Reflection Asset Management Invests $1.04 Million in Avery Dennison Corporation $AVY

Reflection Asset Management acquired a new position in shares of Avery Dennison Corporation (NYSE:AVY) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,744 shares of the industrial products company’s stock, valued at approximately $1,045,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Bartlett & CO. Wealth Management LLC lifted its position in Avery Dennison by 16,900.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 169 shares during the last quarter. Root Financial Partners LLC grew its position in shares of Avery Dennison by 60.8% in the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 73 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new stake in shares of Avery Dennison in the fourth quarter valued at about $37,000. CYBER HORNET ETFs LLC bought a new position in shares of Avery Dennison in the second quarter worth about $37,000. Finally, Sound Income Strategies LLC lifted its position in shares of Avery Dennison by 51.1% during the 4th quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 72 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AVY has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their target price on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. UBS Group decreased their price target on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Weiss Ratings lowered shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Raymond James Financial set a $192.00 target price on shares of Avery Dennison in a research note on Tuesday, April 21st. Finally, Truist Financial reissued a “buy” rating and set a $221.00 target price (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Avery Dennison presently has a consensus rating of “Moderate Buy” and an average target price of $201.33.

Avery Dennison Stock Down 0.1%

AVY opened at $158.60 on Friday. The company has a market capitalization of $12.13 billion, a P/E ratio of 17.88, a P/E/G ratio of 2.73 and a beta of 0.82. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.15 and a quick ratio of 0.80. The firm’s fifty day moving average price is $162.04 and its two-hundred day moving average price is $175.06. Avery Dennison Corporation has a fifty-two week low of $152.42 and a fifty-two week high of $199.54.

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

Avery Dennison Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.5%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend was Wednesday, June 3rd. Avery Dennison’s dividend payout ratio (DPR) is currently 45.10%.

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.