Twin Capital Management Inc. Buys New Stake in Avery Dennison Corporation $AVY

Twin Capital Management Inc. purchased a new stake in Avery Dennison Corporation (NYSE:AVY) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,256 shares of the industrial products company’s stock, valued at approximately $562,000.

A number of other institutional investors have also modified their holdings of AVY. Bartlett & CO. Wealth Management LLC boosted 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 last quarter. Root Financial Partners LLC lifted its holdings in Avery Dennison by 60.8% in the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 73 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in Avery Dennison in the third quarter valued at approximately $36,000. Godfrey Financial Associates Inc. purchased a new stake in Avery Dennison in the 4th quarter worth approximately $37,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Avery Dennison during the 2nd quarter worth approximately $37,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on AVY shares. Truist Financial cut their target price on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a report on Wednesday. Bank of America raised their price target on shares of Avery Dennison from $202.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. cut their price objective 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. Weiss Ratings downgraded shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Avery Dennison in a research note on Wednesday, April 1st. They set a “buy” rating and a $200.00 target price on the stock. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $200.11.

Avery Dennison Trading Up 4.0%

Shares of AVY stock opened at $163.09 on Friday. Avery Dennison Corporation has a 1-year low of $152.42 and a 1-year high of $199.54. The company has a market cap of $12.47 billion, a price-to-earnings ratio of 18.39, a PEG ratio of 2.79 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. The stock has a 50 day simple moving average of $159.76 and a 200-day simple moving average of $172.70.

Avery Dennison (NYSE:AVY) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.41 by $0.06. The firm had revenue of $2.30 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 7.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, equities research analysts expect that Avery Dennison Corporation will post 10 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were given a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date was Wednesday, June 3rd. Avery Dennison’s dividend payout ratio (DPR) is 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.