Candriam S.C.A. Has $5.02 Million Stock Holdings in Avery Dennison Corporation $AVY

Candriam S.C.A. trimmed its position in shares of Avery Dennison Corporation (NYSE:AVY) by 26.3% during the 1st quarter, HoldingsChannel reports. The fund owned 29,085 shares of the industrial products company’s stock after selling 10,402 shares during the quarter. Candriam S.C.A.’s holdings in Avery Dennison were worth $5,022,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of AVY. Bartlett & CO. Wealth Management LLC grew its holdings in shares of Avery Dennison by 16,900.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 169 shares in the last quarter. Root Financial Partners LLC increased its position in shares of Avery Dennison by 60.8% during the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 73 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in shares of Avery Dennison in the third quarter valued at $36,000. Godfrey Financial Associates Inc. bought a new position in Avery Dennison in the fourth quarter worth $37,000. Finally, CYBER HORNET ETFs LLC bought a new position in Avery Dennison in the second quarter worth $37,000. Institutional investors own 94.17% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on AVY shares. Citigroup lowered their price target on shares of Avery Dennison from $185.00 to $184.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Avery Dennison in a report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price objective for the company. Weiss Ratings cut shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, June 8th. Truist Financial reissued a “buy” rating and issued a $221.00 price target (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. cut their price target on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $200.38.

Avery Dennison Stock Performance

Avery Dennison stock opened at $159.25 on Tuesday. 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 fifty day moving average price of $160.10 and a two-hundred day moving average price of $173.18. Avery Dennison Corporation has a 52-week low of $152.42 and a 52-week high of $199.54. The firm has a market capitalization of $12.18 billion, a P/E ratio of 17.95, a P/E/G ratio of 2.78 and a beta of 0.82.

Avery Dennison (NYSE:AVY) last issued its earnings results 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 company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the previous year, the company earned $2.30 EPS. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, analysts anticipate that Avery Dennison Corporation will post 10 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $4.00 annualized dividend and a yield of 2.5%. This is an increase from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s payout ratio is 45.10%.

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.