50,543 Shares in Avery Dennison Corporation $AVY Bought by Mizuho Markets Cayman LP

Mizuho Markets Cayman LP purchased a new position in shares of Avery Dennison Corporation (NYSE:AVY) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 50,543 shares of the industrial products company’s stock, valued at approximately $8,728,000. Avery Dennison makes up about 0.5% of Mizuho Markets Cayman LP’s portfolio, making the stock its 27th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in AVY. First Trust Advisors LP increased its stake in shares of Avery Dennison by 1.0% during the 1st quarter. First Trust Advisors LP now owns 287,417 shares of the industrial products company’s stock worth $49,631,000 after purchasing an additional 2,771 shares during the last quarter. ABN Amro Investment Solutions lifted its stake in Avery Dennison by 6.9% in the 1st quarter. ABN Amro Investment Solutions now owns 18,115 shares of the industrial products company’s stock valued at $3,128,000 after purchasing an additional 1,172 shares during the last quarter. Oslo Pensjonsforsikring AS bought a new position in Avery Dennison during the first quarter worth about $60,000. WCM Investment Management LLC grew its holdings in Avery Dennison by 2.4% during the first quarter. WCM Investment Management LLC now owns 9,999 shares of the industrial products company’s stock worth $1,681,000 after purchasing an additional 235 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Avery Dennison by 2.5% during the first quarter. Dimensional Fund Advisors LP now owns 879,056 shares of the industrial products company’s stock worth $151,766,000 after buying an additional 21,044 shares during the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Stock Performance

NYSE:AVY opened at $157.85 on Thursday. The stock has a 50 day simple moving average of $159.52 and a 200 day simple moving average of $172.01. The stock has a market cap of $12.07 billion, a P/E ratio of 17.80, a PEG ratio of 2.77 and a beta of 0.82. Avery Dennison Corporation has a 1-year low of $152.42 and a 1-year high of $199.54. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 1.38.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.41 by $0.06. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Research analysts anticipate that Avery Dennison Corporation will post 10 earnings per share for the current year.

Avery Dennison Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date was Wednesday, June 3rd. Avery Dennison’s dividend payout ratio is currently 45.10%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AVY. UBS Group cut their price objective on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research report on Friday, April 10th. JPMorgan Chase & Co. decreased their target price on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Raymond James Financial set a $192.00 price target on Avery Dennison in a report on Tuesday, April 21st. Weiss Ratings cut shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Avery Dennison in a report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price objective on the stock. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $200.11.

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.