California State Teachers Retirement System Sells 3,596 Shares of Avery Dennison Corporation $AVY

California State Teachers Retirement System cut its holdings in Avery Dennison Corporation (NYSE:AVY) by 2.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 178,658 shares of the industrial products company’s stock after selling 3,596 shares during the quarter. California State Teachers Retirement System’s holdings in Avery Dennison were worth $30,851,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. increased its stake in shares of Avery Dennison by 2.6% during the 4th quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company’s stock worth $393,000 after purchasing an additional 54 shares during the last quarter. Huntington National Bank lifted its stake in shares of Avery Dennison by 3.2% in the 4th quarter. Huntington National Bank now owns 1,832 shares of the industrial products company’s stock valued at $333,000 after purchasing an additional 56 shares during the last quarter. Resources Management Corp CT ADV lifted its stake in shares of Avery Dennison by 0.8% in the 2nd quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock valued at $1,369,000 after purchasing an additional 62 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in Avery Dennison by 51.1% in the fourth quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 72 shares in the last quarter. Finally, Rothschild Investment LLC increased its position in Avery Dennison by 22.9% during the fourth quarter. Rothschild Investment LLC now owns 387 shares of the industrial products company’s stock worth $70,000 after buying an additional 72 shares during the last quarter. 94.17% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Argus set a $175.00 target price on Avery Dennison in a report on Thursday, June 4th. Raymond James Financial set a $192.00 price target on Avery Dennison in a research note on Tuesday, April 21st. JPMorgan Chase & Co. increased their price objective on Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday. Bank of America raised their price objective on Avery Dennison from $202.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, Weiss Ratings lowered Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Avery Dennison has a consensus rating of “Moderate Buy” and an average target price of $201.22.

Trending Headlines about Avery Dennison

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

• Positive Sentiment: Q2 results beat estimates: Avery Dennison reported adjusted earnings of $2.89 per share versus the $2.47 consensus estimate, while revenue reached $2.46 billion, above the $2.30 billion forecast. Revenue increased 10.9% year over year, supported by pricing, productivity gains and volume growth. Avery Dennison Q2 earnings report
• Positive Sentiment: Materials Group showed strong momentum: Materials Group sales rose 15.9% to approximately $1.80 billion, helping offset a 0.5% decline in Solutions Group sales. Net income increased 8% to $204.1 million, and the company returned $347 million to shareholders through dividends and repurchases during the first half. Avery Dennison Q2 sales and earnings
• Positive Sentiment: Analyst confidence improved: JPMorgan raised its price target from $185 to $190 and assigned an “overweight” rating, implying roughly 11.5% potential upside from the referenced price. The upgrade reinforces investor optimism following the earnings release. JPMorgan raises Avery Dennison price target
• Neutral Sentiment: Guidance supports the bull case but requires execution: Avery Dennison provided full-year 2026 reported EPS guidance of $9.40 to $9.70. The earnings call highlighted continued benefits from pricing and productivity, but investors will monitor whether those gains persist as demand conditions evolve. Avery Dennison earnings and guidance analysis
• Negative Sentiment: Destocking is a risk: The company flagged possible customer destocking in the second half, which could pressure volumes and temper the earnings momentum reflected in the latest quarter. Solutions Group’s year-over-year sales decline also signals uneven performance across the portfolio. Avery Dennison Q2 earnings analysis
• Negative Sentiment: Insider selling may weigh on sentiment: Reported insider activity showed 24 sales and no purchases over the past six months, including substantial selling by senior executives. While insider transactions do not necessarily reflect operating expectations, the imbalance may concern some investors.

Avery Dennison Stock Performance

Shares of AVY opened at $170.33 on Friday. The company has a market capitalization of $13.03 billion, a PE ratio of 18.66, a price-to-earnings-growth ratio of 3.11 and a beta of 0.82. Avery Dennison Corporation has a one year low of $152.42 and a one year high of $199.54. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.80. The company’s fifty day moving average price is $160.66 and its 200 day moving average price is $171.23.

Avery Dennison (NYSE:AVY) last released its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The firm had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.30 billion. During the same quarter in the previous year, the business earned $2.42 EPS. The business’s revenue was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. As a group, analysts expect that Avery Dennison Corporation will post 10 earnings per share for the current year.

Avery Dennison Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, September 2nd. Avery Dennison’s payout ratio is currently 45.10%.

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.