Avery Dennison Corporation $AVY Stock Sold by Sterling Capital Management LLC

Sterling Capital Management LLC cut its position in shares of Avery Dennison Corporation (NYSE:AVY) by 74.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,671 shares of the industrial products company’s stock after selling 13,334 shares during the quarter. Sterling Capital Management LLC’s holdings in Avery Dennison were worth $797,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Yousif Capital Management LLC lifted its position in Avery Dennison by 83.6% during the 3rd quarter. Yousif Capital Management LLC now owns 16,070 shares of the industrial products company’s stock valued at $2,743,000 after acquiring an additional 7,315 shares during the period. MBL Wealth LLC purchased a new stake in Avery Dennison in the third quarter worth about $532,000. Brookstone Capital Management grew its holdings in Avery Dennison by 4.7% in the third quarter. Brookstone Capital Management now owns 1,440 shares of the industrial products company’s stock worth $246,000 after purchasing an additional 65 shares during the period. Root Financial Partners LLC bought a new position in shares of Avery Dennison during the third quarter valued at approximately $189,000. Finally, E. Ohman J or Asset Management AB increased its stake in shares of Avery Dennison by 12.6% during the third quarter. E. Ohman J or Asset Management AB now owns 2,985 shares of the industrial products company’s stock valued at $509,000 after purchasing an additional 335 shares in the last quarter. 94.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Wall Street Zen raised Avery Dennison from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Truist Financial cut their price target on Avery Dennison from $209.00 to $208.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Jefferies Financial Group reaffirmed a “hold” rating and set a $181.00 price objective on shares of Avery Dennison in a research report on Monday, September 28th. Weiss Ratings upgraded Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, JPMorgan Chase & Co. boosted their target price on Avery Dennison from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Avery Dennison currently has an average rating of “Moderate Buy” and a consensus price target of $199.10.

Avery Dennison Stock Performance

AVY opened at $181.68 on Wednesday. Avery Dennison Corporation has a 52-week low of $152.42 and a 52-week high of $199.54. The company’s 50-day simple moving average is $174.21 and its two-hundred day simple moving average is $172.37.

Avery Dennison (NYSE:AVY) last announced its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.42. The company had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.30 billion. Avery Dennison’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.42 earnings per share. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, sell-side analysts predict that Avery Dennison Corporation will post 10.14 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, December 2nd will be given a $1.00 dividend. The ex-dividend date is Wednesday, December 2nd. This represents a $4.00 annualized dividend and a yield of 2.2%.

Key Headlines Impacting Avery Dennison

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Avery Dennison previously reported quarterly revenue and earnings above analyst expectations, with revenue up 10.9% year over year. The company is also expected to deliver year-over-year revenue growth in its Materials Group during the upcoming quarter.
• Neutral Sentiment: Zacks Research maintained its consensus estimate of $10.14 in EPS for the current fiscal year. Its longer-term estimates still imply earnings growth, including $11.04 for fiscal 2027 and $11.97 for fiscal 2028, despite recent downward revisions. Zacks Research Cuts Earnings Estimates for Avery Dennison
• Negative Sentiment: Zacks lowered its Q3 2026 EPS forecast to $2.29 from $2.30 and cut fiscal 2027 EPS to $11.04 from $11.13. It also reduced fiscal 2028 EPS to $11.97 from $12.11, while trimming several 2027–2028 quarterly estimates by a few cents. These revisions point to softer expected profitability rather than a major change in the earnings outlook.
• Negative Sentiment: The Q3 earnings preview highlights softer automotive demand, customer inventory destocking and rising costs as potential headwinds to Avery Dennison’s margins and earnings. Avery Dennison Gears Up to Report Q3 Earnings: What to Expect?
• Negative Sentiment: A Seeking Alpha analysis argues that Avery Dennison has not yet demonstrated enough improvement to warrant an upgrade, reinforcing investor caution around valuation and near-term operating conditions. Avery Dennison Corporation Hasn’t Earned An Upgrade Yet

Insider Buying and Selling

In related news, SVP Ignacio Walker sold 1,742 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total value of $298,944.62. Following the completion of the sale, the senior vice president directly owned 7,585 shares of the company’s stock, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Nicholas Colisto sold 3,886 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total transaction of $663,262.48. Following the completion of the sale, the senior vice president directly owned 7,126 shares of the company’s stock, valued at approximately $1,216,265.68. This trade represents a 35.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.81% of the company’s stock.

Avery Dennison Profile

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops and produces labeling, packaging, graphic, and functional materials. Its products are used by businesses across industries including consumer goods, retail, logistics, apparel, automotive, healthcare, and industrial manufacturing.

The company’s offerings include pressure-sensitive labels and label materials, adhesives, industrial and specialty tapes, graphic films, and packaging materials.