Avery Dennison (NYSE:AVY) SVP Sells $223,050.20 in Stock

Avery Dennison Corporation (NYSE:AVY) SVP Ignacio Walker sold 1,156 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the sale, the senior vice president owned 7,588 shares in the company, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Avery Dennison Trading Down 0.9%

Shares of AVY traded down $1.82 during trading hours on Monday, reaching $189.69. 636,302 shares of the company traded hands, compared to its average volume of 701,704. The stock’s fifty day moving average price is $183.42 and its 200 day moving average price is $174.37. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. The firm has a market cap of $14.66 billion, a price-to-earnings ratio of 21.60, a PEG ratio of 3.36 and a beta of 1.00. Avery Dennison Corporation has a 12-month low of $156.23 and a 12-month high of $196.00.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.05. The company had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Sell-side analysts forecast that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be issued a $0.94 dividend. This represents a $3.76 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, March 4th. Avery Dennison’s dividend payout ratio is currently 42.82%.

Analyst Ratings Changes

Several research firms recently weighed in on AVY. UBS Group lifted their price objective on Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Truist Financial lifted their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. JPMorgan Chase & Co. upped their target price on Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Citigroup increased their target price on Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Avery Dennison has a consensus rating of “Moderate Buy” and a consensus price target of $208.45.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in shares of Avery Dennison by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 10,448,799 shares of the industrial products company’s stock worth $1,900,428,000 after acquiring an additional 69,662 shares during the last quarter. Wellington Management Group LLP grew its position in Avery Dennison by 12.5% during the 3rd quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock worth $942,039,000 after purchasing an additional 644,664 shares during the last quarter. State Street Corp increased its stake in Avery Dennison by 0.6% during the 3rd quarter. State Street Corp now owns 3,667,474 shares of the industrial products company’s stock valued at $594,754,000 after purchasing an additional 20,860 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Avery Dennison by 30.9% in the third quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock worth $298,613,000 after buying an additional 435,156 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Avery Dennison by 4.9% during the third quarter. Invesco Ltd. now owns 1,659,862 shares of the industrial products company’s stock worth $269,180,000 after buying an additional 77,272 shares during the period. 94.17% of the stock is owned by institutional investors and hedge funds.

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.