Avery Dennison Corporation $AVY Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its stake in Avery Dennison Corporation (NYSE:AVY) by 30.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,904 shares of the industrial products company’s stock after buying an additional 4,675 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Avery Dennison were worth $3,623,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Empowered Funds LLC boosted its stake in Avery Dennison by 6.4% during the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock valued at $2,409,000 after purchasing an additional 819 shares during the period. Focus Partners Wealth increased its stake in shares of Avery Dennison by 7.6% in the first quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock valued at $697,000 after purchasing an additional 278 shares during the period. Intech Investment Management LLC bought a new stake in shares of Avery Dennison during the first quarter valued at approximately $1,209,000. Quadrant Capital Group LLC boosted its position in shares of Avery Dennison by 62.8% during the second quarter. Quadrant Capital Group LLC now owns 2,595 shares of the industrial products company’s stock worth $455,000 after buying an additional 1,001 shares during the period. Finally, State Board of Administration of Florida Retirement System grew its holdings in Avery Dennison by 0.6% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 72,907 shares of the industrial products company’s stock worth $12,793,000 after buying an additional 410 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Avery Dennison Price Performance

Shares of Avery Dennison stock opened at $172.85 on Wednesday. Avery Dennison Corporation has a 52 week low of $156.23 and a 52 week high of $199.54. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. The stock has a market cap of $13.30 billion, a PE ratio of 19.69, a price-to-earnings-growth ratio of 3.00 and a beta of 0.97. The company’s 50-day moving average price is $183.47 and its two-hundred day moving average price is $177.09.

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. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The company had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the previous year, the company posted $2.38 EPS. The business’s revenue was up 3.9% compared to the same quarter last year. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, sell-side analysts anticipate that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given 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 was Wednesday, March 4th. Avery Dennison’s dividend payout ratio is 42.82%.

Insider Buying and Selling at Avery Dennison

In other news, Director Mitchell R. Butier sold 13,000 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the completion of the sale, the director directly owned 198,147 shares of the company’s stock, valued at $33,982,210.50. This represents a 6.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the transaction, the senior vice president directly owned 7,588 shares in the company, valued at $1,464,104.60. This represents a 13.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 34,156 shares of company stock valued at $5,930,150. Corporate insiders own 0.81% of the company’s stock.

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.