14,873 Shares of Avery Dennison Corporation $AVY Acquired by Schaper Benz & Wise Investment Counsel Inc. WI

Schaper Benz & Wise Investment Counsel Inc. WI acquired a new position in shares of Avery Dennison Corporation (NYSE:AVY) during the 3rd quarter, HoldingsChannel reports. The firm acquired 14,873 shares of the industrial products company’s stock, valued at approximately $2,538,000.

A number of other large investors have also recently bought and sold shares of the business. Bank of America Corp DE bought a new stake in shares of Avery Dennison in the 2nd quarter worth approximately $142,169,000. HighTower Advisors LLC increased its position in Avery Dennison by 32.9% in the second quarter. HighTower Advisors LLC now owns 68,647 shares of the industrial products company’s stock worth $11,145,000 after buying an additional 17,003 shares during the period. Corient Private Wealth LP increased its position in Avery Dennison by 91.1% in the second quarter. Corient Private Wealth LP now owns 124,011 shares of the industrial products company’s stock worth $20,133,000 after buying an additional 59,109 shares during the period. AXQ Capital LP bought a new stake in Avery Dennison in the second quarter valued at $1,053,000. Finally, Kepler Cheuvreux Suisse SA acquired a new position in shares of Avery Dennison during the first quarter valued at $1,158,000. Institutional investors own 94.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Weiss Ratings raised shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. upped their target price on shares of Avery Dennison from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Truist Financial dropped their price target on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Wall Street Zen raised Avery Dennison from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Bank of America reiterated a “buy” rating on shares of Avery Dennison in a research report on Friday, August 14th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $199.20.

Insider Activity

In related news, SVP Ignacio J. Walker sold 1,742 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total value of $298,944.62. Following the completion of the sale, the senior vice president owned 7,585 shares in the company, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Nicholas Colisto sold 3,886 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total transaction of $663,262.48. Following the completion of the transaction, the senior vice president directly owned 7,126 shares of the company’s stock, valued at $1,216,265.68. This represents a 35.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.81% of the company’s stock.

Avery Dennison Stock Performance

Shares of NYSE AVY opened at $167.77 on Friday. The stock’s fifty day simple moving average is $174.09 and its 200 day simple moving average is $167.02. The stock has a market capitalization of $12.72 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 2.02 and a beta of 0.79. 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 52-week low of $152.42 and a 52-week high of $199.54.

Avery Dennison (NYSE:AVY) last announced 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 business had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.30 billion. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%. Avery Dennison’s revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business posted $2.42 earnings per share. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. As a group, sell-side analysts forecast that Avery Dennison Corporation will post 10.15 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Wednesday, September 2nd. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. Avery Dennison’s dividend payout ratio is currently 43.81%.

Avery Dennison Profile

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.