Corient Private Wealth LP Makes New $20.28 Million Investment in Avery Dennison Corporation $AVY

Corient Private Wealth LP bought a new stake in Avery Dennison Corporation (NYSE:AVY) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 124,930 shares of the industrial products company’s stock, valued at approximately $20,282,000. Corient Private Wealth LP owned 0.16% of Avery Dennison at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Avery Dennison by 8.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 169,137 shares of the industrial products company’s stock valued at $30,857,000 after purchasing an additional 13,494 shares during the period. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Avery Dennison by 59.1% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 67,193 shares of the industrial products company’s stock worth $12,221,000 after purchasing an additional 24,953 shares during the period. Wolverine Asset Management LLC bought a new position in shares of Avery Dennison during the fourth quarter valued at approximately $2,546,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its holdings in Avery Dennison by 184.0% during the fourth quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 14,200 shares of the industrial products company’s stock valued at $2,583,000 after buying an additional 9,200 shares during the period. Finally, Eurizon Capital SGR S.p.A. purchased a new position in Avery Dennison during the fourth quarter valued at approximately $4,319,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on AVY shares. Citigroup upped their target price on Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Truist Financial cut their price target on Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. UBS Group upped their price objective on Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Weiss Ratings raised Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Finally, Bank of America reiterated a “buy” rating on shares of Avery Dennison in a research note on Friday, August 14th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $201.22.

Avery Dennison Trading Down 0.4%

Shares of NYSE:AVY opened at $177.71 on Friday. The business’s 50-day moving average is $168.88 and its 200 day moving average is $169.98. 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 Corporation has a 1 year low of $152.42 and a 1 year high of $199.54. The firm has a market capitalization of $13.47 billion, a P/E ratio of 19.46, a P/E/G ratio of 2.28 and a beta of 0.81.

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

Avery Dennison Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a $1.00 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. Avery Dennison’s dividend payout ratio (DPR) is 43.81%.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the transaction, the senior vice president owned 7,585 shares in the company, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.81% of the company’s stock.

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.