Kingsview Wealth Management LLC Acquires New Holdings in Avery Dennison Corporation $AVY

Kingsview Wealth Management LLC bought a new stake in shares of Avery Dennison Corporation (NYSE:AVY) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 19,874 shares of the industrial products company’s stock, valued at approximately $3,227,000.

Several other large investors also recently made changes to their positions in the company. Trust Co. of Vermont bought a new stake in shares of Avery Dennison during the second quarter valued at approximately $27,000. Root Financial Partners LLC grew its holdings in Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after buying an additional 73 shares in the last quarter. Elevation Wealth Partners LLC increased its position in Avery Dennison by 684.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 171 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in Avery Dennison in the 4th quarter valued at approximately $37,000. Finally, CYBER HORNET ETFs LLC bought a new stake in Avery Dennison during the 2nd quarter valued at $37,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of the company’s 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 directly owned 7,585 shares of the company’s stock, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.81% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Citigroup increased their price target on Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. lifted their price objective on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Bank of America reaffirmed a “buy” rating on shares of Avery Dennison in a report on Friday, August 14th. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Truist Financial lowered their target price on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $201.22.

Avery Dennison Stock Performance

Shares of NYSE AVY opened at $177.71 on Friday. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54. The firm has a market cap of $13.47 billion, a P/E ratio of 19.46, a PEG ratio of 2.27 and a beta of 0.81. The stock has a fifty day moving average price of $168.88 and a two-hundred day moving average price of $169.98. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.79 and a current ratio of 1.13.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. The company had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.30 billion. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The company’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.42 EPS. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. Research analysts forecast that Avery Dennison Corporation will post 10.15 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be given a $1.00 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a yield of 2.3%. Avery Dennison’s payout ratio is 43.81%.

Avery Dennison 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.