Fideuram Intesa Sanpaolo Private Banking S.P.A. Buys Shares of 6,348 Avery Dennison Corporation $AVY

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Avery Dennison Corporation (NYSE:AVY) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 6,348 shares of the industrial products company’s stock, valued at approximately $1,096,000.

Other institutional investors have also modified their holdings of the company. Fieldview Capital Management LLC increased its position in Avery Dennison by 412.7% during the third quarter. Fieldview Capital Management LLC now owns 26,265 shares of the industrial products company’s stock worth $4,259,000 after purchasing an additional 21,142 shares during the last quarter. CPC Advisors LLC acquired a new position in Avery Dennison in the 4th quarter valued at about $1,464,000. Ameriprise Financial Inc. boosted its holdings in Avery Dennison by 30.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock valued at $298,613,000 after purchasing an additional 435,156 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Avery Dennison in the 4th quarter valued at approximately $2,546,000. Finally, Retirement Systems of Alabama increased its holdings in shares of Avery Dennison by 87.9% during the 4th quarter. Retirement Systems of Alabama now owns 228,979 shares of the industrial products company’s stock worth $41,647,000 after buying an additional 107,109 shares during the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on AVY shares. Raymond James Financial set a $192.00 price target on shares of Avery Dennison in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft began coverage on Avery Dennison in a research note on Wednesday, April 1st. They set a “buy” rating and a $200.00 target price for the company. Truist Financial restated a “buy” rating and issued a $221.00 target price (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. JPMorgan Chase & Co. decreased their price target on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Finally, Citigroup lowered their price target on Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Eight 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, the stock has a consensus rating of “Moderate Buy” and an average target price of $201.33.

Avery Dennison Stock Performance

NYSE:AVY opened at $166.82 on Friday. Avery Dennison Corporation has a fifty-two week low of $152.42 and a fifty-two week high of $199.54. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15. The company has a 50 day moving average price of $160.59 and a 200 day moving average price of $174.13. The stock has a market capitalization of $12.76 billion, a P/E ratio of 18.81, a PEG ratio of 2.89 and a beta of 0.82.

Avery Dennison (NYSE:AVY) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.41 by $0.06. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the previous year, the company earned $2.30 earnings per share. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Equities research analysts forecast that Avery Dennison Corporation will post 10 EPS for the current year.

Avery Dennison Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were issued a $1.00 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s dividend payout ratio (DPR) is presently 45.10%.

About Avery Dennison

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.