Avery Dennison Corporation $AVY Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Avery Dennison Corporation (NYSE:AVY) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 956,886 shares of the industrial products company’s stock after buying an additional 17,769 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.26% of Avery Dennison worth $155,350,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Empowered Funds LLC raised its stake in shares of Avery Dennison by 6.4% in the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock valued at $2,409,000 after acquiring an additional 819 shares during the period. Focus Partners Wealth boosted its position in shares of Avery Dennison by 7.6% during the 1st quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock worth $697,000 after purchasing an additional 278 shares during the period. Intech Investment Management LLC acquired a new stake in Avery Dennison in the 1st quarter valued at approximately $1,209,000. EverSource Wealth Advisors LLC increased its holdings in Avery Dennison by 164.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 389 shares of the industrial products company’s stock valued at $68,000 after purchasing an additional 242 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in Avery Dennison in the second quarter valued at approximately $241,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,742 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the sale, the senior vice president directly owned 7,585 shares in the company, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.81% of the company’s stock.

Avery Dennison Stock Down 0.3%

Avery Dennison stock opened at $173.64 on Wednesday. The firm has a market capitalization of $13.16 billion, a P/E ratio of 19.02, a P/E/G ratio of 2.11 and a beta of 0.81. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 1.37. Avery Dennison Corporation has a twelve month low of $152.42 and a twelve month high of $199.54. The stock’s fifty day simple moving average is $169.52 and its 200-day simple moving average is $169.59.

Avery Dennison (NYSE:AVY) last released its earnings results on Thursday, July 30th. The industrial products company reported $2.89 EPS 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 during the quarter, compared to analysts’ expectations of $2.30 billion. During the same period in the previous year, the firm posted $2.42 EPS. Avery Dennison’s revenue for the quarter was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. As a group, equities analysts expect that Avery Dennison Corporation will post 10.15 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. Avery Dennison’s payout ratio is currently 43.81%.

Analysts Set New Price Targets

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