Avery Dennison Corporation $AVY Shares Purchased by Advisors Asset Management Inc.

Advisors Asset Management Inc. grew its stake in shares of Avery Dennison Corporation (NYSE:AVY) by 20.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,031 shares of the industrial products company’s stock after buying an additional 3,532 shares during the quarter. Advisors Asset Management Inc.’s holdings in Avery Dennison were worth $3,411,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in Avery Dennison by 0.6% during the second quarter. Vanguard Group Inc. now owns 10,017,906 shares of the industrial products company’s stock worth $1,757,842,000 after purchasing an additional 58,643 shares in the last quarter. State Street Corp raised its stake in shares of Avery Dennison by 0.6% in the 2nd quarter. State Street Corp now owns 3,646,614 shares of the industrial products company’s stock worth $639,871,000 after buying an additional 23,309 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Avery Dennison by 2.6% in the second quarter. Invesco Ltd. now owns 1,582,590 shares of the industrial products company’s stock valued at $277,697,000 after buying an additional 40,803 shares during the period. Norges Bank bought a new position in Avery Dennison during the second quarter valued at about $174,425,000. Finally, Massachusetts Financial Services Co. MA grew its holdings in Avery Dennison by 2.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 967,013 shares of the industrial products company’s stock worth $156,820,000 after acquiring an additional 27,451 shares during the period. 94.17% of the stock is currently owned by institutional investors.

Avery Dennison Stock Up 0.1%

Shares of Avery Dennison stock opened at $195.76 on Friday. Avery Dennison Corporation has a 1 year low of $156.23 and a 1 year high of $197.54. The company has a market cap of $15.13 billion, a P/E ratio of 22.30, a P/E/G ratio of 3.48 and a beta of 1.00. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. The stock has a 50-day moving average price of $185.21 and a 200 day moving average price of $174.98.

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

Avery Dennison Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Wednesday, March 4th. Avery Dennison’s payout ratio is currently 42.82%.

Insider Buying and Selling

In related news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the transaction, the senior vice president owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AVY shares. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Argus set a $200.00 price target on shares of Avery Dennison in a research report on Tuesday, October 28th. Citigroup increased their price objective on Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Truist Financial lifted their target price on Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Finally, BMO Capital Markets boosted their target price on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $208.45.

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.