Segall Bryant & Hamill LLC Decreases Stake in Avery Dennison Corporation $AVY

Segall Bryant & Hamill LLC lessened its stake in shares of Avery Dennison Corporation (NYSE:AVY) by 11.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,765 shares of the industrial products company’s stock after selling 3,437 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Avery Dennison were worth $4,795,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Bartlett & CO. Wealth Management LLC increased its stake in shares of Avery Dennison by 16,900.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after buying an additional 169 shares during the period. Root Financial Partners LLC boosted its position in 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 during the period. Godfrey Financial Associates Inc. bought a new stake in Avery Dennison in the 4th quarter worth $37,000. CYBER HORNET ETFs LLC bought a new stake in Avery Dennison in the 2nd quarter worth $37,000. Finally, Sound Income Strategies LLC increased its position in shares of Avery Dennison by 51.1% in the fourth quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 72 shares during the period. Institutional investors own 94.17% of the company’s stock.

Avery Dennison Stock Performance

Shares of AVY opened at $171.98 on Tuesday. The company has a 50-day simple moving average of $160.91 and a two-hundred day simple moving average of $171.00. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79. The firm has a market capitalization of $13.15 billion, a PE ratio of 18.84, a price-to-earnings-growth ratio of 3.00 and a beta of 0.81. Avery Dennison Corporation has a one year low of $152.42 and a one year high of $199.54.

Avery Dennison (NYSE:AVY) last posted its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $2.30 billion. During the same quarter in the prior year, the business earned $2.42 EPS. The business’s revenue for the quarter 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, analysts anticipate that Avery Dennison Corporation will post 10.06 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The company also recently declared 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. This represents a $4.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, September 2nd. Avery Dennison’s dividend payout ratio is presently 43.81%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AVY shares. Argus set a $175.00 target price on shares of Avery Dennison in a report on Thursday, June 4th. UBS Group upped their price target on Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a research report on Friday. Bank of America lifted their price objective on Avery Dennison from $202.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Weiss Ratings cut Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, June 8th. Finally, JPMorgan Chase & Co. upped their target price on Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.