Avery Dennison Corporation (NYSE:AVY) Plans $0.94 Quarterly Dividend

Avery Dennison Corporation (NYSE:AVY) announced a quarterly dividend on Wednesday, February 4th. Stockholders of record on Wednesday, March 4th will be given a dividend of 0.94 per share by the industrial products company on Wednesday, March 18th. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Wednesday, March 4th.

Avery Dennison has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 15 consecutive years. Avery Dennison has a payout ratio of 35.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Avery Dennison to earn $10.88 per share next year, which means the company should continue to be able to cover its $3.76 annual dividend with an expected future payout ratio of 34.6%.

Avery Dennison Stock Up 3.3%

NYSE AVY traded up $6.14 on Wednesday, hitting $192.96. 1,654,162 shares of the company were exchanged, compared to its average volume of 661,435. The company has a current ratio of 1.26, a quick ratio of 0.89 and a debt-to-equity ratio of 1.45. The company has a market cap of $14.91 billion, a PE ratio of 21.95, a PEG ratio of 3.14 and a beta of 1.00. The stock has a fifty day moving average of $182.20 and a 200-day moving average of $174.10. Avery Dennison has a 12 month low of $156.23 and a 12 month high of $194.28.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.05. The firm had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.29 billion. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The business’s revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, analysts forecast that Avery Dennison will post 9.96 earnings per share for the current year.

Hedge Funds Weigh In On Avery Dennison

A number of hedge funds have recently bought and sold shares of the company. Independent Advisor Alliance bought a new stake in shares of Avery Dennison in the 4th quarter worth $205,000. Rinkey Investments purchased a new position in Avery Dennison during the fourth quarter worth about $317,000. Swiss Life Asset Management Ltd boosted its holdings in Avery Dennison by 97.4% during the fourth quarter. Swiss Life Asset Management Ltd now owns 48,761 shares of the industrial products company’s stock worth $8,869,000 after purchasing an additional 24,061 shares during the last quarter. Plato Investment Management Ltd grew its position in Avery Dennison by 96.5% in the 4th quarter. Plato Investment Management Ltd now owns 3,244 shares of the industrial products company’s stock worth $593,000 after purchasing an additional 1,593 shares in the last quarter. Finally, Midwest Trust Co lifted its position in shares of Avery Dennison by 1.8% during the 4th quarter. Midwest Trust Co now owns 56,156 shares of the industrial products company’s stock worth $10,214,000 after buying an additional 1,005 shares in the last quarter. 94.17% of the stock is owned by hedge funds and other institutional investors.

About Avery Dennison

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.