison’s offerings range from industrial and retail labeling to high-performance tapes, films and graphics materials used across multiple end markets.

The company operates through several key segments, including Label and Graphic Materials, which supplies pressure-sensitive materials for consumer goods; Retail Branding and Information Solutions, offering apparel tags, RFID inlays and digital product identification; Pressure-Sensitive Materials, providing specialty tapes and adhesives; and RF Technologies, focused on advanced RFID and IoT labeling solutions.