Avery Dennison Corporation $AVY Stock Acquired by State of Alaska Department of Revenue

Posted by Geri Gentry on Oct 17th, 2026

State of Alaska Department of Revenue boosted its position in Avery Dennison Corporation (NYSE:AVY – Free Report) by 159.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 37,429 shares of the industrial products company’s stock after purchasing an additional 23,026 shares during the quarter. State of Alaska Department of Revenue’s holdings in Avery Dennison were worth $6,388,000 at the end of the most recent quarter.

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

Avery Dennison Price Performance

AVY traded down $0.41 during trading on Friday, reaching $175.47. The stock had a trading volume of 563,351 shares, compared to its average volume of 751,065. The stock has a 50 day moving average of $173.89 and a two-hundred day moving average of $167.18. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37. The firm has a market capitalization of $13.30 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 2.11 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.

Avery Dennison (NYSE:AVY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.30 billion. During the same period last year, the firm 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, equities analysts anticipate that Avery Dennison Corporation will post 10.15 EPS for the current fiscal year.

Avery Dennison Announces Dividend

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

Insider Transactions at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. 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 value of $298,944.62. Following the completion of the sale, the senior vice president directly owned 7,585 shares of the company’s stock, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Nicholas Colisto sold 3,886 shares of the company’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $170.68, for a total transaction of $663,262.48. Following the completion of the sale, the senior vice president directly owned 7,126 shares of the company’s stock, valued at $1,216,265.68. The trade was a 35.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.81% of the stock is owned by insiders.

Wall Street Analyst Weigh In

AVY has been the subject of several recent analyst reports. Weiss Ratings raised Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Citigroup lifted their price objective on shares of Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Bank of America reaffirmed a “buy” rating on shares of Avery Dennison in a report on Friday, August 14th. Finally, UBS Group increased their target price on shares of Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Avery Dennison currently has an average rating of “Moderate Buy” and an average target price of $199.10.

View Our Latest Stock Report on Avery Dennison

Avery Dennison Company Profile

(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.