Insider Selling: Avery Dennison (NYSE:AVY) SVP Sells $663,262.48 in Stock

Avery Dennison Corporation (NYSE:AVY) SVP Nicholas Colisto sold 3,886 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total value of $663,262.48. Following the sale, the senior vice president owned 7,126 shares of the company’s stock, valued at $1,216,265.68. The trade was a 35.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Avery Dennison Price Performance

Shares of AVY opened at $167.83 on Friday. Avery Dennison Corporation has a fifty-two week low of $152.42 and a fifty-two week high of $199.54. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79. The company has a market capitalization of $12.72 billion, a price-to-earnings ratio of 18.38, a P/E/G ratio of 2.07 and a beta of 0.81. The business’s 50-day moving average is $171.67 and its 200-day moving average is $167.62.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The business had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same period in the prior year, the business posted $2.42 earnings per share. Avery Dennison’s revenue for the quarter was up 10.9% compared to the same quarter last year. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. Equities research analysts expect that Avery Dennison Corporation will post 10.15 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, September 2nd. Avery Dennison’s dividend payout ratio (DPR) is presently 43.81%.

Institutional Investors Weigh In On Avery Dennison

Institutional investors have recently added to or reduced their stakes in the stock. Talon Private Wealth LLC acquired a new position in Avery Dennison during the second quarter worth $209,000. Tidal Investments LLC grew its holdings in Avery Dennison by 23.8% during the second quarter. Tidal Investments LLC now owns 14,802 shares of the industrial products company’s stock worth $2,403,000 after purchasing an additional 2,850 shares during the period. Squarepoint Ops LLC boosted its stake in shares of Avery Dennison by 1,402.2% during the 2nd quarter. Squarepoint Ops LLC now owns 30,870 shares of the industrial products company’s stock worth $5,012,000 after acquiring an additional 28,815 shares during the period. Arizona State Retirement System boosted its position in Avery Dennison by 5.0% during the second quarter. Arizona State Retirement System now owns 22,053 shares of the industrial products company’s stock worth $3,580,000 after purchasing an additional 1,049 shares during the period. Finally, Empirical Finance LLC grew its stake in Avery Dennison by 3.2% in the 2nd quarter. Empirical Finance LLC now owns 2,935 shares of the industrial products company’s stock valued at $476,000 after buying an additional 90 shares during the last quarter. 94.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AVY shares. UBS Group increased their price objective on Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Citigroup raised their target price on Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Wall Street Zen raised Avery Dennison from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. raised their target price on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Finally, Argus set a $175.00 price objective on Avery Dennison in a research note on Thursday, June 4th. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $201.22.

About Avery Dennison

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops labeling, packaging, graphics, and functional material solutions. Its products are used by businesses in industries including retail, apparel, food and beverage, logistics, healthcare, automotive, and industrial manufacturing.

The company’s offerings include pressure-sensitive label and packaging materials, graphic films, reflective materials, specialty tapes, performance polymers, and other adhesive products.