Valley National Advisers Inc. Acquires 141 Shares of Avery Dennison Corporation $AVY

Valley National Advisers Inc. increased its holdings in Avery Dennison Corporation (NYSE:AVY) by 1.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,061 shares of the industrial products company’s stock after buying an additional 141 shares during the period. Valley National Advisers Inc.’s holdings in Avery Dennison were worth $1,588,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bayforest Capital Ltd bought a new position in shares of Avery Dennison in the first quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Avery Dennison by 193.1% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 170 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 112 shares in the last quarter. SouthState Corp boosted its stake in Avery Dennison by 195.7% in the 1st quarter. SouthState Corp now owns 207 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 137 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Avery Dennison by 70.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 211 shares of the industrial products company’s stock valued at $37,000 after buying an additional 87 shares in the last quarter. Finally, Costello Asset Management INC purchased a new stake in shares of Avery Dennison in the first quarter worth about $40,000. Institutional investors own 94.17% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on AVY. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a research note on Saturday, September 27th. JPMorgan Chase & Co. boosted their price target on shares of Avery Dennison from $172.00 to $182.00 and gave the company a “neutral” rating in a research report on Wednesday, July 23rd. Bank of America increased their price objective on Avery Dennison from $195.00 to $208.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. BMO Capital Markets restated an “outperform” rating and issued a $207.00 target price (down from $216.00) on shares of Avery Dennison in a research note on Wednesday, July 23rd. Finally, Raymond James Financial lifted their price target on Avery Dennison from $194.00 to $200.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $196.80.

Avery Dennison Trading Up 0.5%

Shares of AVY stock opened at $163.42 on Monday. The business has a 50-day moving average of $168.69 and a 200 day moving average of $173.61. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.04 and a quick ratio of 0.70. Avery Dennison Corporation has a 1-year low of $157.00 and a 1-year high of $222.16. The stock has a market capitalization of $12.74 billion, a PE ratio of 18.34, a P/E/G ratio of 2.51 and a beta of 0.95.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.04. Avery Dennison had a return on equity of 33.14% and a net margin of 8.14%.The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter in the previous year, the company posted $2.42 earnings per share. The business’s revenue was down .7% on a year-over-year basis. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. As a group, sell-side analysts anticipate that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd were issued a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Wednesday, September 3rd. Avery Dennison’s payout ratio is currently 42.20%.

Avery Dennison Company Profile

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.