Avery Dennison Corporation $AVY Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC grew its stake in Avery Dennison Corporation (NYSE:AVY) by 31.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 236,309 shares of the industrial products company’s stock after buying an additional 56,069 shares during the period. SG Americas Securities LLC’s holdings in Avery Dennison were worth $40,806,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Empowered Funds LLC grew its stake in Avery Dennison by 6.4% during the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock valued at $2,409,000 after purchasing an additional 819 shares during the last quarter. Focus Partners Wealth raised its stake in shares of Avery Dennison by 7.6% in the first quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock worth $697,000 after purchasing an additional 278 shares during the last quarter. Intech Investment Management LLC acquired a new stake in shares of Avery Dennison during the first quarter worth about $1,209,000. EverSource Wealth Advisors LLC boosted its position in Avery Dennison by 164.6% in the second quarter. EverSource Wealth Advisors LLC now owns 389 shares of the industrial products company’s stock valued at $68,000 after buying an additional 242 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in Avery Dennison in the 2nd quarter worth approximately $241,000. 94.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on AVY shares. JPMorgan Chase & Co. reduced their price target on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Argus set a $175.00 target price on shares of Avery Dennison in a report on Thursday, June 4th. Truist Financial restated a “buy” rating and set a $221.00 target price (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. Weiss Ratings lowered shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Finally, UBS Group cut 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. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Avery Dennison has an average rating of “Moderate Buy” and a consensus target price of $201.33.

Avery Dennison Stock Performance

AVY opened at $158.05 on Wednesday. The firm has a fifty day moving average price of $161.45 and a 200 day moving average price of $174.85. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54. The stock has a market cap of $12.09 billion, a P/E ratio of 17.82, a P/E/G ratio of 2.71 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.

Avery Dennison (NYSE:AVY) last released its quarterly 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 net margin of 7.66% and a return on equity of 33.69%. The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter last year, the business earned $2.30 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Equities research analysts anticipate that Avery Dennison Corporation will post 10.05 earnings per share for the current year.

Avery Dennison Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were given a dividend of $1.00 per share. 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 dividend payout ratio (DPR) is currently 45.10%.

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.