Segall Bryant & Hamill LLC Sells 2,854 Shares of Avery Dennison Corporation $AVY

Segall Bryant & Hamill LLC lowered its holdings in Avery Dennison Corporation (NYSE:AVY) by 5.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,351 shares of the industrial products company’s stock after selling 2,854 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Avery Dennison were worth $7,517,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AVY. Steigerwald Gordon & Koch Inc. bought a new position in Avery Dennison in the third quarter worth approximately $29,000. Vermillion & White Wealth Management Group LLC increased its holdings in shares of Avery Dennison by 89.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 80 shares during the period. NewSquare Capital LLC raised its position in shares of Avery Dennison by 156.2% in the 2nd quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 114 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of Avery Dennison during the 2nd quarter worth $35,000. Finally, CYBER HORNET ETFs LLC bought a new stake in Avery Dennison during the second quarter valued at about $37,000. 94.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on AVY. UBS Group boosted their target price on shares of Avery Dennison from $218.00 to $226.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Truist Financial boosted their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. JPMorgan Chase & Co. raised their target price on shares of Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Citigroup lifted their price target on shares of Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, BMO Capital Markets increased their price objective on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $208.45.

Avery Dennison Trading Down 1.8%

NYSE:AVY opened at $187.29 on Thursday. The company has a market capitalization of $14.40 billion, a P/E ratio of 21.33, a PEG ratio of 3.40 and a beta of 0.97. The company has a current ratio of 1.13, a quick ratio of 0.76 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 $199.54. The firm has a fifty day simple moving average of $188.75 and a 200-day simple moving average of $177.08.

Avery Dennison (NYSE:AVY) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. The company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the business posted $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. On average, equities research analysts anticipate that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Announces Dividend

The company 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 $0.94 dividend. 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 dividend payout ratio is currently 42.82%.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the completion of the transaction, the senior vice president directly owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.84% 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.