Revolve Wealth Partners LLC Makes New Investment in Avery Dennison Corporation $AVY

Revolve Wealth Partners LLC acquired a new stake in Avery Dennison Corporation (NYSE:AVY) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,638 shares of the industrial products company’s stock, valued at approximately $591,000.

Several other large investors also recently modified their holdings of the stock. Franklin Street Advisors Inc. NC boosted its holdings in shares of Avery Dennison by 12.2% during the 2nd quarter. Franklin Street Advisors Inc. NC now owns 2,757 shares of the industrial products company’s stock worth $448,000 after buying an additional 299 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in Avery Dennison in the 2nd quarter valued at about $40,000. Elevation Wealth Partners LLC lifted its position in Avery Dennison by 684.0% during the second quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 171 shares during the last quarter. Czech National Bank boosted its holdings in shares of Avery Dennison by 3.4% during the second quarter. Czech National Bank now owns 21,772 shares of the industrial products company’s stock worth $3,535,000 after acquiring an additional 721 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in shares of Avery Dennison by 1,503.5% in the second quarter. Assenagon Asset Management S.A. now owns 94,561 shares of the industrial products company’s stock valued at $15,352,000 after purchasing an additional 88,664 shares during the last quarter. 94.17% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on AVY shares. Truist Financial lowered their target price on Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Bank of America boosted their price target on Avery Dennison from $202.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. UBS Group increased their price objective on Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Citigroup lifted their target price on Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Finally, Weiss Ratings cut shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $201.22.

Avery Dennison Trading Up 0.7%

Shares of AVY stock opened at $179.63 on Wednesday. The stock has a market cap of $13.61 billion, a P/E ratio of 19.67, a price-to-earnings-growth ratio of 3.09 and a beta of 0.81. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 1.37. The stock has a 50 day simple moving average of $162.98 and a 200 day simple moving average of $170.54.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. The firm had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.30 billion. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The company’s revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the company earned $2.42 EPS. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, research analysts predict that Avery Dennison Corporation will post 10.13 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, September 2nd. Avery Dennison’s payout ratio is 43.81%.

Insider Buying and Selling

In related news, SVP Ignacio J. Walker sold 1,742 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the completion of the sale, the senior vice president owned 7,585 shares of the company’s stock, valued at $1,301,661.85. This represents a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.81% of the stock is currently owned by company insiders.

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.