Trillium Asset Management LLC Invests $7.71 Million in Avery Dennison Corporation $AVY

Trillium Asset Management LLC purchased a new stake in Avery Dennison Corporation (NYSE:AVY) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 47,500 shares of the industrial products company’s stock, valued at approximately $7,712,000. Trillium Asset Management LLC owned about 0.06% of Avery Dennison as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVY. Trust Co. of Vermont acquired a new position in shares of Avery Dennison during the second quarter worth approximately $27,000. Elevation Wealth Partners LLC raised its position in Avery Dennison by 684.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 171 shares during the last quarter. Root Financial Partners LLC lifted its holdings 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 worth $35,000 after buying an additional 73 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in Avery Dennison in the 3rd quarter valued at $36,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in shares of Avery Dennison in the 4th quarter valued at $37,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Price Performance

NYSE AVY opened at $182.67 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.79 and a current ratio of 1.13. The stock has a market cap of $13.84 billion, a price-to-earnings ratio of 20.01, a PEG ratio of 3.00 and a beta of 0.81. The business has a 50 day simple moving average of $166.31 and a 200 day simple moving average of $170.22. Avery Dennison Corporation has a 52-week low of $152.42 and a 52-week high of $199.54.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.42. The firm had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.30 billion. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The business’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.42 earnings per share. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. Analysts anticipate that Avery Dennison Corporation will post 10.15 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, September 2nd. Avery Dennison’s payout ratio is currently 43.81%.

Analyst Ratings Changes

Several research firms recently issued reports on AVY. Weiss Ratings upgraded Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Citigroup raised their target price on shares of Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Argus set a $175.00 price target on shares of Avery Dennison in a research report on Thursday, June 4th. UBS Group boosted their price target on shares of Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $201.22.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total transaction of $298,944.62. Following the completion of the transaction, the senior vice president owned 7,585 shares in the company, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.81% of the company’s stock.

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.