Entropy Technologies LP Has $4.02 Million Position in Avery Dennison Corporation $AVY

Entropy Technologies LP boosted its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 791.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,787 shares of the industrial products company’s stock after acquiring an additional 22,007 shares during the quarter. Entropy Technologies LP’s holdings in Avery Dennison were worth $4,020,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Invesco Ltd. raised its holdings in shares of Avery Dennison by 4.9% during the 3rd quarter. Invesco Ltd. now owns 1,659,862 shares of the industrial products company’s stock valued at $269,180,000 after purchasing an additional 77,272 shares in the last quarter. Sei Investments Co. increased its position in Avery Dennison by 4.0% during the third quarter. Sei Investments Co. now owns 41,462 shares of the industrial products company’s stock worth $6,724,000 after buying an additional 1,587 shares during the last quarter. BNP Paribas Financial Markets increased its position in Avery Dennison by 37.0% during the third quarter. BNP Paribas Financial Markets now owns 185,697 shares of the industrial products company’s stock worth $30,114,000 after buying an additional 50,148 shares during the last quarter. Magnetar Financial LLC bought a new position in Avery Dennison during the third quarter valued at about $1,882,000. Finally, Van ECK Associates Corp lifted its position in shares of Avery Dennison by 5.2% in the third quarter. Van ECK Associates Corp now owns 14,134 shares of the industrial products company’s stock worth $2,292,000 after buying an additional 694 shares during the last quarter. 94.17% of the stock is owned by institutional investors.

Avery Dennison Stock Performance

AVY opened at $170.92 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 1.43. The stock’s 50 day moving average price is $188.08 and its two-hundred day moving average price is $177.12. The firm has a market capitalization of $13.14 billion, a P/E ratio of 19.47, a price-to-earnings-growth ratio of 3.12 and a beta of 0.97. Avery Dennison Corporation has a 12-month low of $156.23 and a 12-month high of $199.54.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (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 the consensus estimate of $2.29 billion. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. Avery Dennison’s quarterly revenue was up 3.9% on a year-over-year basis. 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. On average, equities analysts forecast that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Announces Dividend

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

Insider Activity at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,156 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the sale, the senior vice president owned 7,588 shares in the company, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.84% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on AVY. BMO Capital Markets increased their price objective on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, February 6th. JPMorgan Chase & Co. boosted their target price on Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. Citigroup lifted their price target 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 boosted their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.