Navera Investment Management Ltd. Has $133.23 Million Stake in Avery Dennison Corporation $AVY

Navera Investment Management Ltd. lessened its position in Avery Dennison Corporation (NYSE:AVY) by 1.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 821,619 shares of the industrial products company’s stock after selling 8,417 shares during the period. Avery Dennison accounts for about 2.6% of Navera Investment Management Ltd.’s portfolio, making the stock its 19th biggest holding. Navera Investment Management Ltd. owned about 1.05% of Avery Dennison worth $133,231,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Avery Dennison during the second quarter worth $174,425,000. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH acquired a new stake in Avery Dennison in the second quarter valued at $39,077,000. Massachusetts Financial Services Co. MA raised its position in Avery Dennison by 15.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 939,562 shares of the industrial products company’s stock worth $164,865,000 after purchasing an additional 129,189 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in 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 worth $24,168,000 after buying an additional 126,704 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of Avery Dennison by 27.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 494,434 shares of the industrial products company’s stock valued at $86,762,000 after buying an additional 107,727 shares during the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $210.00 price objective on shares of Avery Dennison in a research note on Thursday, October 23rd. Truist Financial raised their price target on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Citigroup lifted their target price on shares of Avery Dennison from $180.00 to $188.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 6th. Finally, Argus set a $200.00 price target on shares of Avery Dennison in a research report on Tuesday, October 28th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $204.36.

Avery Dennison Stock Down 0.2%

Avery Dennison stock opened at $188.61 on Friday. The company has a market capitalization of $14.58 billion, a PE ratio of 21.46, a PEG ratio of 3.19 and a beta of 1.00. Avery Dennison Corporation has a 12-month low of $156.23 and a 12-month high of $196.40. The firm’s fifty day moving average is $178.59 and its 200 day moving average is $173.75. The company has a quick ratio of 0.89, a current ratio of 1.26 and a debt-to-equity ratio of 1.45.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.05. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.22 billion. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.33 earnings per share. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. As a group, sell-side analysts predict that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd were paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Wednesday, December 3rd. Avery Dennison’s dividend payout ratio (DPR) is 42.78%.

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.