From Yahoo Finance: 2025-05-21 13:05:00

Avery Dennison Corporation (AVY) is trading at $183.97 with a trailing P/E of 21.17 and a forward P/E of 19.05. The company reported net sales of $8.8 billion in fiscal 2024, with adjusted earnings per share growing 19% to $9.43. Both the Materials Group and Solutions Group showed solid growth in the fourth quarter.

For dividend investors, AVY offers a 2.08% dividend yield, 15-year streak of dividend increases, and a three-year dividend growth rate of 9.06%. The company maintains a conservative payout ratio of 43.32% and returned $525 million to shareholders in 2024 through dividends and share repurchases. Avery Dennison’s Intelligent Labels segment is expanding into new categories such as food.

Avery Dennison is not in the top 30 most popular stocks among hedge funds, with 36 hedge fund portfolios holding AVY at the end of the fourth quarter. While AVY has potential, some AI stocks may offer higher returns in a shorter timeframe. For AI stocks trading at less than 5 times earnings, consider other options.



Read more at Yahoo Finance: Avery Dennison Corporation (AVY): A Bull Case Theory