Avery Dennison Corporation $AVY Stock Position Reduced by Trillium Asset Management LLC

Trillium Asset Management LLC lessened its position in shares of Avery Dennison Corporation (NYSE:AVY) by 34.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,907 shares of the industrial products company’s stock after selling 23,883 shares during the period. Trillium Asset Management LLC owned about 0.06% of Avery Dennison worth $8,540,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC raised its position in shares of Avery Dennison by 16,900.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 169 shares during the period. Root Financial Partners LLC raised its position in shares of Avery Dennison by 60.8% during the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 73 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in shares of Avery Dennison during the 3rd quarter worth approximately $36,000. Godfrey Financial Associates Inc. acquired a new stake in shares of Avery Dennison during the 4th quarter worth approximately $37,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Avery Dennison during the 2nd quarter worth approximately $37,000. Institutional investors own 94.17% of the company’s stock.

Avery Dennison Stock Up 0.3%

AVY opened at $159.23 on Friday. Avery Dennison Corporation has a 12 month low of $152.42 and a 12 month high of $199.54. 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 stock has a market cap of $12.18 billion, a P/E ratio of 17.95, a P/E/G ratio of 2.73 and a beta of 0.82. The stock’s 50 day moving average price is $163.18 and its 200 day moving average price is $175.46.

Avery Dennison (NYSE:AVY) last posted its earnings results 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 return on equity of 33.69% and a net margin of 7.66%.The firm had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same period last year, the firm earned $2.30 EPS. The firm’s revenue 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. As a group, research analysts predict that Avery Dennison Corporation will post 10.05 earnings per share for the current year.

Avery Dennison Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, June 3rd. This is an increase from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s dividend payout ratio is 45.10%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on AVY shares. Deutsche Bank Aktiengesellschaft started coverage on Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price target on the stock. 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 report on Friday, April 10th. Weiss Ratings cut Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday. Truist Financial reiterated a “buy” rating and set a $221.00 price target (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. Finally, Raymond James Financial set a $192.00 price target on Avery Dennison in a research report on Tuesday, April 21st. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.