Accurate Wealth Management LLC Acquires New Shares in Avery Dennison Corporation $AVY

Accurate Wealth Management LLC bought a new position in Avery Dennison Corporation (NYSE:AVY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,817 shares of the industrial products company’s stock, valued at approximately $2,226,000.

Other institutional investors have also made changes to their positions in the company. Empowered Funds LLC boosted its stake 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 acquiring an additional 819 shares in the last quarter. Focus Partners Wealth boosted its position in Avery Dennison by 7.6% during the first quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock worth $697,000 after purchasing an additional 278 shares during the period. Intech Investment Management LLC acquired a new position in Avery Dennison during the first quarter valued at approximately $1,209,000. JPMorgan Chase & Co. raised its position in shares of Avery Dennison by 27.9% in the second quarter. JPMorgan Chase & Co. now owns 494,434 shares of the industrial products company’s stock valued at $86,762,000 after purchasing an additional 107,727 shares during the period. Finally, MAI Capital Management lifted its stake in shares of Avery Dennison by 25.8% in the second quarter. MAI Capital Management now owns 1,308 shares of the industrial products company’s stock worth $230,000 after buying an additional 268 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Avery Dennison news, Director Mitchell R. Butier sold 13,000 shares of Avery Dennison stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $171.50, for a total value of $2,229,500.00. Following the completion of the transaction, the director owned 198,147 shares in the company, valued at approximately $33,982,210.50. The trade was a 6.16% 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 J. Walker sold 1,156 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the sale, the senior vice president owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 34,156 shares of company stock worth $5,930,150 over the last ninety days. Insiders own 0.81% of the company’s stock.

Avery Dennison Stock Performance

Shares of NYSE:AVY opened at $167.70 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. The business’s fifty day moving average price is $184.06 and its two-hundred day moving average price is $176.88. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $199.54. The stock has a market capitalization of $12.90 billion, a price-to-earnings ratio of 19.10, a price-to-earnings-growth ratio of 3.01 and a beta of 0.97.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.05. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The company had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same period last year, the business earned $2.38 earnings per share. The business’s revenue was up 3.9% on a year-over-year basis. 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 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a $0.94 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a yield of 2.2%. Avery Dennison’s payout ratio is 42.82%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Truist Financial raised their price target on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Citigroup upped their price objective on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. BMO Capital Markets upped their price target on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. raised their price objective on Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $208.45.

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.