Avery Dennison Corporation $AVY Stock Holdings Cut by Trillium Asset Management LLC

Trillium Asset Management LLC reduced its position in shares of Avery Dennison Corporation (NYSE:AVY) by 34.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 44,907 shares of the industrial products company’s stock after selling 23,883 shares during the quarter. Trillium Asset Management LLC’s holdings in Avery Dennison were worth $8,540,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AVY. Empowered Funds LLC boosted its stake in Avery Dennison by 6.4% during the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock valued at $2,409,000 after purchasing an additional 819 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of Avery Dennison by 7.6% during the 1st quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock worth $697,000 after acquiring an additional 278 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of Avery Dennison during the 1st quarter worth $1,209,000. EverSource Wealth Advisors LLC boosted its stake in shares of Avery Dennison by 164.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 389 shares of the industrial products company’s stock worth $68,000 after acquiring an additional 242 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Avery Dennison during the 2nd quarter worth $241,000. 94.17% of the stock is owned by institutional investors.

Avery Dennison Stock Performance

Shares of Avery Dennison stock opened at $159.23 on Friday. The stock has a market cap of $12.18 billion, a PE ratio of 17.95, a price-to-earnings-growth ratio of 2.73 and a beta of 0.82. The business has a fifty day simple moving average of $163.18 and a 200-day simple moving average of $175.46. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 1.38. Avery Dennison Corporation has a 12 month low of $152.42 and a 12 month high of $199.54.

Avery Dennison (NYSE:AVY) last issued its earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.41 by $0.06. The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.Avery Dennison’s revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.30 earnings per share. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, sell-side analysts anticipate that Avery Dennison Corporation will post 10.05 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be issued a dividend of $1.00 per share. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Wednesday, June 3rd. Avery Dennison’s dividend payout ratio is 45.10%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AVY shares. Citigroup reduced their price objective on Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. UBS Group reduced their price objective on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Raymond James Financial set a $192.00 price objective on Avery Dennison in a research note on Tuesday, April 21st. JPMorgan Chase & Co. reduced their price objective on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Finally, Weiss Ratings lowered Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Avery Dennison presently has an average rating of “Moderate Buy” and an average price target of $201.33.

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.