Avery Dennison Corporation $AVY Shares Sold by RWA Wealth Partners LLC

RWA Wealth Partners LLC cut its position in shares of Avery Dennison Corporation (NYSE:AVY) by 18.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,146 shares of the industrial products company’s stock after selling 256 shares during the quarter. RWA Wealth Partners LLC’s holdings in Avery Dennison were worth $204,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in AVY. GAMMA Investing LLC boosted its position in Avery Dennison by 19,370.0% during the 1st quarter. GAMMA Investing LLC now owns 428,730 shares of the industrial products company’s stock worth $76,301,000 after purchasing an additional 426,528 shares during the period. DAVENPORT & Co LLC grew its stake in shares of Avery Dennison by 905.0% in the first quarter. DAVENPORT & Co LLC now owns 324,095 shares of the industrial products company’s stock valued at $57,503,000 after buying an additional 291,848 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Avery Dennison by 2.9% in the first quarter. Vanguard Group Inc. now owns 9,959,263 shares of the industrial products company’s stock valued at $1,772,450,000 after buying an additional 277,554 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Avery Dennison in the first quarter valued at about $46,322,000. Finally, Ameriprise Financial Inc. grew its stake in shares of Avery Dennison by 12.9% in the fourth quarter. Ameriprise Financial Inc. now owns 2,185,732 shares of the industrial products company’s stock valued at $409,014,000 after buying an additional 250,359 shares in the last quarter. 94.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AVY has been the subject of a number of recent research reports. Bank of America increased their target price on Avery Dennison from $195.00 to $208.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. BMO Capital Markets reiterated an “outperform” rating and set a $207.00 price objective (down previously from $216.00) on shares of Avery Dennison in a research note on Wednesday, July 23rd. Robert W. Baird dropped their price objective on shares of Avery Dennison from $220.00 to $210.00 and set an “outperform” rating on the stock in a research note on Thursday, April 24th. Raymond James Financial lifted their price objective on shares of Avery Dennison from $194.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Avery Dennison from $172.00 to $182.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $197.60.

Avery Dennison Trading Up 0.1%

Shares of AVY opened at $175.4930 on Thursday. The stock has a 50-day moving average price of $176.38 and a 200 day moving average price of $177.11. The company has a market capitalization of $13.68 billion, a P/E ratio of 19.70, a P/E/G ratio of 2.70 and a beta of 0.88. Avery Dennison Corporation has a one year low of $157.00 and a one year high of $224.38. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.04.

Avery Dennison (NYSE:AVY) last released its earnings results on Tuesday, July 22nd. The industrial products company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.38 by $0.04. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.23 billion. Avery Dennison had a net margin of 8.14% and a return on equity of 33.14%. The company’s revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.42 EPS. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. Sell-side analysts forecast that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 3rd will be given a $0.94 dividend. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $3.76 annualized dividend and a dividend yield of 2.1%. Avery Dennison’s payout ratio is presently 42.20%.

About Avery Dennison

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.