148,455 Shares in Avery Dennison Corporation $AVY Purchased by Ninety One North America Inc.

Posted by Geri Gentry on Oct 15th, 2026

Ninety One North America Inc. acquired a new position in Avery Dennison Corporation (NYSE:AVY – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 148,455 shares of the industrial products company’s stock, valued at approximately $25,337,000. Avery Dennison makes up about 1.3% of Ninety One North America Inc.’s investment portfolio, making the stock its 28th biggest holding.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Avery Dennison in the 2nd quarter valued at $1,052,464,000. Bank of America Corp DE purchased a new stake in shares of Avery Dennison during the 2nd quarter worth $142,169,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Avery Dennison during the 2nd quarter worth $118,728,000. Bank of New York Mellon Corp bought a new stake in Avery Dennison during the second quarter valued at about $101,896,000. Finally, Deutsche Bank AG bought a new stake in Avery Dennison during the second quarter valued at about $92,791,000. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Avery Dennison Stock Up 2.1%

Shares of AVY traded up $3.63 during midday trading on Thursday, hitting $175.47. 171,783 shares of the company’s stock traded hands, compared to its average volume of 744,740. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $13.30 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 2.05 and a beta of 0.79. Avery Dennison Corporation has a 1 year low of $152.42 and a 1 year high of $199.54. The firm’s fifty day moving average is $173.88 and its 200-day moving average is $167.06.

Avery Dennison (NYSE:AVY – Get Free Report) last announced its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.42. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%. The firm had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same period in the previous year, the business earned $2.42 EPS. The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. As a group, sell-side analysts anticipate that Avery Dennison Corporation will post 10.15 earnings per share for the current year.

Avery Dennison Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, September 2nd. Avery Dennison’s dividend payout ratio (DPR) is currently 43.81%.

Insider Transactions at Avery Dennison

In other news, SVP Nicholas Colisto sold 3,886 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total transaction of $663,262.48. Following the sale, the senior vice president owned 7,126 shares in the company, valued at approximately $1,216,265.68. The trade was a 35.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Ignacio Walker sold 1,742 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the transaction, the senior vice president owned 7,585 shares in the company, valued at approximately $1,301,661.85. This trade represents a 18.68% decrease in their position. The SEC filing for this sale provides additional information. 0.81% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Bank of America reiterated a “buy” rating on shares of Avery Dennison in a research note on Friday, August 14th. UBS Group raised their price target on shares of Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a report on Friday, July 31st. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Truist Financial cut their price objective on shares of Avery Dennison from $209.00 to $208.00 and set a “buy” rating on the stock in a research report on Monday. Finally, Weiss Ratings upgraded shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $199.10.

Read Our Latest Research Report on AVY

About Avery Dennison

(Free Report)

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops pressure-sensitive adhesives, functional materials and intelligent labeling solutions. Its products help identify, brand, decorate, track and protect products across a range of industries.

The company serves the apparel, retail, consumer goods, logistics, food, healthcare, automotive and industrial markets. Its offerings include label and graphic materials, self-adhesive tapes, specialty films, RFID inlays and tags, apparel labels, retail branding systems, packaging solutions and healthcare-related materials.

Avery Dennison was founded in 1935 by R.