Avery Dennison Corporation $AVY Shares Acquired by Dean Capital Management

Dean Capital Management lifted its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 15.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,247 shares of the industrial products company’s stock after buying an additional 1,268 shares during the period. Dean Capital Management’s holdings in Avery Dennison were worth $1,646,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in AVY. Bayforest Capital Ltd acquired a new position in shares of Avery Dennison during the first quarter worth approximately $27,000. SouthState Corp boosted its position in shares of Avery Dennison by 195.7% during the first quarter. SouthState Corp now owns 207 shares of the industrial products company’s stock worth $37,000 after buying an additional 137 shares during the period. Costello Asset Management INC acquired a new position in shares of Avery Dennison during the first quarter worth approximately $40,000. Transamerica Financial Advisors LLC boosted its position in shares of Avery Dennison by 800.0% during the first quarter. Transamerica Financial Advisors LLC now owns 234 shares of the industrial products company’s stock worth $42,000 after buying an additional 208 shares during the period. Finally, American National Bank & Trust acquired a new stake in Avery Dennison in the first quarter worth approximately $49,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Raymond James Financial upped their target price on Avery Dennison from $194.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Argus downgraded Avery Dennison from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 12th. JPMorgan Chase & Co. upped their target price on Avery Dennison from $172.00 to $182.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Bank of America upped their target price on Avery Dennison from $195.00 to $208.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Finally, Citigroup upped their target price on Avery Dennison from $177.00 to $185.00 and gave the stock a “neutral” rating in a research report on Friday, July 11th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $197.60.

Avery Dennison Price Performance

Shares of NYSE:AVY opened at $168.27 on Tuesday. Avery Dennison Corporation has a one year low of $157.00 and a one year high of $224.38. The stock has a fifty day moving average of $175.18 and a 200-day moving average of $176.05. The company has a market capitalization of $13.12 billion, a PE ratio of 18.89, a price-to-earnings-growth ratio of 2.59 and a beta of 0.90. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.04.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $2.42 EPS for the quarter, beating analysts’ consensus estimates of $2.38 by $0.04. Avery Dennison had a return on equity of 33.14% and a net margin of 8.14%.The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter in the prior year, the firm earned $2.42 EPS. The company’s quarterly revenue was down .7% compared to the same quarter last year. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. As a group, equities analysts anticipate that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 3rd will be given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, September 3rd. Avery Dennison’s dividend payout ratio is 42.20%.

Avery Dennison Profile

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.