Ardsley Advisory Partners LP Buys Shares of 21,000 Avery Dennison Corporation $AVY

Posted by George Bondi on Jun 18th, 2026

Ardsley Advisory Partners LP bought a new stake in Avery Dennison Corporation (NYSE:AVY – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 21,000 shares of the industrial products company’s stock, valued at approximately $3,819,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Avery Dennison by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 10,448,799 shares of the industrial products company’s stock valued at $1,900,428,000 after purchasing an additional 69,662 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Avery Dennison by 12.5% in the 3rd quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock valued at $942,039,000 after purchasing an additional 644,664 shares in the last quarter. Morgan Stanley increased its stake in shares of Avery Dennison by 20.1% during the 4th quarter. Morgan Stanley now owns 3,869,889 shares of the industrial products company’s stock valued at $703,856,000 after acquiring an additional 647,795 shares during the last quarter. State Street Corp increased its stake in shares of Avery Dennison by 0.9% during the 4th quarter. State Street Corp now owns 3,701,598 shares of the industrial products company’s stock valued at $673,247,000 after acquiring an additional 34,124 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Avery Dennison by 30.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock valued at $298,613,000 after acquiring an additional 435,156 shares during the last quarter. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Avery Dennison in a research note on Wednesday, April 1st. They set a “buy” rating and a $200.00 price objective for the company. Truist Financial reaffirmed a “buy” rating and set a $221.00 price objective (down from $223.00) on shares of Avery Dennison in a research note on Wednesday, April 29th. Argus set a $175.00 price objective on shares of Avery Dennison in a research note on Thursday, June 4th. Citigroup dropped their target price on shares of Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Finally, Raymond James Financial set a $192.00 target price on shares of Avery Dennison in a research report on Tuesday, April 21st. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $201.33.

Read Our Latest Report on Avery Dennison

Avery Dennison Stock Down 1.6%

AVY opened at $159.37 on Thursday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54. The firm has a 50 day moving average price of $162.55 and a 200 day moving average price of $175.27. The company has a market cap of $12.19 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 2.78 and a beta of 0.82.

Avery Dennison (NYSE:AVY – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.06. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter last year, the company earned $2.30 earnings per share. Avery Dennison’s revenue for the quarter was up 7.0% on a year-over-year basis. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Sell-side analysts expect that Avery Dennison Corporation will post 10.05 earnings per share for the current year.

Avery Dennison Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were paid a dividend of $1.00 per share. This is an increase from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date was Wednesday, June 3rd. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. Avery Dennison’s dividend payout ratio (DPR) is currently 45.10%.

Avery Dennison Profile

(Free Report)

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.