4,320 Shares in Avery Dennison Corporation $AVY Acquired by Strategic Global Advisors LLC

Strategic Global Advisors LLC bought a new stake in shares of Avery Dennison Corporation (NYSE:AVY) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,320 shares of the industrial products company’s stock, valued at approximately $701,000.

Several other institutional investors have also added to or reduced their stakes in AVY. Trust Co. of Vermont bought a new stake in shares of Avery Dennison during the 2nd quarter valued at $27,000. Elevation Wealth Partners LLC increased its stake in shares of Avery Dennison by 684.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 171 shares in the last quarter. Root Financial Partners LLC raised its holdings in 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 during the period. Measured Wealth Private Client Group LLC purchased a new position in Avery Dennison during the third quarter valued at $36,000. Finally, Godfrey Financial Associates Inc. purchased a new position in Avery Dennison during the fourth quarter valued at $37,000. 94.17% of the stock is currently owned by institutional investors.

Avery Dennison Price Performance

AVY stock opened at $182.47 on Thursday. Avery Dennison Corporation has a 52 week low of $152.42 and a 52 week high of $199.54. The firm has a market capitalization of $13.83 billion, a P/E ratio of 19.99, a price-to-earnings-growth ratio of 2.30 and a beta of 0.81. The company has a fifty day simple moving average of $168.10 and a two-hundred day simple moving average of $170.01. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.30 billion. During the same period in the previous year, the firm posted $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. Analysts anticipate that Avery Dennison Corporation will post 10.15 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be issued a dividend of $1.00 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. Avery Dennison’s dividend payout ratio (DPR) is presently 43.81%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on AVY shares. Weiss Ratings raised Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Truist Financial cut their price objective on Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Bank of America reissued a “buy” rating on shares of Avery Dennison in a report on Friday, August 14th. UBS Group raised their target price on shares of Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $201.22.

Insider Transactions at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,742 shares of Avery Dennison stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the completion of the sale, the senior vice president owned 7,585 shares of the company’s stock, valued at approximately $1,301,661.85. The trade was a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.81% 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.