Avery Dennison Corporation $AVY Holdings Trimmed by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners LLC cut its Avery Dennison stake by 99.5% in the third quarter, selling 613,607 shares and retaining 2,854 shares valued at approximately $487,000. Institutional investors collectively own 94.17% of the company.
• Analysts maintain a generally positive outlook, with seven Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $199.10 versus the stock’s reported price of $175.47.
• Avery Dennison exceeded quarterly expectations with $2.89 in EPS and $2.46 billion in revenue, while revenue increased 10.9% year over year. The company also pays a $4.00 annualized dividend, yielding about 2.3%.

Curated Wealth Partners LLC reduced its holdings in Avery Dennison Corporation (NYSE:AVY - Free Report) by 99.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,854 shares of the industrial products company's stock after selling 613,607 shares during the quarter. Curated Wealth Partners LLC's holdings in Avery Dennison were worth $487,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Empirical Finance LLC raised its stake in Avery Dennison by 3.2% during the 2nd quarter. Empirical Finance LLC now owns 2,935 shares of the industrial products company's stock worth $476,000 after buying an additional 90 shares during the period. Lido Advisors LLC grew its stake in shares of Avery Dennison by 6.7% in the first quarter. Lido Advisors LLC now owns 1,466 shares of the industrial products company's stock valued at $253,000 after buying an additional 92 shares in the last quarter. Eastern Bank lifted its holdings in Avery Dennison by 10.0% during the 2nd quarter. Eastern Bank now owns 1,045 shares of the industrial products company's stock valued at $170,000 after purchasing an additional 95 shares during the last quarter. Elevation Wealth Partners LLC grew its position in shares of Avery Dennison by 54.6% in the third quarter. Elevation Wealth Partners LLC now owns 303 shares of the industrial products company's stock valued at $52,000 after purchasing an additional 107 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its stake in Avery Dennison by 7.5% in the 1st quarter. Apollon Wealth Management LLC now owns 1,741 shares of the industrial products company's stock worth $301,000 after purchasing an additional 121 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on AVY. Wall Street Zen raised shares of Avery Dennison from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. JPMorgan Chase & Co. raised their price target on shares of Avery Dennison from $185.00 to $190.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Citigroup lifted their target price on shares of Avery Dennison from $184.00 to $186.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. Bank of America reaffirmed a "buy" rating on shares of Avery Dennison in a report on Friday, August 14th. Finally, Jefferies Financial Group restated a "hold" rating and issued a $181.00 target price on shares of Avery Dennison in a research note on Monday, September 28th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $199.10.

Avery Dennison Price Performance

Shares of NYSE:AVY opened at $175.47 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37. The company's fifty day moving average is $173.89 and its 200 day moving average is $167.18. The stock has a market cap of $13.30 billion, a PE ratio of 19.22, a PEG ratio of 2.11 and a beta of 0.79. Avery Dennison Corporation has a 52 week low of $152.42 and a 52 week high of $199.54.

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

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, September 2nd. Avery Dennison's dividend payout ratio (DPR) is 43.81%.

Insider Transactions at Avery Dennison

In related news, SVP Nicholas Colisto sold 3,886 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $170.68, for a total transaction of $663,262.48. Following the sale, the senior vice president directly owned 7,126 shares of the company's stock, valued at approximately $1,216,265.68. This represents a 35.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Ignacio Walker sold 1,742 shares of the firm's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the sale, the senior vice president directly owned 7,585 shares of the company's stock, valued at $1,301,661.85. This trade represents a 18.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.81% of the company's stock.

About Avery Dennison

Avery Dennison Corporation NYSE: AVY is a global materials science and manufacturing company that develops pressure-sensitive adhesives, functional materials and intelligent labeling solutions. Its products help identify, brand, decorate, track and protect products across a range of industries.

The company serves the apparel, retail, consumer goods, logistics, food, healthcare, automotive and industrial markets. Its offerings include label and graphic materials, self-adhesive tapes, specialty films, RFID inlays and tags, apparel labels, retail branding systems, packaging solutions and healthcare-related materials.

Avery Dennison was founded in 1935 by R.

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