United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Purchases 9,200 Shares of Avery Dennison Corporation $AVY

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in shares of Avery Dennison Corporation (NYSE:AVY) by 184.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,200 shares of the industrial products company’s stock after purchasing an additional 9,200 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Avery Dennison were worth $2,583,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Ilmarinen Mutual Pension Insurance Co bought a new position in Avery Dennison during the 4th quarter worth approximately $2,364,000. Baker Avenue Asset Management LP raised its holdings in Avery Dennison by 138.0% during the 4th quarter. Baker Avenue Asset Management LP now owns 3,210 shares of the industrial products company’s stock worth $584,000 after purchasing an additional 1,861 shares during the last quarter. Godfrey Financial Associates Inc. bought a new position in Avery Dennison during the 4th quarter worth approximately $37,000. Huntington National Bank raised its holdings in Avery Dennison by 3.2% during the 4th quarter. Huntington National Bank now owns 1,832 shares of the industrial products company’s stock worth $333,000 after purchasing an additional 56 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in Avery Dennison by 50.0% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 294 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 98 shares during the last quarter. Institutional investors own 94.17% of the company’s stock.

Analysts Set New Price Targets

AVY has been the subject of several research analyst reports. UBS Group lowered their price objective on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research note on Friday, April 10th. JPMorgan Chase & Co. lowered their price objective on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research note on Friday, March 27th. Citigroup lowered their price objective on shares of Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Finally, BMO Capital Markets lifted their price objective on shares of Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a research note on Friday, February 6th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $204.11.

Avery Dennison Stock Performance

Shares of AVY stock opened at $159.25 on Friday. The firm has a market capitalization of $12.18 billion, a PE ratio of 17.95, a price-to-earnings-growth ratio of 2.77 and a beta of 0.84. The firm has a fifty day simple moving average of $165.42 and a two-hundred day simple moving average of $176.51. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 1.38. Avery Dennison Corporation has a 12 month low of $152.68 and a 12 month high of $199.54.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.41 by $0.06. The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.26 billion. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. Avery Dennison’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Analysts forecast that Avery Dennison Corporation will post 10.05 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be paid a dividend of $1.00 per share. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date is Wednesday, June 3rd. This represents a $4.00 dividend on an annualized basis and a yield of 2.5%. Avery Dennison’s dividend payout ratio (DPR) is presently 42.39%.

Insider Buying and Selling

In other Avery Dennison news, Director Mitchell R. Butier sold 13,000 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the completion of the sale, the director owned 198,147 shares in the company, valued at approximately $33,982,210.50. The trade was a 6.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.81% of the company’s stock.

Avery Dennison 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.