William Blair Investment Management LLC Takes Position in Avery Dennison Corporation $AVY

William Blair Investment Management LLC bought a new stake in shares of Avery Dennison Corporation (NYSE:AVY) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 109,164 shares of the industrial products company’s stock, valued at approximately $17,723,000.

Several other hedge funds have also added to or reduced their stakes in AVY. Trust Co. of Vermont bought a new position in shares of Avery Dennison during the second quarter valued at about $27,000. Elevation Wealth Partners LLC lifted its stake 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 lifted its stake in shares of Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 73 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Avery Dennison during the 3rd quarter valued at about $36,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Avery Dennison during the 4th quarter valued at about $37,000. 94.17% of the stock is owned by institutional investors.

Avery Dennison Price Performance

AVY opened at $183.79 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.79 and a current ratio of 1.13. The stock has a market capitalization of $13.93 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 3.01 and a beta of 0.81. The stock’s 50 day moving average price is $166.80 and its 200-day moving average price is $170.32. Avery Dennison Corporation has a 52-week low of $152.42 and a 52-week high of $199.54.

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

Avery Dennison Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be given a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, September 2nd. Avery Dennison’s dividend payout ratio (DPR) is currently 43.81%.

Analyst Upgrades and Downgrades

AVY has been the topic of a number of analyst reports. UBS Group lifted their price target on Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Argus set a $175.00 price objective on Avery Dennison in a research note on Thursday, June 4th. Bank of America reaffirmed a “buy” rating on shares of Avery Dennison in a research note on Friday, August 14th. Weiss Ratings upgraded shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, Wall Street Zen raised shares of Avery Dennison from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $201.22.

Insider Buying and Selling at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,742 shares of Avery Dennison stock in a transaction dated Tuesday, August 4th. The shares were 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 approximately $1,301,661.85. The trade was a 18.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.81% of the company’s stock.

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.