Natixis Advisors LLC Trims Stake in Avery Dennison Corporation $AVY

Natixis Advisors LLC trimmed its stake in Avery Dennison Corporation (NYSE:AVY) by 24.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,658 shares of the industrial products company’s stock after selling 19,707 shares during the period. Natixis Advisors LLC’s holdings in Avery Dennison were worth $11,032,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of AVY. Empowered Funds LLC increased its stake in shares of Avery Dennison by 6.4% in the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock worth $2,409,000 after purchasing an additional 819 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Avery Dennison by 7.6% in the 1st quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock worth $697,000 after purchasing an additional 278 shares in the last quarter. Intech Investment Management LLC purchased a new stake in shares of Avery Dennison in the 1st quarter worth $1,209,000. EverSource Wealth Advisors LLC increased its stake in shares of Avery Dennison by 164.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 389 shares of the industrial products company’s stock worth $68,000 after purchasing an additional 242 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Avery Dennison in the 2nd quarter worth $241,000. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Avery Dennison

In other Avery Dennison news, Director Mitchell R. Butier sold 20,000 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the completion of the transaction, the director owned 211,147 shares of the company’s stock, valued at $36,714,240.36. This represents a 8.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.81% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on AVY. Raymond James Financial set a $192.00 price target on Avery Dennison in a research note on Tuesday, April 21st. Argus set a $175.00 price target on Avery Dennison in a research note on Thursday. Deutsche Bank Aktiengesellschaft began coverage on Avery Dennison in a research note on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price target for the company. UBS Group cut their price target on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research note on Friday, March 27th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $201.33.

Avery Dennison Trading Up 1.4%

Shares of AVY stock opened at $155.34 on Friday. The stock has a fifty day simple moving average of $164.45 and a two-hundred day simple moving average of $175.86. Avery Dennison Corporation has a 52-week low of $152.55 and a 52-week high of $199.54. The firm has a market capitalization of $11.88 billion, a PE ratio of 17.51, a PEG ratio of 2.67 and a beta of 0.82. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data 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 net margin of 7.66% and a return on equity of 33.69%. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the prior year, the firm earned $2.30 EPS. The business’s revenue was up 7.0% on a year-over-year basis. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, analysts predict that Avery Dennison Corporation will post 10.05 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be issued a dividend of $1.00 per share. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $4.00 annualized dividend and a dividend yield of 2.6%. Avery Dennison’s payout ratio is currently 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.