Ignacio Walker Sells 1,742 Shares of Avery Dennison (NYSE:AVY) Stock

Avery Dennison Corporation (NYSE:AVY) SVP Ignacio Walker sold 1,742 shares of the firm’s stock in a transaction on 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 directly owned 7,585 shares of the company’s stock, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Avery Dennison Price Performance

Shares of AVY opened at $173.84 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79. The company’s fifty day moving average price is $161.72 and its 200-day moving average price is $170.69. Avery Dennison Corporation has a 1-year low of $152.42 and a 1-year high of $199.54. The firm has a market capitalization of $13.18 billion, a PE ratio of 19.04, a price-to-earnings-growth ratio of 3.04 and a beta of 0.81.

Avery Dennison (NYSE:AVY) last issued its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The company had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.30 billion. During the same quarter last year, the business posted $2.42 EPS. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, equities research analysts predict that Avery Dennison Corporation will post 10.13 EPS for the current year.

Avery Dennison Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, September 2nd. Avery Dennison’s dividend payout ratio (DPR) is presently 43.81%.

Institutional Trading of Avery Dennison

Hedge funds and other institutional investors have recently bought and sold shares of the stock. HBK Sorce Advisory LLC acquired a new position in Avery Dennison in the second quarter valued at approximately $1,775,000. Global Retirement Partners LLC purchased a new stake in Avery Dennison in the 2nd quarter worth approximately $339,000. Stonehaven Wealth & Tax Solutions LLC acquired a new stake in shares of Avery Dennison during the 2nd quarter worth approximately $229,000. Bank of New York Mellon Corp acquired a new stake in shares of Avery Dennison during the 2nd quarter worth approximately $101,896,000. Finally, Kelleher Financial Advisors purchased a new position in shares of Avery Dennison during the 2nd quarter valued at approximately $173,000. 94.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AVY has been the topic of a number of recent research reports. Raymond James Financial set a $192.00 target price on Avery Dennison in a research report on Tuesday, April 21st. Argus set a $175.00 price target on shares of Avery Dennison in a research report on Thursday, June 4th. Citigroup lifted their price objective 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. Weiss Ratings downgraded shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Finally, UBS Group increased their price objective 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. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $201.22.

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.