Entropy Technologies LP Takes Position in Avery Dennison Corporation $AVY

Entropy Technologies LP acquired a new position in shares of Avery Dennison Corporation (NYSE:AVY) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 21,863 shares of the industrial products company’s stock, valued at approximately $3,775,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Avery Dennison by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 10,448,799 shares of the industrial products company’s stock valued at $1,900,428,000 after acquiring an additional 69,662 shares during the period. Wellington Management Group LLP increased its position in Avery Dennison by 12.5% during the 3rd quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock valued at $942,039,000 after purchasing an additional 644,664 shares during the period. Morgan Stanley increased its position in Avery Dennison by 20.1% during the 4th quarter. Morgan Stanley now owns 3,869,889 shares of the industrial products company’s stock valued at $703,856,000 after purchasing an additional 647,795 shares during the period. State Street Corp raised its holdings in Avery Dennison by 0.9% during the 4th quarter. State Street Corp now owns 3,701,598 shares of the industrial products company’s stock worth $673,247,000 after purchasing an additional 34,124 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Avery Dennison by 4.9% during the third quarter. Invesco Ltd. now owns 1,659,862 shares of the industrial products company’s stock worth $269,180,000 after buying an additional 77,272 shares during the last quarter. 94.17% of the stock is owned by institutional investors.

Avery Dennison Stock Performance

NYSE AVY opened at $161.11 on Friday. The company’s 50 day simple moving average is $159.54 and its two-hundred day simple moving average is $171.74. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.15 and a quick ratio of 0.80. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54. The stock has a market capitalization of $12.32 billion, a PE ratio of 18.16, a P/E/G ratio of 2.86 and a beta of 0.82.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.41 by $0.06. The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.26 billion. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Analysts predict that Avery Dennison Corporation will post 10 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be issued a $1.00 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. Avery Dennison’s payout ratio is currently 45.10%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Bank of America boosted their target price on shares of Avery Dennison from $202.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. UBS Group cut their target price on Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Truist Financial cut their price target 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. cut their price objective on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Finally, Citigroup decreased their price objective on shares of Avery Dennison from $185.00 to $184.00 and set a “neutral” rating for the company in a report on Thursday, July 9th. Seven research 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, the company currently has an average rating of “Moderate Buy” and a consensus target price of $200.11.

Avery Dennison Company 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.