Avery Dennison Corporation $AVY Stake Lifted by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA increased its stake in shares of Avery Dennison Corporation (NYSE:AVY) by 4.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,008,727 shares of the industrial products company’s stock after acquiring an additional 41,714 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Avery Dennison were worth $183,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in AVY. Empowered Funds LLC grew its stake in Avery Dennison by 6.4% during the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock worth $2,409,000 after buying an additional 819 shares during the last quarter. Focus Partners Wealth grew its stake in Avery Dennison by 7.6% during the 1st quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock worth $697,000 after buying an additional 278 shares during the last quarter. Intech Investment Management LLC bought a new position in Avery Dennison during the 1st quarter worth $1,209,000. EverSource Wealth Advisors LLC grew its stake in Avery Dennison by 164.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 389 shares of the industrial products company’s stock worth $68,000 after buying an additional 242 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in Avery Dennison during the 2nd quarter worth $241,000. 94.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

AVY has been the subject of a number of analyst reports. 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 report on Friday, February 6th. Deutsche Bank Aktiengesellschaft initiated coverage on Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price target for the company. UBS Group reduced their price target on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research report on Friday. Citigroup boosted their price target on Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. boosted their price target on Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Avery Dennison presently has a consensus rating of “Moderate Buy” and an average price target of $207.42.

Avery Dennison Trading Down 0.1%

Shares of AVY stock opened at $171.04 on Monday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. Avery Dennison Corporation has a 1 year low of $156.23 and a 1 year high of $199.54. The stock has a fifty day moving average of $181.14 and a two-hundred day moving average of $177.51. The firm has a market capitalization of $13.16 billion, a PE ratio of 19.48, a price-to-earnings-growth ratio of 2.82 and a beta of 1.00.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data 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 business had revenue of $2.27 billion during 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 company’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior 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, research analysts expect that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were issued a $0.94 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $3.76 annualized dividend and a dividend yield of 2.2%. Avery Dennison’s dividend payout ratio is 42.82%.

Insider Activity at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction that occurred 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 owned 7,588 shares of the company’s stock, valued at $1,464,104.60. The trade was a 13.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mitchell R. Butier sold 20,000 shares of Avery Dennison stock in a transaction that occurred 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 completion of the transaction, the director directly owned 211,147 shares in the company, valued at $36,714,240.36. This represents a 8.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 34,156 shares of company stock worth $5,930,150 in the last ninety days. Corporate insiders own 0.81% of the company’s stock.

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.