Trillium Asset Management LLC Makes New Investment in Avery Dennison Corporation $AVY

Trillium Asset Management LLC purchased a new position in shares of Avery Dennison Corporation (NYSE:AVY) in the 2nd quarter, Holdings Channel reports. The firm purchased 47,500 shares of the industrial products company’s stock, valued at approximately $7,712,000.

A number of other institutional investors have also made changes to their positions in the business. West Family Investments Inc. bought a new position in Avery Dennison in the second quarter valued at $255,000. NewEdge Wealth LLC acquired a new position in shares of Avery Dennison during the 2nd quarter worth about $232,000. Great Lakes Advisors LLC bought a new position in shares of Avery Dennison in the 2nd quarter valued at about $15,102,000. Danske Bank A S bought a new position in shares of Avery Dennison in the 2nd quarter valued at about $3,943,000. Finally, Diversify Advisory Services LLC acquired a new stake in shares of Avery Dennison in the second quarter valued at about $1,337,000. Institutional investors own 94.17% of the company’s stock.

Avery Dennison Stock Performance

AVY opened at $182.67 on Friday. The business has a fifty day simple moving average of $166.31 and a 200 day simple moving average of $170.22. The company has a market capitalization of $13.84 billion, a PE ratio of 20.01, a price-to-earnings-growth ratio of 3.00 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 debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.42. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The firm had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.30 billion. During the same quarter last year, the business earned $2.42 EPS. The company’s quarterly revenue 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. Research analysts expect that Avery Dennison Corporation will post 10.15 EPS for the current year.

Avery Dennison Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be given a dividend of $1.00 per share. 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 dividend payout ratio (DPR) is currently 43.81%.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of Avery Dennison stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total value of $298,944.62. Following the completion of the sale, the senior vice president owned 7,585 shares in the company, valued at $1,301,661.85. The trade was a 18.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.81% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently issued reports on AVY. Argus set a $175.00 target price on Avery Dennison in a report on Thursday, June 4th. Weiss Ratings raised Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Wall Street Zen upgraded Avery Dennison from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. JPMorgan Chase & Co. increased their price objective on Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Finally, Truist Financial decreased their target price on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $201.22.

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.