Segall Bryant & Hamill LLC Cuts Holdings in Avery Dennison Corporation $AVY

Segall Bryant & Hamill LLC trimmed its position in Avery Dennison Corporation (NYSE:AVY) by 5.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,351 shares of the industrial products company’s stock after selling 2,854 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.06% of Avery Dennison worth $7,517,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AVY. Portside Wealth Group LLC increased its stake in Avery Dennison by 4.7% in the 3rd quarter. Portside Wealth Group LLC now owns 1,340 shares of the industrial products company’s stock worth $217,000 after acquiring an additional 60 shares during the last quarter. Resources Management Corp CT ADV grew its holdings in shares of Avery Dennison by 0.8% in the second quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock valued at $1,369,000 after purchasing an additional 62 shares in the last quarter. Arizona State Retirement System grew its stake in shares of Avery Dennison by 0.3% in the 3rd quarter. Arizona State Retirement System now owns 23,151 shares of the industrial products company’s stock worth $3,754,000 after buying an additional 71 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Avery Dennison by 1.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,547 shares of the industrial products company’s stock worth $798,000 after buying an additional 79 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC increased its holdings in shares of Avery Dennison by 89.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $30,000 after buying an additional 80 shares during the last quarter. 94.17% of the stock is owned by institutional investors.

Avery Dennison Price Performance

AVY opened at $187.29 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 1.43. The business has a fifty day moving average of $188.75 and a 200 day moving average of $177.08. Avery Dennison Corporation has a 52-week low of $156.23 and a 52-week high of $199.54. The stock has a market cap of $14.40 billion, a P/E ratio of 21.33, a PEG ratio of 3.40 and a beta of 0.97.

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

Avery Dennison Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.94 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.0%. Avery Dennison’s dividend payout ratio (DPR) is 42.82%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on AVY shares. UBS Group increased their price target on shares of Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a report on Thursday, February 5th. BMO Capital Markets lifted their target price on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. JPMorgan Chase & Co. increased their price target on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Finally, Citigroup boosted their price objective on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Avery Dennison has a consensus rating of “Moderate Buy” and an average target price of $208.45.

Insider Buying and Selling at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.95, for a total transaction of $223,050.20. Following the transaction, the senior vice president directly owned 7,588 shares in the company, valued at $1,464,104.60. This trade represents a 13.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.84% of the company’s stock.

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.