Insider Selling: Avery Dennison (NYSE:AVY) SVP Sells 1,156 Shares of Stock

Avery Dennison Corporation (NYSE:AVY) SVP Ignacio Walker sold 1,156 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the sale, the senior vice president owned 7,588 shares in the company, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Avery Dennison Stock Performance

Shares of NYSE:AVY traded down $1.82 during trading on Monday, hitting $189.69. The stock had a trading volume of 636,302 shares, compared to its average volume of 701,704. The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 1.43. Avery Dennison Corporation has a 12-month low of $156.23 and a 12-month high of $196.00. The stock has a market capitalization of $14.66 billion, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 3.36 and a beta of 1.00. The stock has a 50-day simple moving average of $183.42 and a two-hundred day simple moving average of $174.37.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.05. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the company earned $2.38 EPS. Avery Dennison’s quarterly revenue was up 3.9% on a year-over-year basis. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. On average, equities research analysts expect that Avery Dennison Corporation will post 9.96 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, March 18th. Investors of record on Wednesday, March 4th will be given a dividend of $0.94 per share. The ex-dividend date is Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a yield of 2.0%. Avery Dennison’s payout ratio is currently 42.82%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Norges Bank acquired a new stake in Avery Dennison in the 2nd quarter valued at $174,425,000. Wellington Management Group LLP grew its position in shares of Avery Dennison by 12.5% in the third quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock valued at $942,039,000 after purchasing an additional 644,664 shares during the period. Cooke & Bieler LP purchased a new stake in shares of Avery Dennison during the fourth quarter worth about $105,616,000. Balyasny Asset Management L.P. acquired a new position in shares of Avery Dennison during the 3rd quarter worth about $74,942,000. Finally, Ameriprise Financial Inc. lifted its stake in Avery Dennison by 30.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock valued at $298,613,000 after buying an additional 435,156 shares in the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on AVY shares. BMO Capital Markets lifted their price objective on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a research note on Friday. Truist Financial lifted their price target on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Argus set a $200.00 price target on Avery Dennison in a report on Tuesday, October 28th. UBS Group raised their price objective on shares of Avery Dennison from $218.00 to $226.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Citigroup boosted their target price on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $208.45.

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.