Corient Private Wealth LLC Has $36.22 Million Stock Holdings in Avery Dennison Corporation $AVY

Corient Private Wealth LLC lowered its stake in Avery Dennison Corporation (NYSE:AVY) by 3.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,398 shares of the industrial products company’s stock after selling 7,739 shares during the period. Corient Private Wealth LLC’s holdings in Avery Dennison were worth $36,217,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bayforest Capital Ltd bought a new position in shares of Avery Dennison in the 1st quarter valued at $27,000. 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 last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Avery Dennison by 193.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 170 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 112 shares in the last quarter. NewSquare Capital LLC grew its holdings in shares of Avery Dennison by 156.2% during the second quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 114 shares during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Avery Dennison in the second quarter valued at approximately $35,000. Institutional investors own 94.17% of the company’s stock.

Analysts Set New Price Targets

AVY has been the topic of several recent research reports. Citigroup cut their target price on shares of Avery Dennison from $191.00 to $177.00 and set a “neutral” rating on the stock in a research report on Monday, September 29th. JPMorgan Chase & Co. raised shares of Avery Dennison from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $182.00 to $195.00 in a research note on Thursday, October 23rd. Truist Financial decreased their price objective on Avery Dennison from $204.00 to $203.00 and set a “buy” rating for the company in a report on Monday, October 13th. Argus set a $200.00 target price on Avery Dennison in a report on Tuesday, October 28th. Finally, UBS Group raised Avery Dennison from a “neutral” rating to a “buy” rating and increased their price target for the company from $181.00 to $218.00 in a research note on Thursday, October 23rd. Nine 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, Avery Dennison presently has a consensus rating of “Moderate Buy” and an average target price of $200.55.

Avery Dennison Price Performance

AVY stock opened at $182.92 on Wednesday. The company has a quick ratio of 0.89, a current ratio of 1.26 and a debt-to-equity ratio of 1.45. The firm has a market cap of $14.14 billion, a price-to-earnings ratio of 20.81, a PEG ratio of 2.49 and a beta of 1.01. The company’s fifty day simple moving average is $172.11 and its 200 day simple moving average is $172.66. Avery Dennison Corporation has a 12-month low of $156.23 and a 12-month high of $196.40.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.05. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.22 billion. Avery Dennison had a return on equity of 33.67% and a net margin of 7.93%.The business’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the company posted $2.33 EPS. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. On average, analysts expect that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be paid a $0.94 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $3.76 annualized dividend and a yield of 2.1%. Avery Dennison’s payout ratio is 42.78%.

Avery Dennison Company 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.