Equitable Trust Co. Invests $903,000 in Avery Dennison Corporation $AVY

Equitable Trust Co. purchased a new stake in Avery Dennison Corporation (NYSE:AVY) during the third quarter, HoldingsChannel.com reports. The firm purchased 5,569 shares of the industrial products company’s stock, valued at approximately $903,000.

Several other large investors have also recently bought and sold shares of AVY. Empowered Funds LLC boosted its position in shares of Avery Dennison by 6.4% during the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock worth $2,409,000 after purchasing an additional 819 shares in the last quarter. Focus Partners Wealth lifted its stake in shares of Avery Dennison by 7.6% in the first quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock valued at $697,000 after purchasing an additional 278 shares during the period. Intech Investment Management LLC purchased a new stake in Avery Dennison during the first quarter worth about $1,209,000. D.A. Davidson & CO. grew its position in Avery Dennison by 6.5% during the second quarter. D.A. Davidson & CO. now owns 6,228 shares of the industrial products company’s stock worth $1,093,000 after buying an additional 379 shares during the period. Finally, Ethic Inc. increased its holdings in Avery Dennison by 19.9% in the second quarter. Ethic Inc. now owns 6,668 shares of the industrial products company’s stock valued at $1,171,000 after buying an additional 1,108 shares in the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on AVY. Truist Financial boosted their price target on Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Citigroup lifted their price objective on Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Argus set a $200.00 target price on Avery Dennison in a report on Tuesday, October 28th. JPMorgan Chase & Co. lifted their price target on Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Finally, BMO Capital Markets boosted their price objective on shares of Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $208.45.

Avery Dennison Stock Performance

NYSE AVY opened at $196.39 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 1.43. The stock has a market cap of $15.18 billion, a price-to-earnings ratio of 22.37, a price-to-earnings-growth ratio of 3.52 and a beta of 1.00. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $197.54. The business has a fifty day moving average of $187.21 and a 200-day moving average of $176.20.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. The firm had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, analysts predict that Avery Dennison Corporation will post 9.96 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.94 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $3.76 annualized dividend and a dividend yield of 1.9%. Avery Dennison’s dividend payout ratio is presently 42.82%.

Insider Transactions at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the sale, the senior vice president owned 7,588 shares in the company, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.84% of the company’s stock.

About Avery Dennison

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.