GAMMA Investing LLC Has $486,000 Holdings in Avery Dennison Corporation $AVY

GAMMA Investing LLC lifted its position in shares of Avery Dennison Corporation (NYSE:AVY) by 15.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,772 shares of the industrial products company’s stock after purchasing an additional 363 shares during the quarter. GAMMA Investing LLC’s holdings in Avery Dennison were worth $486,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Bayforest Capital Ltd acquired a new stake in shares of Avery Dennison during the 1st quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of 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 buying an additional 112 shares during the period. SouthState Corp lifted its position in shares of Avery Dennison by 195.7% during the 1st quarter. SouthState Corp now owns 207 shares of the industrial products company’s stock worth $37,000 after buying an additional 137 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in shares of 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 worth $37,000 after buying an additional 87 shares during the period. Finally, Costello Asset Management INC bought a new position in shares of Avery Dennison during the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Stock Down 2.2%

NYSE AVY opened at $158.63 on Friday. The stock has a fifty day moving average of $170.75 and a 200-day moving average of $174.35. The stock has a market capitalization of $12.37 billion, a P/E ratio of 17.80, a price-to-earnings-growth ratio of 2.50 and a beta of 0.90. Avery Dennison Corporation has a 52 week low of $157.00 and a 52 week high of $224.38. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.04.

Avery Dennison (NYSE:AVY) last released its earnings results on Tuesday, July 22nd. The industrial products company reported $2.42 EPS for the quarter, beating the consensus estimate of $2.38 by $0.04. The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.23 billion. Avery Dennison had a return on equity of 33.14% and a net margin of 8.14%.The business’s revenue for the quarter was down .7% on a year-over-year basis. During the same period last year, the firm earned $2.42 EPS. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. On average, equities research analysts forecast that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd were paid a dividend of $0.94 per share. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.4%. Avery Dennison’s payout ratio is 42.20%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. JPMorgan Chase & Co. raised their target price on Avery Dennison from $172.00 to $182.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Bank of America raised their target price on Avery Dennison from $195.00 to $208.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Citigroup lifted their price objective on Avery Dennison from $177.00 to $185.00 and gave the company a “neutral” rating in a research report on Friday, July 11th. BMO Capital Markets reiterated an “outperform” rating and issued a $207.00 price objective (down previously from $216.00) on shares of Avery Dennison in a research report on Wednesday, July 23rd. Finally, Raymond James Financial lifted their price objective 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 five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Avery Dennison presently has a consensus rating of “Moderate Buy” and a consensus target price of $197.60.

About Avery Dennison

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.