10,839 Shares in Avery Dennison Corporation $AVY Purchased by EP Wealth Advisors LLC

EP Wealth Advisors LLC bought a new position in shares of Avery Dennison Corporation (NYSE:AVY - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,839 shares of the industrial products company's stock, valued at approximately $1,760,000.

Several other hedge funds have also made changes to their positions in the company. Trust Co. of Vermont acquired a new stake in shares of Avery Dennison during the 2nd quarter worth approximately $27,000. Elevation Wealth Partners LLC raised its position in shares of Avery Dennison by 684.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company's stock valued at $32,000 after buying an additional 171 shares during the period. Root Financial Partners LLC lifted its holdings in Avery Dennison by 60.8% in the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company's stock valued at $35,000 after acquiring an additional 73 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in Avery Dennison in the third quarter valued at approximately $36,000. Finally, Godfrey Financial Associates Inc. purchased a new position in Avery Dennison in the fourth quarter worth approximately $37,000. Hedge funds and other institutional investors own 94.17% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Weiss Ratings raised Avery Dennison from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. Argus set a $175.00 price target on Avery Dennison in a research note on Thursday, June 4th. UBS Group increased their price target on Avery Dennison from $218.00 to $225.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Truist Financial cut their price objective on Avery Dennison from $221.00 to $209.00 and set a "buy" rating for the company in a research report on Wednesday, July 15th. Finally, Wall Street Zen upgraded shares of Avery Dennison from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $201.22.

Insider Transactions at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,742 shares of the firm's stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total transaction of $298,944.62. Following the completion of the transaction, the senior vice president directly owned 7,585 shares in the company, valued at $1,301,661.85. This trade represents a 18.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.81% of the company's stock.

Avery Dennison Stock Up 0.6%

Avery Dennison stock opened at $183.79 on Friday. The company has a market capitalization of $13.93 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 3.01 and a beta of 0.81. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.79 and a current ratio of 1.13. Avery Dennison Corporation has a fifty-two week low of $152.42 and a fifty-two week high of $199.54. The firm has a 50 day moving average price of $166.80 and a 200 day moving average price of $170.32.

Avery Dennison (NYSE:AVY - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, topping analysts' consensus estimates of $2.47 by $0.42. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The company had revenue of $2.46 billion for the quarter, compared to analysts' expectations of $2.30 billion. During the same period in the prior year, the firm earned $2.42 earnings per share. The firm's revenue was up 10.9% compared to the same quarter last year. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. Research analysts expect that Avery Dennison Corporation will post 10.15 earnings per share for the current year.

Avery Dennison Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a yield of 2.2%. Avery Dennison's dividend payout ratio is presently 43.81%.

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.

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