Avery Dennison (NYSE:AVY) Director Sells $3,477,600.00 in Stock

Key Points

• Director Mitchell Butier sold 20,000 shares on March 11 at an average price of $173.88 for a total of $3,477,600, reducing his stake to 211,147 shares (an 8.65% decrease).
• Avery Dennison reported $2.45 EPS for the quarter (slightly above estimates), set Q1 2026 guidance of 2.400–2.46 EPS, and announced a $0.94 quarterly dividend (annualized $3.76, ~2.2% yield).
• Wall Street is generally positive (nine Buys vs three Holds, consensus target ~$208.45), but recent insider selling and institutional rebalancing have added near-term selling pressure and potential volatility.

Avery Dennison Corporation (NYSE:AVY - Get Free Report) Director Mitchell Butier sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the completion of the transaction, the director directly owned 211,147 shares of the company's stock, valued at $36,714,240.36. The trade was a 8.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Avery Dennison Stock Performance

NYSE:AVY traded down $0.29 during midday trading on Friday, hitting $170.72. The company's stock had a trading volume of 752,608 shares, compared to its average volume of 569,236. The firm has a market cap of $13.13 billion, a P/E ratio of 19.44, a P/E/G ratio of 3.05 and a beta of 0.97. The firm's 50 day moving average is $187.85 and its 200-day moving average is $177.09. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $199.54.

Avery Dennison (NYSE:AVY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.40 by $0.05. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the previous year, the firm earned $2.38 EPS. The firm's revenue was up 3.9% compared to the same quarter last year. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Equities analysts anticipate that Avery Dennison Corporation will post 9.96 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a $0.94 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a yield of 2.2%. Avery Dennison's dividend payout ratio is presently 42.82%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AVY shares. UBS Group lifted their price target on shares of Avery Dennison from $218.00 to $226.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. raised their target price on shares of Avery Dennison from $195.00 to $205.00 and gave the stock an "overweight" rating in a research report on Monday, February 9th. Truist Financial lifted their target price on Avery Dennison from $213.00 to $234.00 and gave the company a "buy" rating in a research note on Tuesday, January 6th. Citigroup increased their target price on Avery Dennison from $188.00 to $201.00 and gave the stock a "neutral" rating in a research note on Friday, February 6th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Avery Dennison in a report on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $208.45.

Hedge Funds Weigh In On Avery Dennison

Several hedge funds and other institutional investors have recently modified their holdings of the company. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Avery Dennison in the third quarter worth $29,000. Vermillion & White Wealth Management Group LLC raised its position in Avery Dennison by 89.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 80 shares during the period. Bartlett & CO. Wealth Management LLC lifted its stake in shares of Avery Dennison by 16,900.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company's stock worth $31,000 after purchasing an additional 169 shares in the last quarter. Root Financial Partners LLC raised its holdings in shares of 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 period. Finally, Measured Wealth Private Client Group LLC purchased a new position in Avery Dennison in the 3rd quarter worth approximately $36,000. 94.17% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Avery Dennison

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Sell-side support remains: multiple analysts maintain buy/overweight ratings and above-current price targets (median ~$214.5), which provides upside thesis and can limit downside pressure. Quiver Quant — CEO Pay & Analyst Notes
• Neutral Sentiment: Media coverage and analyst commentary framed Avery Dennison as a consumer-cyclical name alongside peers, offering context but no single catalyst. The Globe and Mail — Analyst Insights
• Neutral Sentiment: Proxy/compensation filing shows CEO Deon Stander’s estimated 2025 pay (~$9.54M), modestly down year-over-year — unlikely to materially move the stock by itself. Quiver Quant — CEO Pay & Insider Activity
• Negative Sentiment: Director Mitchell R. Butier sold sizable blocks (20,000 shares on Mar 11 at ~$173.88 and 13,000 shares on Mar 12 at ~$171.50). Continued insider selling can signal liquidity-taking and weighs on sentiment. SEC Form 4 — Insider Sales
• Negative Sentiment: Zacks trimmed near-term and medium-term EPS estimates modestly (small cuts to Q4 2026/Q1 2027/Q4 2027 and FY2026–27 forecasts). Even small downgrades can pressure shares in the absence of stronger operational beats.
• Negative Sentiment: Institutional rebalancing noted in data (large quarterly reductions by several big managers per Quiver), which can increase selling pressure and volatility short-term. Quiver Quant — Institutional Moves

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.

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