Avery Dennison Corporation (NYSE:AVY) Director Peter K. Barker sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $114.76, for a total transaction of $229,520.00. Following the sale, the director now owns 26,703 shares of the company’s stock, valued at approximately $3,064,436.28. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Avery Dennison Corporation (NYSE AVY) traded up $1.63 during trading on Friday, reaching $115.91. 1,041,071 shares of the company traded hands, compared to its average volume of 662,063. Avery Dennison Corporation has a 12-month low of $69.53 and a 12-month high of $116.13. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.13 and a quick ratio of 0.82. The firm has a market cap of $10,068.72, a P/E ratio of 24.49, a PEG ratio of 3.31 and a beta of 1.24.

Avery Dennison (NYSE:AVY) last posted its earnings results on Wednesday, October 25th. The industrial products company reported $1.26 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.21 by $0.05. Avery Dennison had a net margin of 6.27% and a return on equity of 40.52%. The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter last year, the firm earned $1.01 EPS. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. research analysts predict that Avery Dennison Corporation will post 4.93 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $1.80 annualized dividend and a dividend yield of 1.55%. Avery Dennison’s dividend payout ratio (DPR) is 40.18%.

Several analysts recently weighed in on the stock. Robert W. Baird reiterated a “buy” rating and issued a $115.00 target price on shares of Avery Dennison in a report on Friday, October 27th. Zacks Investment Research downgraded shares of Avery Dennison from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Barclays lifted their target price on shares of Avery Dennison from $105.00 to $120.00 and gave the company an “overweight” rating in a report on Monday, October 30th. J P Morgan Chase & Co downgraded shares of Avery Dennison from an “overweight” rating to a “neutral” rating in a report on Thursday, October 26th. Finally, Loop Capital assumed coverage on shares of Avery Dennison in a report on Thursday, September 28th. They issued a “hold” rating and a $99.00 target price for the company. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $110.83.

Several large investors have recently bought and sold shares of the business. National Asset Management Inc. grew its stake in shares of Avery Dennison by 0.3% in the second quarter. National Asset Management Inc. now owns 4,151 shares of the industrial products company’s stock worth $369,000 after acquiring an additional 12 shares in the last quarter. Veritable L.P. grew its stake in shares of Avery Dennison by 0.6% in the second quarter. Veritable L.P. now owns 2,777 shares of the industrial products company’s stock worth $245,000 after acquiring an additional 16 shares in the last quarter. Thrivent Financial For Lutherans grew its stake in shares of Avery Dennison by 0.9% in the second quarter. Thrivent Financial For Lutherans now owns 4,640 shares of the industrial products company’s stock worth $413,000 after acquiring an additional 40 shares in the last quarter. Spectrum Management Group Inc. grew its stake in shares of Avery Dennison by 0.8% in the second quarter. Spectrum Management Group Inc. now owns 5,030 shares of the industrial products company’s stock worth $445,000 after acquiring an additional 40 shares in the last quarter. Finally, ProVise Management Group LLC grew its stake in shares of Avery Dennison by 0.9% in the second quarter. ProVise Management Group LLC now owns 5,761 shares of the industrial products company’s stock worth $509,000 after acquiring an additional 52 shares in the last quarter. Institutional investors and hedge funds own 85.42% of the company’s stock.

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Avery Dennison Company Profile

Avery Dennison Corporation (Avery Dennison) is engaged in the production of pressure-sensitive materials and a range of tickets, tags, labels and other converted products. The Company’s segments include Label and Graphic Materials (LGM); Retail Branding and Information Solutions (RBIS), and Industrial and Healthcare Materials (IHM).

Insider Buying and Selling by Quarter for Avery Dennison (NYSE:AVY)

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