William Blair Investment Management LLC Makes New Investment in Avery Dennison Corporation $AVY

William Blair Investment Management LLC acquired a new position in Avery Dennison Corporation (NYSE:AVY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 109,164 shares of the industrial products company’s stock, valued at approximately $17,723,000. William Blair Investment Management LLC owned 0.14% of Avery Dennison at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Empowered Funds LLC lifted its position in shares of Avery Dennison by 6.4% during the first quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock worth $2,409,000 after acquiring an additional 819 shares in the last quarter. Focus Partners Wealth grew its position in shares of Avery Dennison by 7.6% in the first quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock valued at $697,000 after purchasing an additional 278 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of Avery Dennison during the 1st quarter valued at $1,209,000. EverSource Wealth Advisors LLC raised its stake in shares of Avery Dennison by 164.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 389 shares of the industrial products company’s stock valued at $68,000 after purchasing an additional 242 shares during the period. Finally, Marshall Wace LLP purchased a new stake in Avery Dennison during the 2nd quarter worth about $241,000. Institutional investors own 94.17% of the company’s stock.

Wall Street Analyst Weigh In

AVY has been the topic of several analyst reports. UBS Group upped their price target on Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Citigroup boosted their price objective on shares of Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. upped their target price on shares of Avery Dennison from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Argus set a $175.00 target price on shares of Avery Dennison in a research note on Thursday, June 4th. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $201.22.

Avery Dennison Price Performance

Shares of NYSE:AVY opened at $183.79 on Friday. The company’s fifty day moving average price is $166.80 and its 200-day moving average price is $170.32. The firm has a market capitalization of $13.93 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 3.01 and a beta of 0.81. Avery Dennison Corporation has a one year low of $152.42 and a one year high of $199.54. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79.

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

Avery Dennison Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a yield of 2.2%. Avery Dennison’s payout ratio is 43.81%.

Insider Activity

In other news, SVP Ignacio J. Walker sold 1,742 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total value of $298,944.62. Following the completion of the transaction, the senior vice president directly owned 7,585 shares in the company, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.81% of the company’s stock.

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.