Avery Dennison Corporation $AVY Stock: Curated Wealth Partners LLC Decreases Stake

Curated Wealth Partners LLC trimmed its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 99.5% during the 3rd quarter, Holdings Channel reports. The fund owned 2,854 shares of the industrial products company’s stock after selling 613,607 shares during the period. Curated Wealth Partners LLC’s holdings in Avery Dennison were worth $487,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in AVY. Bank of America Corp DE purchased a new position in Avery Dennison during the 2nd quarter worth approximately $142,169,000. HighTower Advisors LLC grew its stake in Avery Dennison by 32.9% in the 2nd quarter. HighTower Advisors LLC now owns 68,647 shares of the industrial products company’s stock valued at $11,145,000 after acquiring an additional 17,003 shares during the period. AXQ Capital LP acquired a new stake in Avery Dennison in the 2nd quarter valued at $1,053,000. Corient Private Wealth LP increased its holdings in Avery Dennison by 91.1% in the 2nd quarter. Corient Private Wealth LP now owns 124,011 shares of the industrial products company’s stock worth $20,133,000 after acquiring an additional 59,109 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in Avery Dennison in the 2nd quarter worth $6,283,000. 94.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. UBS Group lifted their price target on Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Jefferies Financial Group reiterated a “hold” rating and set a $181.00 price target on shares of Avery Dennison in a research report on Monday, September 28th. Wall Street Zen raised shares of Avery Dennison from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, JPMorgan Chase & Co. upped their target price on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Avery Dennison has an average rating of “Moderate Buy” and an average price target of $199.10.

Avery Dennison Price Performance

AVY stock opened at $175.47 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.79 and a current ratio of 1.13. The firm has a market cap of $13.30 billion, a P/E ratio of 19.22, a PEG ratio of 2.11 and a beta of 0.79. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54. The stock’s 50 day moving average price is $173.89 and its 200 day moving average price is $167.18.

Avery Dennison (NYSE:AVY) last released its earnings results on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, topping the consensus estimate of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The firm had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.30 billion. During the same period in the previous year, the company earned $2.42 EPS. Avery Dennison’s revenue for the quarter was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, sell-side analysts expect that Avery Dennison Corporation will post 10.15 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Wednesday, September 2nd. Avery Dennison’s dividend payout ratio is presently 43.81%.

Insider Transactions at Avery Dennison

In other news, SVP Ignacio Walker sold 1,742 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total value of $298,944.62. Following the transaction, the senior vice president directly owned 7,585 shares in the company, valued at $1,301,661.85. This trade represents a 18.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Nicholas Colisto sold 3,886 shares of Avery Dennison stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $170.68, for a total transaction of $663,262.48. Following the transaction, the senior vice president directly owned 7,126 shares in the company, valued at approximately $1,216,265.68. This trade represents a 35.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.81% of the company’s stock.

About Avery Dennison

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops pressure-sensitive adhesives, functional materials and intelligent labeling solutions. Its products help identify, brand, decorate, track and protect products across a range of industries.

The company serves the apparel, retail, consumer goods, logistics, food, healthcare, automotive and industrial markets. Its offerings include label and graphic materials, self-adhesive tapes, specialty films, RFID inlays and tags, apparel labels, retail branding systems, packaging solutions and healthcare-related materials.

Avery Dennison was founded in 1935 by R.