Avery Dennison Corporation $AVY Stock Holdings Lifted by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 32.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 68,647 shares of the industrial products company’s stock after buying an additional 17,003 shares during the period. HighTower Advisors LLC’s holdings in Avery Dennison were worth $11,145,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Coldstream Capital Management Inc. boosted its stake in Avery Dennison by 2.6% in the fourth quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company’s stock valued at $393,000 after acquiring an additional 54 shares during the period. Huntington National Bank grew its holdings in shares of Avery Dennison by 3.2% during the fourth 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. Resources Management Corp CT ADV raised its position in shares of Avery Dennison by 0.8% during the 2nd quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock worth $1,369,000 after purchasing an additional 62 shares during the period. Rothschild Investment LLC lifted its holdings in shares of Avery Dennison by 22.9% in the 4th quarter. Rothschild Investment LLC now owns 387 shares of the industrial products company’s stock worth $70,000 after purchasing an additional 72 shares during the last quarter. Finally, Root Financial Partners LLC boosted its position in Avery Dennison by 60.8% during the 4th 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 period. Institutional investors and hedge funds own 94.17% of the company’s stock.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio Walker sold 1,742 shares of the company’s stock in a transaction that occurred 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 owned 7,585 shares in the company, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.81% of the company’s stock.

Avery Dennison Trading Down 0.5%

Shares of NYSE:AVY opened at $169.92 on Thursday. 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 $12.88 billion, a price-to-earnings ratio of 18.61, a PEG ratio of 2.06 and a beta of 0.81. Avery Dennison Corporation has a 1-year low of $152.42 and a 1-year high of $199.54. The company has a 50 day moving average price of $170.67 and a 200 day moving average price of $168.66.

Avery Dennison (NYSE:AVY) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.42. The business 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%.Avery Dennison’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter last year, the company posted $2.42 EPS. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, research analysts anticipate that Avery Dennison Corporation will post 10.15 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Wednesday, September 2nd. Avery Dennison’s dividend payout ratio (DPR) is currently 43.81%.

Analyst Ratings Changes

Several brokerages have weighed in on AVY. Citigroup increased their target price on Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Truist Financial dropped their price objective on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their price objective on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Wall Street Zen raised shares of Avery Dennison from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, 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. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $201.22.

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.