Avery Dennison Corporation $AVY Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Avery Dennison Corporation (NYSE:AVY) by 1.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 956,886 shares of the industrial products company’s stock after buying an additional 17,769 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Avery Dennison were worth $155,350,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Trust Co. of Vermont purchased a new stake in Avery Dennison during the 2nd quarter worth about $27,000. Elevation Wealth Partners LLC increased its holdings in shares of Avery Dennison by 684.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 171 shares during the last quarter. Root Financial Partners LLC raised its position in shares of Avery Dennison by 60.8% during the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 73 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Avery Dennison during the third quarter worth approximately $36,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Avery Dennison during the fourth quarter worth approximately $37,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on AVY shares. JPMorgan Chase & Co. increased their price target on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Truist Financial reduced their price objective on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th. Citigroup increased their target price on shares of Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Weiss Ratings upgraded shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, Argus set a $175.00 price target on shares of Avery Dennison in a research report on Thursday, June 4th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $201.22.

Insider Transactions at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of Avery Dennison stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total value of $298,944.62. Following the transaction, the senior vice president directly owned 7,585 shares in the company, valued at approximately $1,301,661.85. The trade was a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.81% of the company’s stock.

Avery Dennison Trading Down 0.3%

AVY opened at $173.64 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37. Avery Dennison Corporation has a 52 week low of $152.42 and a 52 week high of $199.54. The business’s 50 day moving average is $169.52 and its two-hundred day moving average is $169.59. The firm has a market cap of $13.16 billion, a price-to-earnings ratio of 19.02, a price-to-earnings-growth ratio of 2.11 and a beta of 0.81.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.42. The business had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.30 billion. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The company’s revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.42 earnings per share. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, research analysts predict that Avery Dennison Corporation will post 10.15 EPS for the current year.

Avery Dennison Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a dividend of $1.00 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. Avery Dennison’s dividend payout ratio is currently 43.81%.

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.