5,000 Shares in Avery Dennison Corporation $AVY Purchased by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in Avery Dennison Corporation (NYSE:AVY) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,000 shares of the industrial products company’s stock, valued at approximately $811,000.

Several other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in Avery Dennison by 3.6% during the 3rd quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock valued at $1,683,185,000 after buying an additional 361,231 shares in the last quarter. State Street Corp boosted its holdings in Avery Dennison by 0.6% in the second quarter. State Street Corp now owns 3,646,614 shares of the industrial products company’s stock worth $639,871,000 after acquiring an additional 23,309 shares in the last quarter. Invesco Ltd. grew its stake in shares of Avery Dennison by 2.6% in the second quarter. Invesco Ltd. now owns 1,582,590 shares of the industrial products company’s stock worth $277,697,000 after acquiring an additional 40,803 shares during the last quarter. Norges Bank purchased a new stake in shares of Avery Dennison in the second quarter worth $174,425,000. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Avery Dennison by 2.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 967,013 shares of the industrial products company’s stock valued at $156,820,000 after acquiring an additional 27,451 shares in the last quarter. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the completion of the sale, the senior vice president directly owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.84% of the company’s stock.

Avery Dennison Stock Down 2.1%

Avery Dennison stock opened at $179.80 on Friday. Avery Dennison Corporation has a one year low of $156.23 and a one year high of $199.54. The stock has a fifty day moving average of $188.74 and a 200 day moving average of $177.20. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. The stock has a market cap of $13.82 billion, a PE ratio of 20.48, a price-to-earnings-growth ratio of 3.21 and a beta of 0.97.

Avery Dennison (NYSE:AVY) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.05. The business had revenue of $2.27 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 3.9% on a year-over-year basis. During the same period last year, the firm posted $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, sell-side analysts predict that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be issued a $0.94 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.1%. Avery Dennison’s dividend payout ratio (DPR) is presently 42.82%.

Analyst Ratings Changes

A number of brokerages recently issued reports on AVY. JPMorgan Chase & Co. upped their price target on shares of Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. UBS Group raised their price objective on shares of Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Truist Financial lifted their target price on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. BMO Capital Markets increased their price target on shares of Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Finally, Citigroup raised their price target on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $208.45.

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.