Great Lakes Advisors LLC Sells 4,166 Shares of Avery Dennison Corporation $AVY

Great Lakes Advisors LLC trimmed its holdings in Avery Dennison Corporation (NYSE:AVY) by 3.7% in the 4th quarter, HoldingsChannel reports. The firm owned 108,061 shares of the industrial products company’s stock after selling 4,166 shares during the quarter. Great Lakes Advisors LLC’s holdings in Avery Dennison were worth $19,654,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AVY. Coldstream Capital Management Inc. boosted its stake in Avery Dennison by 2.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company’s stock worth $393,000 after buying an additional 54 shares during the last quarter. Huntington National Bank lifted its stake in shares of Avery Dennison by 3.2% in the 4th quarter. Huntington National Bank now owns 1,832 shares of the industrial products company’s stock valued at $333,000 after purchasing an additional 56 shares during the last quarter. Capital Investment Advisors LLC lifted its stake in shares of Avery Dennison by 3.4% in the 4th quarter. Capital Investment Advisors LLC now owns 1,838 shares of the industrial products company’s stock valued at $334,000 after purchasing an additional 61 shares during the last quarter. Resources Management Corp CT ADV lifted its stake in shares of Avery Dennison by 0.8% in the 2nd quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock valued at $1,369,000 after purchasing an additional 62 shares during the last quarter. Finally, Mather Group LLC. lifted its stake in shares of Avery Dennison by 3.6% in the 4th quarter. Mather Group LLC. now owns 1,860 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 64 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors.

Avery Dennison Price Performance

AVY stock opened at $159.09 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $12.17 billion, a PE ratio of 17.94, a P/E/G ratio of 2.68 and a beta of 0.82. Avery Dennison Corporation has a 12-month low of $152.42 and a 12-month high of $199.54. The business’s fifty day moving average price is $163.46 and its 200 day moving average price is $175.57.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.06. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.26 billion. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The company’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, sell-side analysts anticipate that Avery Dennison Corporation will post 10.05 EPS for the current year.

Avery Dennison Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be issued a $1.00 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s dividend payout ratio (DPR) is presently 45.10%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on AVY. Argus set a $175.00 price target on Avery Dennison in a research note on Thursday, June 4th. UBS Group decreased their price target on Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Raymond James Financial set a $192.00 price target on Avery Dennison in a research note on Tuesday, April 21st. Citigroup decreased their price target on Avery Dennison from $190.00 to $185.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. decreased their price target on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Avery Dennison currently has a consensus rating of “Moderate Buy” and an average target price of $201.33.

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.