Avery Dennison Corporation $AVY Shares Purchased by UBS Group AG

UBS Group AG boosted its stake in Avery Dennison Corporation (NYSE:AVY) by 42.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 334,262 shares of the industrial products company’s stock after acquiring an additional 99,669 shares during the period. UBS Group AG owned 0.43% of Avery Dennison worth $60,796,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Brindle & Bay Financial Advisors LLC acquired a new position in Avery Dennison in the 4th quarter valued at about $782,000. AEGON ASSET MANAGEMENT UK Plc increased its position in Avery Dennison by 9.9% during the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 213,450 shares of the industrial products company’s stock worth $38,837,000 after purchasing an additional 19,168 shares during the period. Vanguard Group Inc. increased its position in Avery Dennison by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 10,448,799 shares of the industrial products company’s stock worth $1,900,428,000 after purchasing an additional 69,662 shares during the period. Concurrent Investment Advisors LLC increased its position in Avery Dennison by 7.8% during the 4th quarter. Concurrent Investment Advisors LLC now owns 5,514 shares of the industrial products company’s stock worth $1,003,000 after purchasing an additional 400 shares during the period. Finally, Chicago Partners Investment Group LLC increased its position in Avery Dennison by 54.4% during the 4th quarter. Chicago Partners Investment Group LLC now owns 4,146 shares of the industrial products company’s stock worth $777,000 after purchasing an additional 1,461 shares during the period. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Price Performance

AVY stock opened at $160.28 on Tuesday. Avery Dennison Corporation has a 1 year low of $156.23 and a 1 year high of $199.54. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15. The stock’s 50 day moving average price is $174.26 and its 200 day moving average price is $178.19. The firm has a market cap of $12.33 billion, a P/E ratio of 18.07, a PEG ratio of 2.80 and a beta of 0.84.

Avery Dennison (NYSE:AVY) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.41 by $0.06. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the prior year, the company earned $2.30 EPS. Avery Dennison’s revenue was up 7.0% on a year-over-year basis. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, sell-side analysts expect that Avery Dennison Corporation will post 10.06 earnings per share 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. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.5%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s dividend payout ratio is currently 45.10%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Citigroup dropped their target price on Avery Dennison from $190.00 to $185.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. BMO Capital Markets boosted their price target on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Raymond James Financial set a $192.00 price objective on Avery Dennison in a report on Tuesday, April 21st. JPMorgan Chase & Co. lowered their target price on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Avery Dennison in a report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 target price on the stock. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Avery Dennison currently has a consensus rating of “Moderate Buy” and a consensus target price of $204.11.

Insiders Place Their Bets

In other Avery Dennison news, Director Mitchell R. Butier sold 20,000 shares of the stock in a transaction 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. This represents a 8.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Ignacio J. Walker sold 1,156 shares of the stock in a transaction 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 transaction, the senior vice president directly owned 7,588 shares in the company, 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 three months, insiders have sold 34,156 shares of company stock worth $5,930,150. Corporate 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.