Avery Dennison (NYSE:AVY) SVP Ignacio Walker Sells 1,742 Shares

Avery Dennison Corporation (NYSE:AVY) SVP Ignacio Walker sold 1,742 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total value of $298,944.62. Following the transaction, the senior vice president directly owned 7,585 shares of the company’s stock, valued at $1,301,661.85. The trade was a 18.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Avery Dennison Price Performance

Shares of AVY stock opened at $175.45 on Thursday. The firm has a market cap of $13.42 billion, a P/E ratio of 19.22, a P/E/G ratio of 3.00 and a beta of 0.81. Avery Dennison Corporation has a fifty-two week low of $152.42 and a fifty-two week high of $199.54. The business’s 50 day moving average price is $161.47 and its 200-day moving average price is $170.80. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.79 and a current ratio of 1.13.

Avery Dennison (NYSE:AVY) last announced its earnings results on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The company had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.30 billion. During the same quarter in the prior year, the company earned $2.42 earnings per share. The firm’s revenue for the quarter 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 10.13 earnings per share for the current year.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be issued a $1.00 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a yield of 2.3%. Avery Dennison’s dividend payout ratio is 43.81%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Bartlett & CO. Wealth Management LLC increased its stake in shares of Avery Dennison by 16,900.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 169 shares in the last quarter. Elevation Wealth Partners LLC lifted its holdings in shares of Avery Dennison by 684.0% during the second quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 171 shares during the last quarter. Root Financial Partners LLC boosted its position in shares of Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 73 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Avery Dennison in the 3rd quarter worth approximately $36,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in shares of Avery Dennison in the 4th quarter worth approximately $37,000. 94.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AVY. Weiss Ratings cut shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Argus set a $175.00 target price on Avery Dennison in a report on Thursday, June 4th. Raymond James Financial set a $192.00 target price on Avery Dennison in a research report on Tuesday, April 21st. Truist Financial dropped their price target on Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. Finally, Citigroup upped their price target on Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $201.22.

Avery Dennison Company 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.