Avery Dennison Corporation $AVY Stock Holdings Lowered by Swiss National Bank

Swiss National Bank lessened its position in Avery Dennison Corporation (NYSE:AVY) by 5.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 225,400 shares of the industrial products company’s stock after selling 13,700 shares during the period. Swiss National Bank’s holdings in Avery Dennison were worth $36,553,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of AVY. Vanguard Group Inc. increased its stake in shares of Avery Dennison by 3.6% during the third quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock valued at $1,683,185,000 after acquiring an additional 361,231 shares during the period. DNB Asset Management AS lifted its position in Avery Dennison by 4.3% in the second quarter. DNB Asset Management AS now owns 16,398 shares of the industrial products company’s stock worth $2,877,000 after purchasing an additional 676 shares during the period. Johnson Investment Counsel Inc. lifted its position in Avery Dennison by 11.7% in the third quarter. Johnson Investment Counsel Inc. now owns 351,635 shares of the industrial products company’s stock worth $57,025,000 after purchasing an additional 36,698 shares during the period. WCM Investment Management LLC bought a new position in Avery Dennison during the 3rd quarter valued at $2,785,000. Finally, Assenagon Asset Management S.A. increased its position in shares of Avery Dennison by 567.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 149,026 shares of the industrial products company’s stock valued at $24,168,000 after purchasing an additional 126,704 shares during the period. 94.17% of the stock is currently owned by institutional investors.

Avery Dennison Price Performance

Shares of AVY traded down $0.15 during trading hours on Friday, hitting $170.87. 108,840 shares of the company were exchanged, compared to its average volume of 639,747. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. The company has a market capitalization of $13.14 billion, a PE ratio of 19.44, a PEG ratio of 3.12 and a beta of 0.97. The firm has a fifty day simple moving average of $188.08 and a 200-day simple moving average of $177.12. Avery Dennison Corporation has a one year low of $156.23 and a one year high of $199.54.

Avery Dennison (NYSE:AVY) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.40 by $0.05. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the business posted $2.38 earnings per share. Avery Dennison’s revenue was up 3.9% compared to the same quarter last year. 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 earnings per share for the current year.

Avery Dennison Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.94 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a yield of 2.2%. Avery Dennison’s dividend payout ratio is currently 42.82%.

Analyst Ratings Changes

A number of research firms have recently commented on AVY. JPMorgan Chase & Co. boosted their price objective on 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 lifted their target price on Avery Dennison from $218.00 to $226.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Citigroup upped their price target on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, BMO Capital Markets raised their price objective on shares of Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $208.45.

Insider Activity at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were 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 directly owned 7,588 shares in the company, valued at $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.84% of the stock is currently owned by insiders.

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.