Eurizon Capital SGR S.p.A. Invests $4.32 Million in Avery Dennison Corporation $AVY

Eurizon Capital SGR S.p.A. acquired a new position in Avery Dennison Corporation (NYSE:AVY) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 23,721 shares of the industrial products company’s stock, valued at approximately $4,319,000.

Other institutional investors have also recently made changes to their positions in the company. Bartlett & CO. Wealth Management LLC raised its stake in shares of Avery Dennison by 16,900.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after buying an additional 169 shares during the period. Godfrey Financial Associates Inc. purchased a new stake in shares of Avery Dennison during the fourth quarter worth about $37,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Avery Dennison during the second quarter worth about $37,000. Sound Income Strategies LLC grew its position in shares of Avery Dennison by 51.1% during the fourth quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 72 shares in the last quarter. Finally, True Wealth Design LLC grew its position in shares of Avery Dennison by 285.7% during the fourth quarter. True Wealth Design LLC now owns 216 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 160 shares in the last quarter. Institutional investors own 94.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. BMO Capital Markets increased their target price on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research report on Friday, March 27th. UBS Group cut their target price on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft assumed coverage on Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 target price for the company. Finally, Truist Financial reiterated a “buy” rating and set a $221.00 target price (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Avery Dennison presently has a consensus rating of “Moderate Buy” and a consensus price target of $204.11.

Avery Dennison Stock Performance

NYSE AVY opened at $155.55 on Tuesday. The stock has a market capitalization of $11.90 billion, a PE ratio of 17.54, a P/E/G ratio of 2.74 and a beta of 0.84. The business has a 50 day simple moving average of $165.27 and a two-hundred day simple moving average of $176.40. 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 $152.68 and a 1-year high of $199.54.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $0.06. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same period last year, the company posted $2.30 EPS. The business’s revenue was up 7.0% on a year-over-year basis. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, research analysts predict that Avery Dennison Corporation will post 10.05 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd will be given a dividend of $1.00 per share. The ex-dividend date is Wednesday, June 3rd. This represents a $4.00 annualized dividend and a dividend yield of 2.6%. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s dividend payout ratio is currently 45.10%.

Insider Activity

In other news, Director Mitchell R. Butier sold 13,000 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the sale, the director directly owned 198,147 shares in the company, valued at approximately $33,982,210.50. This represents a 6.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate 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.