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MENTOR, Ohio - Avery Dennison Corporation (NYSE:AVY) announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.94 per share.
The dividend will be payable on September 17, 2025, to shareholders of record as of September 3, 2025, according to a company press release.
Avery Dennison, which describes itself as a global materials science and digital identification solutions company, reported sales of $8.8 billion in 2024. With a market capitalization of $14.05 billion and a P/E ratio of 20.07, the company provides branding and information solutions aimed at optimizing labor and supply chain efficiency. According to InvestingPro’s Fair Value analysis, the stock is currently trading near its fair value.
The firm operates across multiple industries including home and personal care, apparel, retail, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive. Avery Dennison employs approximately 35,000 people in more than 50 countries worldwide.
The company specializes in labeling and functional materials, radio frequency identification (RFID) inlays and tags, and software applications that connect physical and digital elements.
In other recent news, Avery Dennison reported its second-quarter earnings for 2025, with an adjusted earnings per share (EPS) of $2.42, surpassing the forecast of $2.39. However, the company fell short of its revenue expectations, reporting $2.22 billion against the anticipated $2.24 billion. Despite these mixed results, analysts have been adjusting their outlooks on Avery Dennison. BMO Capital lowered its price target for the company to $207 from $216 but maintained an Outperform rating, citing the company’s strength in higher-margin businesses like Vestcom and Graphics/Reflectives. Meanwhile, Citi raised its price target to $191 from $185, maintaining a Neutral rating, as they noted the company’s solid second-quarter results and a third-quarter outlook that was slightly better than anticipated. Additionally, Avery Dennison announced the appointment of David Flitman, CEO of US Foods, to its board of directors, effective July 23, 2025. These developments come as Avery Dennison navigates a challenging demand environment, particularly in the apparel sector.
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