Ardsley Advisory Partners LP Takes Position in Avery Dennison Corporation $AVY

Ardsley Advisory Partners LP acquired a new stake in Avery Dennison Corporation (NYSE:AVY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 21,000 shares of the industrial products company’s stock, valued at approximately $3,819,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Guggenheim Capital LLC lifted its stake in Avery Dennison by 1.7% in the fourth quarter. Guggenheim Capital LLC now owns 29,321 shares of the industrial products company’s stock worth $5,333,000 after acquiring an additional 488 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its stake in Avery Dennison by 511.1% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 36,103 shares of the industrial products company’s stock worth $6,566,000 after acquiring an additional 30,195 shares during the last quarter. AQR Capital Management LLC lifted its stake in Avery Dennison by 159.2% in the fourth quarter. AQR Capital Management LLC now owns 542,152 shares of the industrial products company’s stock worth $98,607,000 after acquiring an additional 333,013 shares during the last quarter. BCV Asset Management Inc. purchased a new position in Avery Dennison in the fourth quarter worth approximately $31,966,000. Finally, Laird Norton Wetherby Trust Company LLC purchased a new position in Avery Dennison in the fourth quarter worth approximately $667,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Argus set a $175.00 price objective on shares of Avery Dennison in a research report on Thursday, June 4th. Raymond James Financial set a $192.00 price objective on shares of Avery Dennison in a research report on Tuesday, April 21st. Citigroup reduced their price objective on shares of Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft began coverage on shares of Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price objective for the company. Finally, Weiss Ratings cut shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Avery Dennison has a consensus rating of “Moderate Buy” and an average target price of $201.33.

Avery Dennison Stock Performance

Shares of AVY opened at $159.37 on Thursday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15. The stock has a market capitalization of $12.19 billion, a P/E ratio of 17.97, a P/E/G ratio of 2.78 and a beta of 0.82. The company’s fifty day moving average is $162.55 and its two-hundred day moving average is $175.27. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54.

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

Avery Dennison Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were given a $1.00 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s payout ratio is presently 45.10%.

Avery Dennison Company 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.