AlphaQuest LLC purchased a new stake in shares of Avery Dennison Corporation (NYSE:AVY – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 3,978 shares of the industrial products company’s stock, valued at approximately $645,000.
A number of other institutional investors and hedge funds have also modified their holdings of AVY. DNB Asset Management AS grew its position in Avery Dennison by 4.3% in the 2nd quarter. DNB Asset Management AS now owns 16,398 shares of the industrial products company’s stock worth $2,877,000 after purchasing an additional 676 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Avery Dennison by 567.6% during the third quarter. Assenagon Asset Management S.A. now owns 149,026 shares of the industrial products company’s stock worth $24,168,000 after buying an additional 126,704 shares in the last quarter. Assetmark Inc. increased its stake in Avery Dennison by 1,018.3% during the second quarter. Assetmark Inc. now owns 1,588 shares of the industrial products company’s stock valued at $279,000 after acquiring an additional 1,446 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in Avery Dennison in the 2nd quarter valued at approximately $1,180,000. Finally, Vanguard Group Inc. lifted its position in shares of Avery Dennison by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 10,017,906 shares of the industrial products company’s stock worth $1,757,842,000 after acquiring an additional 58,643 shares during the period. 94.17% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
AVY has been the topic of a number of research reports. UBS Group upgraded Avery Dennison from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $181.00 to $218.00 in a research report on Thursday, October 23rd. Citigroup boosted their price target on shares of Avery Dennison from $180.00 to $188.00 and gave the company a “neutral” rating in a report on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. BMO Capital Markets reiterated an “outperform” rating and set a $210.00 target price on shares of Avery Dennison in a research report on Thursday, October 23rd. Finally, Truist Financial increased their price target on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $204.36.
Avery Dennison Trading Up 3.3%
Shares of Avery Dennison stock opened at $192.96 on Thursday. Avery Dennison Corporation has a 12-month low of $156.23 and a 12-month high of $194.28. The stock has a market capitalization of $14.91 billion, a P/E ratio of 21.95, a price-to-earnings-growth ratio of 3.14 and a beta of 1.00. The company has a 50-day simple moving average of $182.62 and a 200 day simple moving average of $174.24. The company has a quick ratio of 0.89, a current ratio of 1.26 and a debt-to-equity ratio of 1.45.
Avery Dennison (NYSE:AVY – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share 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 analysts’ expectations of $2.29 billion. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Research analysts expect that Avery Dennison Corporation will post 9.96 earnings per share for the current fiscal year.
Avery Dennison Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be issued a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Wednesday, March 4th. Avery Dennison’s dividend payout ratio (DPR) is currently 42.78%.
More Avery Dennison News
Here are the key news stories impacting Avery Dennison this week:
- Positive Sentiment: Q4 EPS beat expectations — Avery Dennison posted adjusted EPS of $2.45 vs. consensus $2.40, with adjusted EPS up year-over-year and gross margin expansion noted; the beat is the main driver of the positive market reaction. Avery Dennison Earnings Beat Estimates in Q4
- Positive Sentiment: Dividend declared — the board approved a $0.94 quarterly dividend (1.9% yield), which supports income-oriented investors and signals confidence in cash flow. Avery Dennison Declares Quarterly Dividend
- Positive Sentiment: Market responded strongly — coverage notes the stock hit a 52-week high after the resilient quarter, reflecting investor enthusiasm for the EPS beat and margin improvement. Avery Dennison Smashes 52-Week High
- Neutral Sentiment: Q1 2026 EPS guidance given at $2.400–$2.46, roughly in line with consensus — guidance reduces uncertainty but is not materially above expectations. Avery Dennison Press Release / Slide Deck
- Neutral Sentiment: Earnings call materials and full transcript available — useful for details on margin drivers, end-market demand (premium label demand noted), and capital allocation plans. Q4 Earnings Call Transcript
- Negative Sentiment: Revenue slightly missed estimates — Q4 sales were $2.27B vs. analyst expectations of ~$2.29B, which tempers the beat and could limit upside if revenue trends weaken. Sales Below Analyst Estimates
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.
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