Andra AP fonden Grows Position in Avery Dennison Corporation $AVY

Andra AP fonden raised its holdings in Avery Dennison Corporation (NYSE:AVY) by 61.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,200 shares of the industrial products company’s stock after purchasing an additional 40,000 shares during the period. Andra AP fonden owned 0.14% of Avery Dennison worth $17,060,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Diversify Wealth Management LLC grew its stake in Avery Dennison by 5.2% in the 3rd quarter. Diversify Wealth Management LLC now owns 4,549 shares of the industrial products company’s stock valued at $793,000 after buying an additional 223 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Avery Dennison by 3.8% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 155,643 shares of the industrial products company’s stock worth $25,241,000 after purchasing an additional 5,633 shares in the last quarter. Fox Run Management L.L.C. purchased a new stake in Avery Dennison in the 3rd quarter worth approximately $276,000. Mufg Securities Americas Inc. grew its position in Avery Dennison by 21.4% during the third quarter. Mufg Securities Americas Inc. now owns 2,103 shares of the industrial products company’s stock worth $341,000 after buying an additional 370 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Avery Dennison by 46.0% in the third quarter. EverSource Wealth Advisors LLC now owns 568 shares of the industrial products company’s stock worth $92,000 after purchasing an additional 179 shares during the last quarter. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AVY has been the topic of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. BMO Capital Markets lifted their target price on shares of Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Citigroup increased their price target on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. UBS Group upped their price target on Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. increased their price objective on Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $208.45.

Insider Activity at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was 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 of the company’s stock, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.84% of the stock is owned by company insiders.

Avery Dennison Price Performance

Shares of NYSE:AVY opened at $196.15 on Friday. The business has a 50-day simple moving average of $188.17 and a two-hundred day simple moving average of $176.78. 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 $15.08 billion, a price-to-earnings ratio of 22.34, a price-to-earnings-growth ratio of 3.44 and a beta of 1.00. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $199.54.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.05. The firm had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. On average, analysts expect that Avery Dennison Corporation will post 9.96 earnings per share 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 given a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, March 4th. Avery Dennison’s payout ratio is 42.82%.

About Avery Dennison

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.