Allianz Asset Management GmbH Grows Stock Position in Avery Dennison Corporation $AVY

Allianz Asset Management GmbH raised its stake in Avery Dennison Corporation (NYSE:AVY) by 18.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,342 shares of the industrial products company’s stock after acquiring an additional 3,550 shares during the quarter. Allianz Asset Management GmbH’s holdings in Avery Dennison were worth $3,623,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of AVY. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Avery Dennison during the 3rd quarter valued at approximately $29,000. Vermillion & White Wealth Management Group LLC grew its position in shares of Avery Dennison by 89.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 80 shares during the period. NewSquare Capital LLC increased its stake in shares of Avery Dennison by 156.2% during the second quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 114 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Avery Dennison during the 2nd quarter worth about $35,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in Avery Dennison in the 2nd quarter worth about $37,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Insider Transactions at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the transaction, the senior vice president directly owned 7,588 shares in the company, valued at $1,464,104.60. This represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.84% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on AVY shares. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. JPMorgan Chase & Co. raised their price objective on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Monday. Citigroup lifted their target price on shares of Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday. Truist Financial increased their target price on shares of Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Finally, UBS Group boosted their price target on shares of Avery Dennison from $218.00 to $226.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $208.45.

Avery Dennison Stock Performance

Shares of AVY stock opened at $190.72 on Wednesday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. The firm has a market cap of $14.74 billion, a P/E ratio of 21.72, a P/E/G ratio of 3.34 and a beta of 1.00. The firm’s 50 day moving average price is $184.13 and its 200-day moving average price is $174.54. Avery Dennison Corporation has a one year low of $156.23 and a one year high of $196.00.

Avery Dennison (NYSE:AVY) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.05. The firm had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.Avery Dennison’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, equities research analysts predict that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be issued a $0.94 dividend. This represents a $3.76 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, March 4th. Avery Dennison’s dividend payout ratio is 42.82%.

Avery Dennison 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.