1,239 Shares in Avery Dennison Corporation $AVY Purchased by Arrowroot Family Office LLC

Arrowroot Family Office LLC bought a new stake in Avery Dennison Corporation (NYSE:AVY) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,239 shares of the industrial products company’s stock, valued at approximately $217,000.

Other institutional investors also recently made changes to their positions in the company. Bayforest Capital Ltd purchased a new stake in shares of Avery Dennison during the 1st quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Avery Dennison by 193.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 170 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 112 shares during the period. NewSquare Capital LLC grew its position in Avery Dennison by 156.2% during the second quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 114 shares during the period. SouthState Corp grew its position in Avery Dennison by 195.7% during the first quarter. SouthState Corp now owns 207 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 137 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its holdings 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 purchasing an additional 87 shares during the period. 94.17% of the stock is owned by hedge funds and other institutional investors.

Avery Dennison Stock Performance

Avery Dennison stock opened at $174.63 on Thursday. Avery Dennison Corporation has a 52 week low of $156.23 and a 52 week high of $209.83. The company has a current ratio of 1.26, a quick ratio of 0.89 and a debt-to-equity ratio of 1.45. The stock has a market cap of $13.50 billion, a P/E ratio of 19.87, a price-to-earnings-growth ratio of 2.39 and a beta of 0.99. The stock has a 50 day moving average of $166.92 and a 200-day moving average of $173.10.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.32 by $0.05. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same quarter last year, the company posted $2.33 earnings per share. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. On average, analysts expect that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd will be given a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, December 3rd. Avery Dennison’s dividend payout ratio (DPR) is presently 42.78%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AVY. JPMorgan Chase & Co. upgraded Avery Dennison from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $182.00 to $195.00 in a report on Thursday, October 23rd. BMO Capital Markets reiterated an “outperform” rating and set a $210.00 price objective on shares of Avery Dennison in a research note on Thursday, October 23rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Avery Dennison in a research report on Tuesday, October 14th. Raymond James Financial upped their price target on shares of Avery Dennison from $194.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Finally, Citigroup decreased their target price on Avery Dennison from $191.00 to $177.00 and set a “neutral” rating for the company in a research report on Monday, September 29th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $200.55.

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.