MBL Wealth LLC Purchases New Holdings in Avery Dennison Corporation $AVY

MBL Wealth LLC 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 3,117 shares of the industrial products company’s stock, valued at approximately $532,000.

Several other large investors have also recently added to or reduced their stakes in AVY. Trust Co. of Vermont acquired a new position in shares of Avery Dennison in the second quarter valued at $27,000. Activest Wealth Management acquired a new position in Avery Dennison in the third quarter valued at about $27,000. Elevation Wealth Partners LLC boosted 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 worth $32,000 after acquiring an additional 171 shares in the last quarter. Louisbourg Investments Inc. bought a new stake in shares of Avery Dennison during the third quarter worth $39,000. Finally, Roxbury Financial LLC acquired a new stake in Avery Dennison in the 2nd quarter valued at about $40,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Insider Transactions at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,742 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total transaction of $298,944.62. Following the sale, the senior vice president owned 7,585 shares of the company’s stock, valued at $1,301,661.85. This represents a 18.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Nicholas Colisto sold 3,886 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total value of $663,262.48. Following the sale, the senior vice president directly owned 7,126 shares in the company, valued at approximately $1,216,265.68. This trade represents a 35.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.81% of the company’s stock.

Avery Dennison Price Performance

Shares of NYSE AVY opened at $181.99 on Friday. Avery Dennison Corporation has a twelve month low of $152.42 and a twelve month high of $199.54. The business’s 50 day moving average price is $173.94 and its two-hundred day moving average price is $167.47. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37. The company has a market cap of $13.79 billion, a PE ratio of 19.93, a price-to-earnings-growth ratio of 2.19 and a beta of 0.79.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) 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 quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.42 EPS. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, analysts predict that Avery Dennison Corporation will post 10.14 EPS for the current year.

Avery Dennison Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, December 2nd will be paid a $1.00 dividend. The ex-dividend date is Wednesday, December 2nd. This represents a $4.00 annualized dividend and a yield of 2.2%. Avery Dennison’s payout ratio is 43.81%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AVY. Jefferies Financial Group restated a “hold” rating and set a $181.00 target price on shares of Avery Dennison in a research report on Monday, September 28th. Bank of America reissued a “buy” rating on shares of Avery Dennison in a research report on Friday, August 14th. UBS Group boosted their price objective on Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Truist Financial reduced their target price on shares of Avery Dennison from $209.00 to $208.00 and set a “buy” rating for the company in a research note on Monday, October 12th. Finally, Weiss Ratings raised shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $199.10.

Avery Dennison Profile

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops and produces labeling, packaging, graphic, and functional materials. Its products are used by businesses across industries including consumer goods, retail, logistics, apparel, automotive, healthcare, and industrial manufacturing.

The company’s offerings include pressure-sensitive labels and label materials, adhesives, industrial and specialty tapes, graphic films, and packaging materials.