Corient Private Wealth LLC Sells 47,135 Shares of Avery Dennison Corporation $AVY

Corient Private Wealth LLC lowered its position in Avery Dennison Corporation (NYSE:AVY) by 23.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 155,283 shares of the industrial products company’s stock after selling 47,135 shares during the period. Corient Private Wealth LLC’s holdings in Avery Dennison were worth $28,414,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Coldstream Capital Management Inc. boosted its stake in Avery Dennison by 2.6% in the fourth quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company’s stock valued at $393,000 after acquiring an additional 54 shares in the last quarter. Huntington National Bank lifted its holdings in shares of Avery Dennison by 3.2% during the 4th quarter. Huntington National Bank now owns 1,832 shares of the industrial products company’s stock valued at $333,000 after purchasing an additional 56 shares during the last quarter. Capital Investment Advisors LLC boosted its position in shares of Avery Dennison by 3.4% in the 4th quarter. Capital Investment Advisors LLC now owns 1,838 shares of the industrial products company’s stock worth $334,000 after purchasing an additional 61 shares in the last quarter. Resources Management Corp CT ADV boosted its position in shares of Avery Dennison by 0.8% in the 2nd quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock worth $1,369,000 after purchasing an additional 62 shares in the last quarter. Finally, Mather Group LLC. grew its stake in Avery Dennison by 3.6% during the 4th quarter. Mather Group LLC. now owns 1,860 shares of the industrial products company’s stock worth $338,000 after buying an additional 64 shares during the last quarter. Institutional investors own 94.17% of the company’s stock.

Avery Dennison Stock Performance

Shares of AVY stock opened at $157.55 on Tuesday. The firm has a market capitalization of $12.05 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 2.73 and a beta of 0.82. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.15 and a quick ratio of 0.80. The business has a fifty day moving average of $161.71 and a 200 day moving average of $174.97. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54.

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

Avery Dennison Increases Dividend

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

Wall Street Analyst Weigh In

AVY has been the topic of several recent analyst reports. Citigroup reduced their target price on Avery Dennison from $190.00 to $185.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. UBS Group dropped their price target on Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. JPMorgan Chase & Co. cut their price objective on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Argus set a $175.00 price objective on shares of Avery Dennison in a research report on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Avery Dennison in a research note on Wednesday, April 1st. They issued a “buy” rating and a $200.00 target price for the company. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $201.33.

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.