2,074 Shares in Avery Dennison Corporation $AVY Acquired by Advisors Preferred LLC

Advisors Preferred LLC bought a new position in Avery Dennison Corporation (NYSE:AVY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,074 shares of the industrial products company’s stock, valued at approximately $376,000.

A number of other hedge funds have also bought and sold shares of AVY. Choreo LLC grew its position in Avery Dennison by 1.5% in the 1st quarter. Choreo LLC now owns 12,380 shares of the industrial products company’s stock valued at $2,203,000 after acquiring an additional 185 shares in the last quarter. Fifth Third Bancorp grew its holdings in Avery Dennison by 5.9% during the second quarter. Fifth Third Bancorp now owns 3,494 shares of the industrial products company’s stock worth $613,000 after acquiring an additional 196 shares during the period. Brown Advisory Inc. boosted its stake in shares of Avery Dennison by 3.6% during the first quarter. Brown Advisory Inc. now owns 2,169 shares of the industrial products company’s stock valued at $386,000 after acquiring an additional 76 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Avery Dennison by 7.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,273 shares of the industrial products company’s stock worth $4,676,000 after buying an additional 1,772 shares during the period. Finally, Keeler Thomas Management LLC purchased a new position in shares of Avery Dennison in the 2nd quarter worth about $1,203,000. Institutional investors own 94.17% of the company’s stock.

Wall Street Analyst Weigh In

AVY has been the subject of a number of recent research reports. Raymond James Financial increased their target price on Avery Dennison from $194.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. BMO Capital Markets restated an “outperform” rating and set a $210.00 price objective on shares of Avery Dennison in a report on Thursday, October 23rd. Citigroup dropped their price objective on Avery Dennison from $191.00 to $177.00 and set a “neutral” rating on the stock in a report on Monday, September 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Avery Dennison in a report on Tuesday, October 14th. Finally, Bank of America lifted their target price on Avery Dennison from $195.00 to $208.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $200.55.

Avery Dennison Trading Down 0.4%

Shares of NYSE AVY opened at $174.12 on Tuesday. The company has a market cap of $13.46 billion, a price-to-earnings ratio of 19.81, a P/E/G ratio of 2.39 and a beta of 0.95. Avery Dennison Corporation has a 12 month low of $156.23 and a 12 month high of $209.83. The company has a quick ratio of 0.89, a current ratio of 1.26 and a debt-to-equity ratio of 1.45. The business has a fifty day simple moving average of $166.86 and a 200-day simple moving average of $173.07.

Avery Dennison (NYSE:AVY) last issued its earnings results on Wednesday, October 22nd. The industrial products company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.05. Avery Dennison had a return on equity of 33.67% and a net margin of 7.93%.The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same period in the prior year, the firm posted $2.33 EPS. The business’s revenue was up 1.5% compared to the same quarter last year. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. Sell-side analysts predict that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be given a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Wednesday, December 3rd. Avery Dennison’s dividend payout ratio (DPR) is 42.78%.

Avery Dennison Profile

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.