Aristotle Atlantic Partners LLC Purchases 38,253 Shares of Avery Dennison Corporation $AVY

Aristotle Atlantic Partners LLC lifted its position in Avery Dennison Corporation (NYSE:AVY) by 39.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 135,758 shares of the industrial products company’s stock after purchasing an additional 38,253 shares during the period. Aristotle Atlantic Partners LLC owned about 0.18% of Avery Dennison worth $24,692,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bartlett & CO. Wealth Management LLC lifted its holdings in Avery Dennison by 16,900.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after buying an additional 169 shares during the period. Root Financial Partners LLC lifted 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 buying an additional 73 shares during the period. Measured Wealth Private Client Group LLC purchased a new stake in Avery Dennison in the 3rd quarter worth approximately $36,000. CYBER HORNET ETFs LLC purchased a new stake in Avery Dennison in the 2nd quarter worth approximately $37,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Avery Dennison in the 4th quarter worth approximately $37,000. Institutional investors own 94.17% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Raymond James Financial set a $192.00 price objective on Avery Dennison in a report on Tuesday, April 21st. Truist Financial reiterated a “buy” rating and issued a $221.00 price objective (down from $223.00) on shares of Avery Dennison in a report on Wednesday, April 29th. JPMorgan Chase & Co. dropped their price objective on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. UBS Group dropped their price objective on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a report on Friday, April 10th. Finally, Citigroup decreased their price target on shares of Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Avery Dennison presently has an average rating of “Moderate Buy” and an average price target of $201.33.

Avery Dennison Price Performance

AVY stock opened at $159.37 on Thursday. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54. The company has a market cap of $12.19 billion, a P/E ratio of 17.97, a PEG ratio of 2.78 and a beta of 0.82. The firm has a 50-day moving average of $162.55 and a 200 day moving average of $175.27. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.15 and a quick ratio of 0.80.

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

Avery Dennison Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were given a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.5%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s payout ratio is currently 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.