Kera Capital Partners Inc. Has $417,000 Position in Avery Dennison Corporation $AVY

Kera Capital Partners Inc. boosted its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 97.3% during the second quarter, Holdings Channel reports. The institutional investor owned 2,375 shares of the industrial products company’s stock after acquiring an additional 1,171 shares during the quarter. Kera Capital Partners Inc.’s holdings in Avery Dennison were worth $417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Grove Bank & Trust boosted its stake in shares of Avery Dennison by 17.7% in the 1st quarter. Grove Bank & Trust now owns 393 shares of the industrial products company’s stock valued at $70,000 after purchasing an additional 59 shares in the last quarter. Forum Financial Management LP boosted its stake in shares of Avery Dennison by 5.6% in the 1st quarter. Forum Financial Management LP now owns 1,384 shares of the industrial products company’s stock valued at $246,000 after purchasing an additional 73 shares in the last quarter. Brown Advisory Inc. boosted its stake in shares of Avery Dennison by 3.6% in the 1st quarter. Brown Advisory Inc. now owns 2,169 shares of the industrial products company’s stock valued at $386,000 after purchasing an additional 76 shares in the last quarter. Figure 8 Investment Strategies LLC boosted its stake in shares of Avery Dennison by 1.1% in the 1st quarter. Figure 8 Investment Strategies LLC now owns 7,889 shares of the industrial products company’s stock valued at $1,404,000 after purchasing an additional 83 shares in the last quarter. Finally, Amalgamated Bank boosted its stake in shares of Avery Dennison by 0.5% in the 1st quarter. Amalgamated Bank now owns 16,076 shares of the industrial products company’s stock valued at $2,861,000 after purchasing an additional 83 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on AVY. BMO Capital Markets restated an “outperform” rating and issued a $207.00 target price (down previously from $216.00) on shares of Avery Dennison in a research note on Wednesday, July 23rd. Bank of America boosted their target price on shares of Avery Dennison from $195.00 to $208.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. JPMorgan Chase & Co. boosted their target price on shares of Avery Dennison from $172.00 to $182.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Citigroup boosted their target price on shares of Avery Dennison from $177.00 to $185.00 and gave the company a “neutral” rating in a research note on Friday, July 11th. Finally, Wall Street Zen raised Avery Dennison from a “sell” rating to a “hold” rating in a report on Thursday, May 22nd. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $197.60.

Avery Dennison Stock Performance

Shares of NYSE:AVY opened at $165.71 on Friday. The stock has a market capitalization of $12.92 billion, a P/E ratio of 18.60, a P/E/G ratio of 2.59 and a beta of 0.90. Avery Dennison Corporation has a 1-year low of $157.00 and a 1-year high of $224.38. The company has a current ratio of 1.04, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. The business has a 50-day moving average price of $173.87 and a two-hundred day moving average price of $175.66.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.38 by $0.04. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.23 billion. Avery Dennison had a return on equity of 33.14% and a net margin of 8.14%.The company’s quarterly revenue was down .7% compared to the same quarter last year. During the same period in the previous year, the business posted $2.42 EPS. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. Equities analysts predict that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd will be issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, September 3rd. Avery Dennison’s payout ratio is currently 42.20%.

Avery Dennison Profile

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.