Neo Ivy Capital Management Invests $614,000 in Avery Dennison Corporation $AVY

Neo Ivy Capital Management bought a new position in shares of Avery Dennison Corporation (NYSE:AVY) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,784 shares of the industrial products company’s stock, valued at approximately $614,000.

A number of other hedge funds have also recently bought and sold shares of AVY. Vermillion & White Wealth Management Group LLC grew its position in 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 worth $30,000 after purchasing an additional 80 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Avery Dennison during the third quarter valued at about $29,000. Atlantic Union Bankshares Corp acquired a new position in shares of Avery Dennison during the second quarter valued at about $35,000. CYBER HORNET ETFs LLC bought a new stake in shares of Avery Dennison in the second quarter valued at about $37,000. Finally, MUFG Securities EMEA plc acquired a new stake in Avery Dennison during the second quarter worth about $41,000. 94.17% of the stock is owned by institutional investors.

Avery Dennison Stock Performance

NYSE:AVY opened at $179.80 on Friday. The firm has a market capitalization of $13.82 billion, a PE ratio of 20.48, a price-to-earnings-growth ratio of 3.21 and a beta of 0.97. 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 $199.54. The firm has a 50-day moving average price of $188.74 and a 200 day moving average price of $177.20.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.05. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the business earned $2.38 earnings per share. The company’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. Research analysts anticipate that Avery Dennison Corporation will post 9.96 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be paid a $0.94 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $3.76 annualized dividend and a yield of 2.1%. Avery Dennison’s 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 stock in a transaction on Friday, February 6th. The stock was 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 in the company, valued at $1,464,104.60. This represents a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.84% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on AVY shares. Truist Financial boosted their price target on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. BMO Capital Markets raised their price objective on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. Citigroup boosted their price objective on Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Finally, UBS Group raised their target price on Avery Dennison from $218.00 to $226.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Avery Dennison has an average rating of “Moderate Buy” and a consensus target price of $208.45.

About Avery Dennison

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.