Mitchell Butier Sells 20,000 Shares of Avery Dennison (NYSE:AVY) Stock

Avery Dennison Corporation (NYSE:AVY) Director Mitchell Butier sold 20,000 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total value of $3,477,600.00. Following the completion of the transaction, the director directly owned 211,147 shares of the company’s stock, valued at $36,714,240.36. This represents a 8.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Avery Dennison Stock Down 0.2%

Shares of AVY stock traded down $0.29 during mid-day trading on Friday, reaching $170.72. 752,608 shares of the company were exchanged, compared to its average volume of 569,236. The company has a market capitalization of $13.13 billion, a P/E ratio of 19.44, a P/E/G ratio of 3.05 and a beta of 0.97. The business’s 50 day simple moving average is $187.85 and its 200 day simple moving average is $177.09. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $199.54.

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

Avery Dennison Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AVY. Reflection Asset Management acquired a new stake in shares of Avery Dennison in the fourth quarter valued at $1,045,000. Sit Investment Associates Inc. raised its position in Avery Dennison by 6,746.8% in the fourth quarter. Sit Investment Associates Inc. now owns 42,450 shares of the industrial products company’s stock worth $7,721,000 after acquiring an additional 41,830 shares in the last quarter. DGS Capital Management LLC acquired a new stake in Avery Dennison in the 4th quarter valued at about $267,000. Astoria Portfolio Advisors LLC. bought a new position in shares of Avery Dennison during the 4th quarter valued at about $212,000. Finally, Pacer Advisors Inc. grew its stake in shares of Avery Dennison by 9.0% in the 4th quarter. Pacer Advisors Inc. now owns 6,786 shares of the industrial products company’s stock worth $1,234,000 after purchasing an additional 562 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AVY has been the subject of a number of research reports. BMO Capital Markets lifted their target price on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a research note on Friday, February 6th. 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 note on Thursday, February 5th. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Citigroup lifted their price objective on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Finally, Truist Financial lifted their price target on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $208.45.

Key Headlines Impacting Avery Dennison

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Sell-side support remains: multiple analysts maintain buy/overweight ratings and above-current price targets (median ~$214.5), which provides upside thesis and can limit downside pressure. Quiver Quant — CEO Pay & Analyst Notes
• Neutral Sentiment: Media coverage and analyst commentary framed Avery Dennison as a consumer-cyclical name alongside peers, offering context but no single catalyst. The Globe and Mail — Analyst Insights
• Neutral Sentiment: Proxy/compensation filing shows CEO Deon Stander’s estimated 2025 pay (~$9.54M), modestly down year-over-year — unlikely to materially move the stock by itself. Quiver Quant — CEO Pay & Insider Activity
• Negative Sentiment: Director Mitchell R. Butier sold sizable blocks (20,000 shares on Mar 11 at ~$173.88 and 13,000 shares on Mar 12 at ~$171.50). Continued insider selling can signal liquidity-taking and weighs on sentiment. SEC Form 4 — Insider Sales
• Negative Sentiment: Zacks trimmed near-term and medium-term EPS estimates modestly (small cuts to Q4 2026/Q1 2027/Q4 2027 and FY2026–27 forecasts). Even small downgrades can pressure shares in the absence of stronger operational beats.
• Negative Sentiment: Institutional rebalancing noted in data (large quarterly reductions by several big managers per Quiver), which can increase selling pressure and volatility short-term. Quiver Quant — Institutional Moves

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.