Tudor Investment Corp ET AL Boosts Stock Position in Avery Dennison Corporation $AVY

Tudor Investment Corp ET AL boosted its position in shares of Avery Dennison Corporation (NYSE:AVY) by 245.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 99,074 shares of the industrial products company’s stock after acquiring an additional 70,398 shares during the quarter. Tudor Investment Corp ET AL owned 0.13% of Avery Dennison worth $16,067,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Norges Bank purchased a new stake in Avery Dennison during the 2nd quarter worth approximately $174,425,000. Wellington Management Group LLP raised its stake in shares of Avery Dennison by 12.5% in the third quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock valued at $942,039,000 after acquiring an additional 644,664 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in Avery Dennison in the third quarter valued at $74,942,000. Ameriprise Financial Inc. increased its holdings in Avery Dennison by 30.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock worth $298,613,000 after purchasing an additional 435,156 shares during the period. Finally, Vanguard Group Inc. raised its position in Avery Dennison by 3.6% in the 3rd quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock valued at $1,683,185,000 after purchasing an additional 361,231 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Analyst Ratings Changes

AVY has been the topic of a number of recent research reports. Citigroup upped 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, February 6th. JPMorgan Chase & Co. boosted their target price on shares of Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. UBS Group lifted their price target on Avery Dennison from $218.00 to $226.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. Finally, Truist Financial boosted their target price on Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Nine 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 stock has a consensus rating of “Moderate Buy” and a consensus price target of $208.45.

Avery Dennison Price Performance

Shares of AVY opened at $161.15 on Friday. Avery Dennison Corporation has a 1-year low of $156.23 and a 1-year high of $199.54. The stock has a market cap of $12.40 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 2.88 and a beta of 0.97. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. The firm has a fifty day moving average price of $186.13 and a 200 day moving average price of $176.94.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data 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. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The company had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter last year, the company posted $2.38 earnings per share. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, sell-side analysts anticipate that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Wednesday, March 4th. Avery Dennison’s dividend payout ratio (DPR) is currently 42.82%.

Insider Activity at Avery Dennison

In other Avery Dennison news, Director Mitchell R. Butier sold 20,000 shares of Avery Dennison stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the transaction, the director owned 211,147 shares of the company’s stock, valued at $36,714,240.36. The trade was a 8.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Ignacio J. Walker sold 1,156 shares of the business’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 value of $223,050.20. Following the completion of the sale, the senior vice president owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This represents a 13.22% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 34,156 shares of company stock worth $5,930,150. 0.84% of the stock is currently owned by corporate insiders.

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.