Winnow Wealth LLC Takes Position in Avery Dennison Corporation $AVY

Winnow Wealth LLC bought a new stake in Avery Dennison Corporation (NYSE:AVY) during the fourth quarter, Holdings Channel reports. The institutional investor bought 5,347 shares of the industrial products company’s stock, valued at approximately $973,000.

A number of other institutional investors have also modified their holdings of AVY. Empowered Funds LLC increased its holdings in shares of Avery Dennison by 6.4% in the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock valued at $2,409,000 after acquiring an additional 819 shares during the period. Focus Partners Wealth increased its holdings in shares of Avery Dennison by 7.6% in the 1st quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock valued at $697,000 after acquiring an additional 278 shares during the period. Intech Investment Management LLC acquired a new position in shares of Avery Dennison in the 1st quarter valued at $1,209,000. EverSource Wealth Advisors LLC increased its holdings in shares of Avery Dennison by 164.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 389 shares of the industrial products company’s stock valued at $68,000 after acquiring an additional 242 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of Avery Dennison in the 2nd quarter valued at $241,000. 94.17% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Avery Dennison

In related news, Director Mitchell R. Butier sold 13,000 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $171.50, for a total value of $2,229,500.00. Following the sale, the director directly owned 198,147 shares in the company, valued at $33,982,210.50. The trade was a 6.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.81% of the stock is owned by corporate insiders.

Avery Dennison Stock Performance

NYSE:AVY opened at $152.94 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 1.38. Avery Dennison Corporation has a fifty-two week low of $152.42 and a fifty-two week high of $199.54. The stock has a market cap of $11.70 billion, a PE ratio of 17.24, a price-to-earnings-growth ratio of 2.67 and a beta of 0.82. The firm’s fifty day simple moving average is $164.14 and its 200-day simple moving average is $175.78.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.41 by $0.06. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period in the previous year, the firm earned $2.30 EPS. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Analysts expect that Avery Dennison Corporation will post 10.05 earnings per share for the current fiscal year.

Avery Dennison Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be given a $1.00 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $4.00 annualized dividend and a dividend yield of 2.6%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s payout ratio is presently 45.10%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AVY. Truist Financial reissued a “buy” rating and issued a $221.00 price objective (down from $223.00) on shares of Avery Dennison in a research note on Wednesday, April 29th. JPMorgan Chase & Co. lowered their price target on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. UBS Group lowered their price target on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Argus set a $175.00 price target on shares of Avery Dennison in a research note on Thursday. Finally, Citigroup lowered their price target on shares of Avery Dennison from $190.00 to $185.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $201.33.

About Avery Dennison

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.