Expect Equity LLC Invests $1.62 Million in Avery Dennison Corporation $AVY

Expect Equity LLC acquired a new position in shares of Avery Dennison Corporation (NYSE:AVY) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,880 shares of the industrial products company’s stock, valued at approximately $1,615,000.

A number of other hedge funds also recently made changes to their positions in AVY. Bartlett & CO. Wealth Management LLC raised its position in shares of Avery Dennison by 16,900.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 169 shares during the last quarter. Root Financial Partners LLC raised its position in shares of Avery Dennison by 60.8% during the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 73 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Avery Dennison during the third quarter worth about $36,000. CYBER HORNET ETFs LLC bought a new position in shares of Avery Dennison during the second quarter worth about $37,000. Finally, Godfrey Financial Associates Inc. bought a new position in shares of Avery Dennison during the fourth quarter worth about $37,000. 94.17% of the stock is currently owned by institutional investors.

Avery Dennison Trading Down 1.6%

Shares of AVY stock opened at $159.37 on Thursday. 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 stock has a 50 day simple moving average of $162.55 and a two-hundred day simple moving average of $175.27. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15. Avery Dennison Corporation has a fifty-two week low of $152.42 and a fifty-two week high of $199.54.

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

Avery Dennison Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.5%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend was Wednesday, June 3rd. Avery Dennison’s payout ratio is 45.10%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AVY. UBS Group lowered their price objective on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Truist Financial restated a “buy” rating and set a $221.00 price objective (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. JPMorgan Chase & Co. lowered their target price on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft assumed coverage on Avery Dennison in a report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 target price for the company. Finally, Argus set a $175.00 target price on Avery Dennison in a report on Thursday, June 4th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Avery Dennison presently has a consensus rating of “Moderate Buy” and an average price target of $201.33.

Avery Dennison Company 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.