MOKAN Wealth Management Inc. Has $2.02 Million Holdings in Avery Dennison Corporation $AVY

MOKAN Wealth Management Inc. lifted its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 42.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,125 shares of the industrial products company’s stock after purchasing an additional 3,318 shares during the quarter. Avery Dennison accounts for 0.9% of MOKAN Wealth Management Inc.’s holdings, making the stock its 28th largest position. MOKAN Wealth Management Inc.’s holdings in Avery Dennison were worth $2,023,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Wellington Management Group LLP increased its stake in Avery Dennison by 12.5% during the 3rd quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock worth $942,039,000 after acquiring an additional 644,664 shares during the period. Balyasny Asset Management L.P. acquired a new stake in shares of Avery Dennison during the 3rd quarter worth $74,942,000. Ameriprise Financial Inc. grew its holdings in shares of Avery Dennison by 30.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock worth $298,613,000 after purchasing an additional 435,156 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Avery Dennison by 3.6% in the third quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock worth $1,683,185,000 after purchasing an additional 361,231 shares during the period. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of Avery Dennison in the third quarter worth $51,443,000. 94.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AVY has been the subject of several recent analyst reports. Truist Financial upped their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. BMO Capital Markets boosted their target price on shares of Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a report on Friday, March 27th. Citigroup reduced their price target on shares of Avery Dennison from $201.00 to $190.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $206.50.

Avery Dennison Stock Performance

NYSE:AVY opened at $170.92 on Wednesday. Avery Dennison Corporation has a twelve month low of $156.23 and a twelve month high of $199.54. 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 50-day simple moving average is $180.53 and its 200 day simple moving average is $177.67. The firm has a market capitalization of $13.15 billion, a PE ratio of 19.47, a price-to-earnings-growth ratio of 2.84 and a beta of 1.00.

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

Avery Dennison Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a $0.94 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a yield of 2.2%. Avery Dennison’s dividend payout ratio (DPR) is currently 42.82%.

Insider Buying and Selling

In other Avery Dennison news, Director Mitchell R. Butier sold 13,000 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the sale, the director owned 198,147 shares of the company’s stock, valued at approximately $33,982,210.50. The trade was a 6.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Ignacio J. Walker sold 1,156 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.95, for a total transaction of $223,050.20. Following the transaction, the senior vice president owned 7,588 shares of the company’s stock, valued at $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 34,156 shares of company stock worth $5,930,150 in the last 90 days. Company insiders own 0.81% of the company’s stock.

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.