Illinois Municipal Retirement Fund Has $5.29 Million Holdings in Avery Dennison Corporation $AVY

Illinois Municipal Retirement Fund decreased its position in Avery Dennison Corporation (NYSE:AVY) by 11.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 32,638 shares of the industrial products company’s stock after selling 4,252 shares during the period. Illinois Municipal Retirement Fund’s holdings in Avery Dennison were worth $5,293,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Avery Dennison in the third quarter worth $29,000. Vermillion & White Wealth Management Group LLC lifted its stake in Avery Dennison by 89.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 80 shares in the last quarter. NewSquare Capital LLC boosted its position in Avery Dennison by 156.2% during the 2nd quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 114 shares during the period. Atlantic Union Bankshares Corp purchased a new position in Avery Dennison during the 2nd quarter valued at about $35,000. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Avery Dennison in the 2nd quarter valued at about $37,000. 94.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. JPMorgan Chase & Co. raised their price target on shares of Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. BMO Capital Markets upped their price target on shares of Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Argus set a $200.00 price objective on Avery Dennison in a report on Tuesday, October 28th. Finally, UBS Group boosted their target price on Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $208.45.

Insider Buying and Selling at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction 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 transaction, the senior vice president directly owned 7,588 shares in the company, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.84% of the company’s stock.

Avery Dennison Stock Up 0.1%

AVY stock opened at $195.76 on Friday. The firm has a market cap of $15.13 billion, a PE ratio of 22.30, a PEG ratio of 3.48 and a beta of 1.00. Avery Dennison Corporation has a 1 year low of $156.23 and a 1 year high of $197.54. The company has a fifty day simple moving average of $185.21 and a 200 day simple moving average of $174.98. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43.

Avery Dennison (NYSE:AVY) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.05. The company had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The business’s revenue was up 3.9% compared to the same quarter last year. During the same period last year, the company earned $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Sell-side analysts anticipate that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, March 4th. Avery Dennison’s dividend payout ratio (DPR) is 42.82%.

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.