T. Rowe Price Investment Management Inc. Sells 446,957 Shares of Avery Dennison Corporation $AVY

T. Rowe Price Investment Management Inc. lowered its position in Avery Dennison Corporation (NYSE:AVY) by 13.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,842,346 shares of the industrial products company’s stock after selling 446,957 shares during the quarter. T. Rowe Price Investment Management Inc. owned 3.68% of Avery Dennison worth $516,966,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Bartlett & CO. Wealth Management LLC increased its position in 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 valued at $31,000 after acquiring an additional 169 shares during the period. Root Financial Partners LLC lifted its holdings 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 during the period. Godfrey Financial Associates Inc. bought a new stake in shares of Avery Dennison in the fourth quarter worth $37,000. CYBER HORNET ETFs LLC bought a new stake in shares of Avery Dennison in the second quarter worth $37,000. Finally, Sound Income Strategies LLC increased its holdings in 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 purchasing an additional 72 shares during the period. Institutional investors own 94.17% of the company’s stock.

Avery Dennison Stock Performance

AVY stock opened at $158.60 on Friday. The firm has a market cap of $12.13 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 2.74 and a beta of 0.82. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 1.38. The stock has a 50-day moving average price of $162.38 and a 200-day moving average price of $175.17. Avery Dennison Corporation has a 1-year low of $152.42 and a 1-year high of $199.54.

Avery Dennison (NYSE:AVY) last announced its 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 return on equity of 33.69% and a net margin of 7.66%.The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the prior year, the company earned $2.30 EPS. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, equities research analysts expect 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 issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Wednesday, June 3rd. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s dividend payout ratio (DPR) is currently 45.10%.

Analysts Set New Price Targets

AVY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 target price for the company. Weiss Ratings cut Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, June 8th. Citigroup lowered their price objective on Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Argus set a $175.00 target price on Avery Dennison in a report on Thursday, June 4th. Finally, UBS Group decreased their target price on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $201.33.

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.