Kepler Cheuvreux Suisse SA Invests $1.16 Million in Avery Dennison Corporation $AVY

Kepler Cheuvreux Suisse SA bought a new stake in shares of Avery Dennison Corporation (NYSE:AVY) in the 1st quarter, HoldingsChannel.com reports. The fund bought 6,707 shares of the industrial products company’s stock, valued at approximately $1,158,000.

Several other large investors have also recently made changes to their positions in AVY. Bartlett & CO. Wealth Management LLC boosted its holdings in 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 buying an additional 169 shares in the last quarter. Root Financial Partners LLC increased its holdings in Avery Dennison by 60.8% in the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after buying an additional 73 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new position in shares of Avery Dennison in the third quarter worth about $36,000. Godfrey Financial Associates Inc. acquired a new position in shares of Avery Dennison in the fourth quarter worth about $37,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Avery Dennison during the 2nd quarter worth about $37,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Avery Dennison Stock Down 0.1%

AVY stock opened at $166.82 on Friday. The stock has a market capitalization of $12.76 billion, a P/E ratio of 18.81, a P/E/G ratio of 2.89 and a beta of 0.82. The firm has a 50-day simple moving average of $160.59 and a 200-day simple moving average of $174.13. 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 52 week low of $152.42 and a 52 week high of $199.54.

Avery Dennison (NYSE:AVY) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.06. The firm had revenue of $2.30 billion during 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%. During the same quarter in the prior year, the firm earned $2.30 EPS. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Equities analysts forecast that Avery Dennison Corporation will post 10 earnings per share for the current fiscal year.

Avery Dennison Increases Dividend

The company 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. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date was Wednesday, June 3rd. Avery Dennison’s dividend payout ratio (DPR) is 45.10%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Raymond James Financial set a $192.00 target price on Avery Dennison in a research report on Tuesday, April 21st. Argus set a $175.00 price target on Avery Dennison in a report on Thursday, June 4th. Deutsche Bank Aktiengesellschaft initiated coverage on Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price target on the stock. Weiss Ratings lowered Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Finally, JPMorgan Chase & Co. cut their price objective on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Avery Dennison 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.