Aristotle Atlantic Partners LLC Grows Holdings in Avery Dennison Corporation $AVY

Aristotle Atlantic Partners LLC lifted its holdings in Avery Dennison Corporation (NYSE:AVY) by 39.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 135,758 shares of the industrial products company’s stock after acquiring an additional 38,253 shares during the quarter. Aristotle Atlantic Partners LLC’s holdings in Avery Dennison were worth $24,692,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bartlett & CO. Wealth Management LLC boosted its holdings in 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 acquiring an additional 169 shares in the last quarter. Root Financial Partners LLC boosted 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 worth $35,000 after acquiring an additional 73 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in Avery Dennison in the third quarter worth $36,000. CYBER HORNET ETFs LLC bought a new stake in Avery Dennison in the second quarter worth $37,000. Finally, Godfrey Financial Associates Inc. bought a new stake in Avery Dennison in the fourth quarter worth $37,000. 94.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. JPMorgan Chase & Co. dropped their target price on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Weiss Ratings downgraded Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Raymond James Financial set a $192.00 target price on Avery Dennison in a report on Tuesday, April 21st. Citigroup decreased their price objective on shares of Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Finally, UBS Group decreased their price objective on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a report on Friday, April 10th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $201.33.

Avery Dennison Price Performance

Shares of NYSE AVY opened at $159.37 on Thursday. Avery Dennison Corporation has a twelve month low of $152.42 and a twelve month high of $199.54. The firm has a market cap of $12.19 billion, a P/E ratio of 17.97, a PEG ratio of 2.78 and a beta of 0.82. The company has a 50 day moving average of $162.55 and a 200 day moving average of $175.27. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 1.38.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.41 by $0.06. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period in the previous year, the business earned $2.30 EPS. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, research analysts expect that Avery Dennison Corporation will post 10.05 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were paid a $1.00 dividend. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. 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. Avery Dennison’s dividend payout ratio (DPR) is presently 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.