HBK Sorce Advisory LLC Buys New Shares in Avery Dennison Corporation $AVY

HBK Sorce Advisory LLC purchased a new stake in shares of Avery Dennison Corporation (NYSE:AVY) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 10,109 shares of the industrial products company’s stock, valued at approximately $1,775,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVY. Elevation Wealth Partners LLC increased its stake in shares of Avery Dennison by 684.0% in the second quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 171 shares in the last quarter. Root Financial Partners LLC lifted its stake 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 valued at $35,000 after buying an additional 73 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in Avery Dennison in the 3rd quarter worth $36,000. Godfrey Financial Associates Inc. bought a new position in Avery Dennison in the 4th quarter worth $37,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Avery Dennison in the 2nd quarter worth $37,000. Institutional investors own 94.17% of the company’s stock.

Key Avery Dennison News

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Analysts maintain a constructive view of Avery Dennison, with the shares receiving a consensus “Moderate Buy” rating. Avery Dennison Corporation Given Consensus Rating of Moderate Buy by Analysts
• Positive Sentiment: Zacks identified three growth attributes that could support exceptional returns for AVY, reinforcing the investment case following the company’s latest earnings beat, revenue growth and upbeat longer-term outlook. Is Avery Dennison a Solid Growth Stock?
• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $10.17 from $10.03, FY2027 to $11.06 from $10.92, and FY2028 to $11.95 from $11.88. It also increased estimates for Q1 2027, Q2 2027 and Q2 2028, suggesting stronger longer-term earnings potential.
• Neutral Sentiment: Recent options-market activity has attracted attention and may indicate increased positioning or volatility in AVY, but the available report does not establish a clear bullish or bearish direction. Is the Options Market Predicting a Spike in Avery Dennison Stock?
• Negative Sentiment: Near-term earnings expectations were reduced: Q3 2026 EPS was cut to $2.31 from $2.52, while Q4 2026 EPS fell to $2.50 from $2.56. Estimates for Q3 2027 and Q4 2027 were also trimmed, potentially pressuring sentiment despite the higher full-year forecasts.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of Avery Dennison stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total value of $298,944.62. Following the sale, the senior vice president owned 7,585 shares of the company’s stock, valued at $1,301,661.85. The trade was a 18.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.81% of the stock is owned by corporate insiders.

Avery Dennison Stock Down 0.1%

Shares of AVY stock opened at $178.66 on Monday. The stock has a market cap of $13.54 billion, a P/E ratio of 19.57, a PEG ratio of 2.93 and a beta of 0.81. Avery Dennison Corporation has a 52 week low of $152.42 and a 52 week high of $199.54. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37. The company’s fifty day simple moving average is $164.46 and its two-hundred day simple moving average is $170.38.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The firm had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.30 billion. During the same quarter last year, the business posted $2.42 earnings per share. The business’s quarterly revenue was up 10.9% compared to the same quarter last year. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. Analysts predict that Avery Dennison Corporation will post 10.15 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.2%. The ex-dividend date is Wednesday, September 2nd. Avery Dennison’s dividend payout ratio (DPR) is currently 43.81%.

Analyst Ratings Changes

A number of research firms have commented on AVY. Raymond James Financial set a $192.00 price target on Avery Dennison in a report on Tuesday, April 21st. JPMorgan Chase & Co. increased their target price on Avery Dennison from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Wall Street Zen raised Avery Dennison from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Citigroup boosted their price target on Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Finally, Truist Financial dropped their price target on Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $201.22.

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.