Night Squared LP Invests $8.37 Million in Avery Dennison Corporation $AVY

Night Squared LP bought a new position in Avery Dennison Corporation (NYSE:AVY) in the 4th quarter, Holdings Channel reports. The firm bought 46,029 shares of the industrial products company’s stock, valued at approximately $8,372,000. Avery Dennison comprises about 2.4% of Night Squared LP’s portfolio, making the stock its 10th largest holding.

Several other institutional investors have also recently made changes to their positions in AVY. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Avery Dennison by 16,900.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 169 shares during the last quarter. Root Financial Partners LLC lifted its holdings in shares of Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 73 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Avery Dennison in the 3rd quarter worth about $36,000. Godfrey Financial Associates Inc. bought a new stake in shares of Avery Dennison in the 4th quarter worth about $37,000. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Avery Dennison in the 2nd quarter worth about $37,000. Institutional investors own 94.17% of the company’s stock.

Analyst Ratings Changes

AVY has been the subject of several analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. UBS Group lowered their target price on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a report on Friday, April 10th. Truist Financial restated a “buy” rating and issued a $221.00 target price (down from $223.00) on shares of Avery Dennison in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Avery Dennison in a report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 target price for the company. Finally, Raymond James Financial set a $192.00 target price on shares of Avery Dennison in a report on Tuesday, April 21st. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $201.33.

Avery Dennison Trading Up 1.4%

AVY stock opened at $162.00 on Wednesday. The company has a market capitalization of $12.39 billion, a PE ratio of 18.26, a P/E/G ratio of 2.75 and a beta of 0.82. Avery Dennison Corporation has a 12 month low of $152.42 and a 12 month high of $199.54. The firm’s 50-day moving average is $162.76 and its 200 day moving average is $175.36. 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 posted its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.41 by $0.06. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.26 billion. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The firm’s revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, research analysts anticipate that Avery Dennison Corporation will post 10.05 EPS for the current year.

Avery Dennison Increases Dividend

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

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.