United Services Automobile Association Invests $309,000 in Avery Dennison Corporation $AVY

Key Points

• United Services Automobile Association acquired 1,758 shares of Avery Dennison Corporation, valued at approximately $309,000, as revealed in their latest SEC filing.
• In the first quarter, significant investments in Avery Dennison were made by various institutional investors, with hedge funds owning 94.17% of the company's stock.
• Avery Dennison has recently upgraded its earnings per share (EPS) guidance for Q3 2025 to between 2.240-2.40, with their most recent quarterly EPS reported at $2.42, surpassing estimates.

United Services Automobile Association purchased a new stake in Avery Dennison Corporation (NYSE:AVY - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,758 shares of the industrial products company's stock, valued at approximately $309,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Grove Bank & Trust increased its stake in Avery Dennison by 17.7% during the first quarter. Grove Bank & Trust now owns 393 shares of the industrial products company's stock valued at $70,000 after purchasing an additional 59 shares during the last quarter. Forum Financial Management LP increased its stake in Avery Dennison by 5.6% during the first quarter. Forum Financial Management LP now owns 1,384 shares of the industrial products company's stock valued at $246,000 after purchasing an additional 73 shares during the last quarter. Brown Advisory Inc. increased its stake in Avery Dennison by 3.6% during the first quarter. Brown Advisory Inc. now owns 2,169 shares of the industrial products company's stock valued at $386,000 after purchasing an additional 76 shares during the last quarter. Figure 8 Investment Strategies LLC increased its stake in Avery Dennison by 1.1% during the first quarter. Figure 8 Investment Strategies LLC now owns 7,889 shares of the industrial products company's stock valued at $1,404,000 after purchasing an additional 83 shares during the last quarter. Finally, Amalgamated Bank increased its stake in Avery Dennison by 0.5% during the first quarter. Amalgamated Bank now owns 16,076 shares of the industrial products company's stock valued at $2,861,000 after purchasing an additional 83 shares during the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Avery Dennison Price Performance

AVY traded up $0.16 on Thursday, reaching $165.10. The company had a trading volume of 970,480 shares, compared to its average volume of 553,458. The company has a fifty day moving average of $172.48 and a 200-day moving average of $175.08. The company has a market capitalization of $12.87 billion, a P/E ratio of 18.53, a PEG ratio of 2.54 and a beta of 0.90. The company has a current ratio of 1.04, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. Avery Dennison Corporation has a one year low of $157.00 and a one year high of $224.38.

Avery Dennison (NYSE:AVY - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.38 by $0.04. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.23 billion. Avery Dennison had a net margin of 8.14% and a return on equity of 33.14%. Avery Dennison's revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.42 EPS. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. As a group, equities research analysts anticipate that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd were given a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Wednesday, September 3rd. Avery Dennison's dividend payout ratio is currently 42.20%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Wall Street Zen upgraded shares of Avery Dennison from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. upped their price target on shares of Avery Dennison from $172.00 to $182.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Bank of America upped their price target on shares of Avery Dennison from $195.00 to $208.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Citigroup upped their price target on shares of Avery Dennison from $177.00 to $185.00 and gave the stock a "neutral" rating in a research report on Friday, July 11th. Finally, BMO Capital Markets restated an "outperform" rating and set a $207.00 price target (down previously from $216.00) on shares of Avery Dennison in a research report on Wednesday, July 23rd. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $197.60.

Avery Dennison Profile

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.