Vanguard Group Inc. Buys 69,662 Shares of Avery Dennison Corporation $AVY

Vanguard Group Inc. lifted its stake in shares of Avery Dennison Corporation (NYSE:AVY) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,448,799 shares of the industrial products company’s stock after purchasing an additional 69,662 shares during the quarter. Vanguard Group Inc. owned 0.14% of Avery Dennison worth $1,900,428,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Portside Wealth Group LLC boosted its holdings in Avery Dennison by 4.7% during the 3rd quarter. Portside Wealth Group LLC now owns 1,340 shares of the industrial products company’s stock valued at $217,000 after acquiring an additional 60 shares during the period. Capital Investment Advisors LLC boosted its holdings in Avery Dennison by 3.4% during the 4th quarter. Capital Investment Advisors LLC now owns 1,838 shares of the industrial products company’s stock valued at $334,000 after acquiring an additional 61 shares during the period. Resources Management Corp CT ADV boosted its holdings in Avery Dennison by 0.8% during 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 acquiring an additional 62 shares during the period. Mather Group LLC. lifted its holdings in Avery Dennison by 3.6% in the 4th quarter. Mather Group LLC. now owns 1,860 shares of the industrial products company’s stock worth $338,000 after buying an additional 64 shares during the period. Finally, Arizona State Retirement System lifted its holdings in Avery Dennison by 0.3% in the 3rd quarter. Arizona State Retirement System now owns 23,151 shares of the industrial products company’s stock worth $3,754,000 after buying an additional 71 shares during the period. 94.17% of the stock is currently owned by institutional investors.

Insider Activity at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,156 shares of the stock in a transaction that occurred 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 completion of the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mitchell R. Butier sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total value of $3,477,600.00. Following the completion of the transaction, the director directly owned 211,147 shares of the company’s stock, valued at $36,714,240.36. This represents a 8.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 34,156 shares of company stock valued at $5,930,150 in the last three months. Corporate insiders own 0.81% of the company’s stock.

Analyst Upgrades and Downgrades

AVY has been the subject of several research analyst reports. BMO Capital Markets increased their price objective on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Citigroup dropped their price objective on Avery Dennison from $201.00 to $190.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Truist Financial reiterated a “buy” rating and issued a $221.00 price objective (down from $223.00) on shares of Avery Dennison in a report on Wednesday. JPMorgan Chase & Co. dropped their price objective on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a report on Friday, March 27th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $204.67.

Key Avery Dennison News

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

• Positive Sentiment: Q1 beat — AVY reported $2.47 EPS vs. $2.41 consensus and revenue of $2.30B (up ~7% YoY), driven by volume gains and cost control; this supports the company’s near-term profitability. Business Wire Q1 Release
• Positive Sentiment: Strategic push into sensor tech — Avery invested $75M in Wiliot to expand its digital identification/sensor capabilities, which could drive higher-margin solutions over time. Wiliot Investment
• Positive Sentiment: Analyst support remains — Truist reaffirmed a “buy” rating with a $221 price target, indicating substantial upside from current levels and suggesting some sell-side conviction in AVY’s longer-term story. Truist Rating
• Neutral Sentiment: Mixed segment performance and cadence — Management said Materials offset softness in Solutions, while intelligent labels (RFID/sensor products) are expected to ramp in the second half; this implies uneven near-term growth but potential H2 upside. Deep Dive / Call Highlights
• Negative Sentiment: Q2 guidance slightly below Street — AVY set Q2 EPS guidance of $2.430–2.53, versus a consensus near $2.53, signaling a modest miss at the midpoint and prompting caution on near-term results. Reuters on Q2 Guidance
• Negative Sentiment: Analyst price-target cut — JPMorgan trimmed its target from $205 to $185 (though kept an overweight rating), which can weigh on sentiment and near-term relative performance. JPMorgan PT Cut

Avery Dennison Stock Down 2.0%

Shares of NYSE:AVY opened at $163.21 on Thursday. Avery Dennison Corporation has a 52-week low of $156.23 and a 52-week high of $199.54. The firm has a market capitalization of $12.55 billion, a P/E ratio of 18.59, a P/E/G ratio of 2.73 and a beta of 1.00. The stock has a 50 day moving average price of $174.85 and a 200-day moving average price of $178.02. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13.

Avery Dennison (NYSE:AVY) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.41 by $0.06. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the prior year, the company earned $2.30 EPS. The business’s revenue was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, equities research analysts anticipate that Avery Dennison Corporation will post 10.07 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a $0.94 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $3.76 annualized dividend and a dividend yield of 2.3%. Avery Dennison’s dividend payout ratio is currently 42.82%.

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.