Diversify Advisory Services LLC Purchases New Position in Avery Dennison Corporation $AVY

Diversify Advisory Services LLC acquired a new position in shares of Avery Dennison Corporation (NYSE:AVY) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,202 shares of the industrial products company’s stock, valued at approximately $1,337,000.

Other large investors have also modified their holdings of the company. Coldstream Capital Management Inc. raised its holdings in shares of Avery Dennison by 2.6% during the 4th quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company’s stock valued at $393,000 after buying an additional 54 shares during the period. Huntington National Bank boosted its holdings in Avery Dennison by 3.2% in the 4th quarter. Huntington National Bank now owns 1,832 shares of the industrial products company’s stock worth $333,000 after acquiring an additional 56 shares during the period. Resources Management Corp CT ADV boosted its holdings in 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 acquiring an additional 62 shares during the period. Rothschild Investment LLC grew its position in Avery Dennison by 22.9% in the fourth quarter. Rothschild Investment LLC now owns 387 shares of the industrial products company’s stock valued at $70,000 after acquiring an additional 72 shares in the last quarter. Finally, Root Financial Partners LLC lifted its position in shares of Avery Dennison by 60.8% during the fourth 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 in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Price Performance

NYSE AVY opened at $183.22 on Thursday. Avery Dennison Corporation has a 12 month low of $152.42 and a 12 month high of $199.54. The firm has a market capitalization of $13.89 billion, a PE ratio of 20.07, a P/E/G ratio of 2.91 and a beta of 0.81. The company’s 50 day simple moving average is $165.84 and its 200 day simple moving average is $170.24. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79.

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

Avery Dennison Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on AVY shares. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Bank of America reiterated a “buy” rating on shares of Avery Dennison in a report on Friday, August 14th. Weiss Ratings raised Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Truist Financial dropped their target price on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th. Finally, Citigroup upped their price target on Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Avery Dennison currently has a consensus rating of “Moderate Buy” and a consensus price target of $201.22.

Insider Activity

In other news, SVP Ignacio J. Walker sold 1,742 shares of Avery Dennison stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total value of $298,944.62. Following the transaction, 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 sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.81% of the stock is owned by corporate insiders.

Avery Dennison 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.