5,858 Shares in Avery Dennison Corporation $AVY Acquired by Plato Investment Management Ltd

Plato Investment Management Ltd purchased a new stake in Avery Dennison Corporation (NYSE:AVY) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,858 shares of the industrial products company’s stock, valued at approximately $945,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AVY. Coldstream Capital Management Inc. lifted its holdings in shares of Avery Dennison by 2.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company’s stock worth $393,000 after buying an additional 54 shares in the last quarter. Huntington National Bank grew its stake in shares of Avery Dennison by 3.2% in the fourth quarter. Huntington National Bank now owns 1,832 shares of the industrial products company’s stock valued at $333,000 after acquiring an additional 56 shares in the last quarter. Resources Management Corp CT ADV increased its position in Avery Dennison by 0.8% during the second quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock worth $1,369,000 after acquiring an additional 62 shares during the period. Rothschild Investment LLC increased its position in Avery Dennison by 22.9% during the fourth quarter. Rothschild Investment LLC now owns 387 shares of the industrial products company’s stock worth $70,000 after acquiring an additional 72 shares during the period. Finally, Root Financial Partners LLC raised its stake 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 purchasing an additional 73 shares in the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AVY has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Argus set a $175.00 price target on shares of Avery Dennison in a research report on Thursday, June 4th. Weiss Ratings raised Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Truist Financial lowered their price objective on Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. lifted their price objective on Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Avery Dennison has a consensus rating of “Moderate Buy” and a consensus target price of $201.22.

Avery Dennison Trading Up 0.6%

Shares of Avery Dennison stock opened at $177.60 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37. Avery Dennison Corporation has a 12-month low of $152.42 and a 12-month high of $199.54. The company has a market capitalization of $13.46 billion, a price-to-earnings ratio of 19.45, a PEG ratio of 2.93 and a beta of 0.81. The firm’s 50-day moving average price is $165.30 and its two-hundred day moving average price is $170.26.

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

Avery Dennison Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be paid a dividend of $1.00 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a yield of 2.3%. Avery Dennison’s dividend payout ratio is presently 43.81%.

Insider Buying and Selling at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total value of $298,944.62. Following the sale, the senior vice president owned 7,585 shares of the company’s stock, valued at approximately $1,301,661.85. This trade represents a 18.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.81% of the company’s stock.

Avery Dennison 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.