Capitolis Liquid Global Markets LLC Buys Shares of 147,000 Avery Dennison Corporation $AVY

Capitolis Liquid Global Markets LLC bought a new stake in shares of Avery Dennison Corporation (NYSE:AVY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 147,000 shares of the industrial products company’s stock, valued at approximately $26,736,000. Capitolis Liquid Global Markets LLC owned about 0.19% of Avery Dennison at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in AVY. Bartlett & CO. Wealth Management LLC raised its stake in Avery Dennison by 16,900.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after buying an additional 169 shares during the last quarter. Root Financial Partners LLC raised its stake 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 buying 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 $36,000. CYBER HORNET ETFs LLC purchased a new stake in Avery Dennison during the 2nd quarter valued at $37,000. Finally, Godfrey Financial Associates Inc. bought a new stake in shares of Avery Dennison during the 4th quarter valued at $37,000. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AVY. Deutsche Bank Aktiengesellschaft began coverage on shares of Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price objective for the company. Argus set a $175.00 price objective on shares of Avery Dennison in a research report on Thursday, June 4th. Truist Financial reissued a “buy” rating and set a $221.00 price objective (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. Weiss Ratings downgraded shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Finally, Citigroup cut their price objective on shares of Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $201.33.

Avery Dennison Trading Down 1.6%

Shares of Avery Dennison stock opened at $159.37 on Thursday. The company has a market capitalization of $12.19 billion, a P/E ratio of 17.97, a P/E/G ratio of 2.78 and a beta of 0.82. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15. The company has a fifty day moving average of $162.55 and a 200 day moving average of $175.27. Avery Dennison Corporation has a fifty-two week low of $152.42 and a fifty-two week high of $199.54.

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

Avery Dennison Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were issued a dividend of $1.00 per share. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. Avery Dennison’s payout ratio is currently 45.10%.

About Avery Dennison

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.