Yousif Capital Management LLC Sells 4,532 Shares of Avery Dennison Corporation $AVY

Yousif Capital Management LLC decreased its position in Avery Dennison Corporation (NYSE:AVY) by 32.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,514 shares of the industrial products company’s stock after selling 4,532 shares during the quarter. Yousif Capital Management LLC’s holdings in Avery Dennison were worth $1,734,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Portside Wealth Group LLC grew its stake in shares of Avery Dennison by 4.7% in the 3rd quarter. Portside Wealth Group LLC now owns 1,340 shares of the industrial products company’s stock worth $217,000 after acquiring an additional 60 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in Avery Dennison by 3.4% during the fourth quarter. Capital Investment Advisors LLC now owns 1,838 shares of the industrial products company’s stock valued at $334,000 after purchasing an additional 61 shares during the last quarter. Resources Management Corp CT ADV lifted its holdings in Avery Dennison by 0.8% during the second quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock valued at $1,369,000 after purchasing an additional 62 shares during the last quarter. Mather Group LLC. lifted its holdings in Avery Dennison by 3.6% during the fourth quarter. Mather Group LLC. now owns 1,860 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 64 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in shares of Avery Dennison by 0.3% in the third quarter. Arizona State Retirement System now owns 23,151 shares of the industrial products company’s stock worth $3,754,000 after buying an additional 71 shares in the last quarter. Institutional investors own 94.17% of the company’s stock.

Insiders Place Their Bets

In other Avery Dennison news, Director Mitchell R. Butier sold 20,000 shares of the business’s stock in a transaction on 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 transaction, the director directly owned 211,147 shares of the company’s stock, valued at approximately $36,714,240.36. The trade was a 8.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ignacio J. Walker sold 1,156 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the transaction, the senior vice president directly owned 7,588 shares in the company, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 34,156 shares of company stock worth $5,930,150. Insiders own 0.81% of the company’s stock.

Wall Street Analyst Weigh In

AVY has been the topic of a number of recent analyst reports. UBS Group lowered their price target on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a report on Friday. Deutsche Bank Aktiengesellschaft started coverage on shares of Avery Dennison in a research note on Wednesday, April 1st. They issued a “buy” rating and a $200.00 target price on the stock. Truist Financial increased their price target on shares of Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Citigroup reduced their price target on shares of Avery Dennison from $201.00 to $190.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research report on Friday, March 27th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Avery Dennison presently has an average rating of “Moderate Buy” and an average price target of $206.50.

Avery Dennison Stock Down 0.8%

Shares of Avery Dennison stock opened at $170.92 on Wednesday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. Avery Dennison Corporation has a 52-week low of $156.23 and a 52-week high of $199.54. The stock has a market capitalization of $13.15 billion, a price-to-earnings ratio of 19.47, a P/E/G ratio of 2.84 and a beta of 1.00. The company’s 50 day moving average price is $180.53 and its 200-day moving average price is $177.67.

Avery Dennison (NYSE:AVY) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.05. The firm had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The business’s revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the business earned $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Equities research analysts forecast that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, March 4th. Avery Dennison’s payout ratio is presently 42.82%.

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.