Hillsdale Investment Management Inc. Buys Shares of 5,200 Avery Dennison Corporation $AVY

Hillsdale Investment Management Inc. purchased a new position in shares of Avery Dennison Corporation (NYSE:AVY) in the third quarter, Holdings Channel reports. The fund purchased 5,200 shares of the industrial products company’s stock, valued at approximately $843,000.

A number of other large investors also recently modified their holdings of AVY. Portside Wealth Group LLC raised its stake in shares of Avery Dennison by 4.7% during the third quarter. Portside Wealth Group LLC now owns 1,340 shares of the industrial products company’s stock valued at $217,000 after purchasing an additional 60 shares in the last quarter. Resources Management Corp CT ADV increased its stake in Avery Dennison by 0.8% during the 2nd quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock valued at $1,369,000 after buying an additional 62 shares during the period. Arizona State Retirement System raised its position in shares of Avery Dennison by 0.3% during the 3rd quarter. Arizona State Retirement System now owns 23,151 shares of the industrial products company’s stock worth $3,754,000 after buying an additional 71 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Avery Dennison by 1.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,547 shares of the industrial products company’s stock worth $798,000 after acquiring an additional 79 shares during the period. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Avery Dennison by 89.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 80 shares in the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Argus set a $200.00 target price on Avery Dennison in a report on Tuesday, October 28th. UBS Group boosted their price objective on Avery Dennison from $218.00 to $226.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. JPMorgan Chase & Co. boosted their price target on shares of Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Finally, Truist Financial upped their price target on shares of Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Avery Dennison currently has a consensus rating of “Moderate Buy” and an average price target of $208.45.

Avery Dennison Stock Down 0.3%

Shares of Avery Dennison stock opened at $196.39 on Tuesday. Avery Dennison Corporation has a 12-month low of $156.23 and a 12-month high of $197.54. The firm has a market capitalization of $15.18 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 3.52 and a beta of 1.00. The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 1.43. The stock’s fifty day moving average is $187.21 and its 200-day moving average is $176.20.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. The firm had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.Avery Dennison’s revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the business posted $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Equities analysts anticipate that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, March 4th. Avery Dennison’s payout ratio is presently 42.82%.

Insider Transactions at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the sale, the senior vice president directly owned 7,588 shares of the company’s stock, valued at $1,464,104.60. The trade was a 13.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.84% of the stock is currently owned by company insiders.

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.