Brandywine Global Investment Management LLC Increases Stake in Avery Dennison Corporation $AVY

Brandywine Global Investment Management LLC boosted its stake in shares of Avery Dennison Corporation (NYSE:AVY) by 352.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 77,257 shares of the industrial products company’s stock after acquiring an additional 60,192 shares during the quarter. Brandywine Global Investment Management LLC’s holdings in Avery Dennison were worth $14,052,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bartlett & CO. Wealth Management LLC increased its position in shares of Avery Dennison by 16,900.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after buying an additional 169 shares in the last quarter. Root Financial Partners LLC increased its holdings in shares of 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 purchasing an additional 73 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new position in Avery Dennison in the fourth quarter worth approximately $37,000. CYBER HORNET ETFs LLC purchased a new position in Avery Dennison in the second quarter worth approximately $37,000. Finally, Sound Income Strategies LLC grew its position in Avery Dennison by 51.1% in the fourth quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 72 shares during the period. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Avery Dennison news, Director Mitchell R. Butier sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the completion of the transaction, the director directly owned 211,147 shares in the company, valued at approximately $36,714,240.36. This trade represents a 8.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on AVY shares. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a research note on Friday, March 27th. JPMorgan Chase & Co. lowered their target price on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Argus set a $175.00 target price on shares of Avery Dennison in a research note on Thursday. Deutsche Bank Aktiengesellschaft began coverage on shares of Avery Dennison in a research report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price target for the company. Finally, UBS Group reduced their price target on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Avery Dennison presently has an average rating of “Moderate Buy” and a consensus target price of $201.33.

Avery Dennison Stock Down 1.4%

Shares of NYSE AVY opened at $152.94 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 1.38. Avery Dennison Corporation has a 52 week low of $152.42 and a 52 week high of $199.54. The firm has a 50-day moving average price of $164.14 and a 200 day moving average price of $175.78. The stock has a market capitalization of $11.70 billion, a price-to-earnings ratio of 17.24, a price-to-earnings-growth ratio of 2.67 and a beta of 0.82.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.41 by $0.06. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the business earned $2.30 earnings per share. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Equities research analysts anticipate that Avery Dennison Corporation will post 10.05 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be issued a dividend of $1.00 per share. This is an increase from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date is Wednesday, June 3rd. This represents a $4.00 annualized dividend and a yield of 2.6%. Avery Dennison’s payout ratio is 45.10%.

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.