3,638 Shares in Avery Dennison Corporation $AVY Bought by Revolve Wealth Partners LLC

Revolve Wealth Partners LLC acquired a new stake in Avery Dennison Corporation (NYSE:AVY) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,638 shares of the industrial products company’s stock, valued at approximately $591,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. CPC Advisors LLC bought a new position in Avery Dennison during the fourth quarter worth about $1,464,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Avery Dennison by 8.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 169,137 shares of the industrial products company’s stock worth $30,857,000 after buying an additional 13,494 shares during the period. Wolverine Asset Management LLC bought a new position in Avery Dennison in the fourth quarter valued at approximately $2,546,000. Mitsubishi UFJ Trust & Banking Corp lifted its stake in Avery Dennison by 59.1% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 67,193 shares of the industrial products company’s stock valued at $12,221,000 after buying an additional 24,953 shares in the last quarter. Finally, LBP AM SA acquired a new position in shares of Avery Dennison in the fourth quarter valued at approximately $8,598,000. Institutional investors own 94.17% of the company’s stock.

Avery Dennison Trading Up 0.7%

Shares of Avery Dennison stock opened at $179.63 on Wednesday. The stock has a market cap of $13.61 billion, a P/E ratio of 19.67, a P/E/G ratio of 3.09 and a beta of 0.81. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37. Avery Dennison Corporation has a 12-month low of $152.42 and a 12-month high of $199.54. The business’s 50 day moving average is $162.98 and its 200-day moving average is $170.54.

Avery Dennison (NYSE:AVY) last released its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The business had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.30 billion. During the same period last year, the business earned $2.42 earnings per share. The firm’s 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. Equities research analysts predict that Avery Dennison Corporation will post 10.13 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a report on Saturday. Citigroup upped their target price on shares of Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Truist Financial dropped their price target on Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. JPMorgan Chase & Co. boosted their price target on Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Finally, UBS Group increased their price objective on Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $201.22.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total value of $298,944.62. Following the sale, the senior vice president owned 7,585 shares in the company, valued at $1,301,661.85. This represents a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.81% of the stock is currently owned by company insiders.

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.