Deutsche Bank AG Invests $92.79 Million in Avery Dennison Corporation $AVY

Deutsche Bank AG bought a new stake in shares of Avery Dennison Corporation (NYSE:AVY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 571,550 shares of the industrial products company’s stock, valued at approximately $92,791,000.

Other institutional investors have also recently bought and sold shares of the company. Trust Co. of Vermont purchased a new stake in shares of Avery Dennison in the 2nd quarter valued at approximately $27,000. Elevation Wealth Partners LLC raised its stake in Avery Dennison by 684.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 171 shares during the period. Root Financial Partners LLC lifted its holdings in shares of Avery Dennison by 60.8% in the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 73 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in shares of Avery Dennison in the third quarter worth $36,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in shares of Avery Dennison in the fourth quarter worth $37,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Avery Dennison Trading Down 0.3%

Avery Dennison stock opened at $182.67 on Friday. Avery Dennison Corporation has a one year low of $152.42 and a one year high of $199.54. The company has a market capitalization of $13.84 billion, a price-to-earnings ratio of 20.01, a PEG ratio of 3.00 and a beta of 0.81. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79. The company’s fifty day moving average price is $166.31 and its two-hundred day moving average price is $170.22.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The business had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.30 billion. During the same period in the previous year, the company earned $2.42 earnings per share. Avery Dennison’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. On average, analysts forecast that Avery Dennison Corporation will post 10.15 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, September 2nd. Avery Dennison’s dividend payout ratio is presently 43.81%.

Analyst Ratings Changes

Several research firms recently weighed in on AVY. Argus set a $175.00 price target on Avery Dennison in a research report on Thursday, June 4th. Truist Financial lowered their target price on Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. JPMorgan Chase & Co. increased their price target on shares of Avery Dennison from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Wall Street Zen raised shares of Avery Dennison from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, UBS Group upped their price objective on shares of Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Avery Dennison has an average rating of “Moderate Buy” and an average target price of $201.22.

Insider Buying and Selling

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of the firm’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 completion of the transaction, the senior vice president owned 7,585 shares in the company, valued at $1,301,661.85. This trade represents a 18.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.81% of the stock is currently owned by corporate insiders.

Avery Dennison Company 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.