Kennedy Capital Management LLC Buys 6,880 Shares of Avery Dennison Corporation $AVY

Kennedy Capital Management LLC boosted its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 7.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,998 shares of the industrial products company’s stock after acquiring an additional 6,880 shares during the period. Kennedy Capital Management LLC’s holdings in Avery Dennison were worth $18,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bartlett & CO. Wealth Management LLC grew its holdings in Avery Dennison by 16,900.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 169 shares in the last quarter. Root Financial Partners LLC grew its holdings in Avery Dennison by 60.8% during the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 73 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in Avery Dennison during the 4th quarter worth about $37,000. CYBER HORNET ETFs LLC bought a new position in Avery Dennison during the 2nd quarter worth about $37,000. Finally, Sound Income Strategies LLC grew its holdings in Avery Dennison by 51.1% during the 4th quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 72 shares in the last quarter. 94.17% of the stock is currently owned by institutional investors.

Avery Dennison Stock Performance

Shares of Avery Dennison stock opened at $159.23 on Friday. The firm has a market capitalization of $12.18 billion, a P/E ratio of 17.95, a PEG ratio of 2.74 and a beta of 0.82. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 1.38. The company has a 50 day moving average price of $163.18 and a 200 day moving average price of $175.46. Avery Dennison Corporation has a 52 week low of $152.42 and a 52 week high of $199.54.

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

Avery Dennison Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $1.00 per share. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. Avery Dennison’s payout ratio is presently 45.10%.

Wall Street Analysts Forecast Growth

AVY has been the topic of several recent research reports. Raymond James Financial set a $192.00 target price on shares of Avery Dennison in a report on Tuesday, April 21st. 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 report on Friday, April 10th. Argus set a $175.00 price target on shares of Avery Dennison in a report on Thursday, June 4th. Weiss Ratings cut shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Avery Dennison in a report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price target on the stock. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Avery Dennison presently has an average rating of “Moderate Buy” and an average target price of $201.33.

Avery Dennison 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.