SBI Okasan Asset Management Co.Ltd. Takes Position in Avery Dennison Corporation $AVY

SBI Okasan Asset Management Co.Ltd. purchased a new stake in Avery Dennison Corporation (NYSE:AVY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,414 shares of the industrial products company’s stock, valued at approximately $806,000.

Other large investors have also modified their holdings of the company. Bartlett & CO. Wealth Management LLC grew its position in shares of Avery Dennison by 16,900.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 169 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in shares of Avery Dennison in the third quarter valued at approximately $36,000. Godfrey Financial Associates Inc. acquired a new stake in shares of Avery Dennison in the fourth quarter valued at approximately $37,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Avery Dennison in the second quarter valued at approximately $37,000. Finally, True Wealth Design LLC grew its position in shares of Avery Dennison by 285.7% in the fourth quarter. True Wealth Design LLC now owns 216 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 160 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Avery Dennison Stock Performance

NYSE:AVY opened at $159.25 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 1.38. The company has a market cap of $12.18 billion, a P/E ratio of 17.95, a P/E/G ratio of 2.77 and a beta of 0.84. Avery Dennison Corporation has a fifty-two week low of $152.68 and a fifty-two week high of $199.54. The firm’s 50 day moving average is $165.42 and its two-hundred day moving average is $176.51.

Avery Dennison (NYSE:AVY) last posted its quarterly 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 company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.26 billion. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. Avery Dennison’s revenue was up 7.0% on a year-over-year basis. 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. Analysts expect that Avery Dennison Corporation will post 10.05 EPS for the current year.

Avery Dennison Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be paid a dividend of $1.00 per share. This is an increase from Avery Dennison’s previous quarterly dividend of $0.94. This represents a $4.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, June 3rd. Avery Dennison’s payout ratio is 42.39%.

Analysts Set New Price Targets

Several research firms have recently commented on AVY. Raymond James Financial set a $192.00 price target on shares of Avery Dennison in a research report on Tuesday, April 21st. JPMorgan Chase & Co. decreased their target price on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 target price on the stock. Truist Financial restated a “buy” rating and set a $221.00 target price (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. Finally, UBS Group decreased their target price on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $204.11.

Insiders Place Their Bets

In other Avery Dennison news, Director Mitchell R. Butier sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the transaction, the director owned 211,147 shares of the company’s stock, valued at $36,714,240.36. This trade represents a 8.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.81% of the stock is currently owned by corporate insiders.

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.