Expect Equity LLC Invests $2.05 Million in Avery Dennison Corporation $AVY

Key Points

• Expect Equity LLC initiated a $2.05 million stake in Avery Dennison during the second quarter by purchasing 12,650 shares. Institutional investors collectively own 94.17% of the company.
• Avery Dennison reported stronger-than-expected quarterly results, with EPS of $2.89 and revenue of $2.46 billion, representing 10.9% year-over-year revenue growth. The company issued third-quarter EPS guidance of $10.00–$10.30 for fiscal 2026.
• The company declared a quarterly dividend of $1.00 per share, equivalent to a 2.2% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $201.22.

Expect Equity LLC bought a new stake in Avery Dennison Corporation (NYSE:AVY - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,650 shares of the industrial products company's stock, valued at approximately $2,054,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AVY. Trust Co. of Vermont bought a new position in shares of Avery Dennison during the 2nd quarter worth about $27,000. Root Financial Partners LLC increased its stake 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 period. Elevation Wealth Partners LLC raised its position in Avery Dennison by 684.0% in the second quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company's stock worth $32,000 after purchasing an additional 171 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in Avery Dennison during the fourth quarter worth about $37,000. Finally, CYBER HORNET ETFs LLC bought a new position in Avery Dennison during the second quarter worth about $37,000. 94.17% of the stock is owned by institutional investors.

Insider Activity at Avery Dennison

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

Avery Dennison Stock Performance

NYSE:AVY opened at $180.12 on Wednesday. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54. The firm has a 50 day moving average of $167.64 and a 200-day moving average of $170.09. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $13.65 billion, a P/E ratio of 19.73, a price-to-earnings-growth ratio of 2.34 and a beta of 0.81.

Avery Dennison (NYSE:AVY - Get Free Report) last announced its earnings results on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, topping the consensus estimate of $2.47 by $0.42. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The business had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same period in the previous year, the business earned $2.42 EPS. Avery Dennison'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. As a group, sell-side analysts anticipate that Avery Dennison Corporation will post 10.15 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be paid a $1.00 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. Avery Dennison's payout ratio is currently 43.81%.

Wall Street Analysts Forecast Growth

AVY has been the topic of several analyst reports. Truist Financial lowered their price objective on Avery Dennison from $221.00 to $209.00 and set a "buy" rating on the stock in a research note on Wednesday, July 15th. Citigroup raised their target price on 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 reiterated a "buy" rating on shares of Avery Dennison in a research report on Friday, August 14th. JPMorgan Chase & Co. increased their price objective on Avery Dennison from $185.00 to $190.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Finally, Wall Street Zen raised Avery Dennison from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $201.22.

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.

Want to see what other hedge funds are holding AVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avery Dennison Corporation (NYSE:AVY - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source