Avery Dennison Corporation $AVY Shares Sold by Kennedy Capital Management LLC

Kennedy Capital Management LLC lessened its stake in shares of Avery Dennison Corporation (NYSE:AVY) by 5.3% during the 3rd quarter, Holdings Channel reports. The firm owned 94,118 shares of the industrial products company’s stock after selling 5,218 shares during the quarter. Kennedy Capital Management LLC’s holdings in Avery Dennison were worth $15,263,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in AVY. Steigerwald Gordon & Koch Inc. acquired a new position in Avery Dennison in the third quarter valued at approximately $29,000. Vermillion & White Wealth Management Group LLC boosted its holdings in Avery Dennison by 89.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $30,000 after buying an additional 80 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Avery Dennison during the second quarter valued at $37,000. MUFG Securities EMEA plc purchased a new position in Avery Dennison in the second quarter valued at $41,000. Finally, Quent Capital LLC acquired a new position in shares of Avery Dennison in the third quarter worth about $44,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Avery Dennison Price Performance

AVY traded up $0.08 on Friday, reaching $171.09. 83,184 shares of the company’s stock were exchanged, compared to its average volume of 639,589. The stock has a market cap of $13.15 billion, a PE ratio of 19.48, a P/E/G ratio of 3.12 and a beta of 0.97. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. Avery Dennison Corporation has a twelve month low of $156.23 and a twelve month high of $199.54. The stock’s fifty day moving average price is $188.08 and its 200-day moving average price is $177.12.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. The company had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Sell-side analysts expect that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, March 4th. Avery Dennison’s dividend payout ratio (DPR) is 42.82%.

Insider Buying and Selling at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the completion of the sale, the senior vice president directly owned 7,588 shares in the company, valued at $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.84% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. UBS Group raised their target price on Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. JPMorgan Chase & Co. raised their price objective on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Truist Financial boosted their price objective on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Finally, BMO Capital Markets upped their target price on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $208.45.

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.