Avery Dennison Corporation $AVY Shares Sold by Taylor Frigon Capital Management LLC

Taylor Frigon Capital Management LLC cut its holdings in Avery Dennison Corporation (NYSE:AVY) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,651 shares of the industrial products company’s stock after selling 68 shares during the quarter. Taylor Frigon Capital Management LLC’s holdings in Avery Dennison were worth $1,167,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of Avery Dennison by 19,370.0% in the 1st quarter. GAMMA Investing LLC now owns 428,730 shares of the industrial products company’s stock worth $76,301,000 after acquiring an additional 426,528 shares during the last quarter. DAVENPORT & Co LLC boosted its position in shares of Avery Dennison by 905.0% in the 1st quarter. DAVENPORT & Co LLC now owns 324,095 shares of the industrial products company’s stock valued at $57,503,000 after purchasing an additional 291,848 shares during the period. Vanguard Group Inc. increased its stake in Avery Dennison by 2.9% in the 1st quarter. Vanguard Group Inc. now owns 9,959,263 shares of the industrial products company’s stock worth $1,772,450,000 after purchasing an additional 277,554 shares in the last quarter. Nuveen LLC acquired a new stake in Avery Dennison during the 1st quarter worth about $46,322,000. Finally, Johnson Investment Counsel Inc. lifted its stake in Avery Dennison by 1,305.6% during the first quarter. Johnson Investment Counsel Inc. now owns 264,452 shares of the industrial products company’s stock valued at $47,065,000 after buying an additional 245,638 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Trading Up 1.4%

Shares of NYSE:AVY opened at $160.86 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $12.54 billion, a PE ratio of 18.05, a P/E/G ratio of 2.47 and a beta of 0.90. Avery Dennison Corporation has a 1 year low of $157.00 and a 1 year high of $224.38. The firm has a fifty day moving average price of $170.40 and a 200 day moving average price of $174.19.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings results on Tuesday, July 22nd. The industrial products company reported $2.42 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.42 earnings per share. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. Analysts expect that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Announces Dividend

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

Analyst Ratings Changes

Several research analysts have recently weighed in on AVY shares. Citigroup reissued a “neutral” rating on shares of Avery Dennison in a research report on Monday. JPMorgan Chase & Co. lifted their price objective on shares of 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 increased their target price on Avery Dennison from $195.00 to $208.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. BMO Capital Markets reiterated an “outperform” rating and set a $207.00 price target (down previously from $216.00) on shares of Avery Dennison in a report on Wednesday, July 23rd. Finally, Raymond James Financial upped 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 analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $197.60.

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.