Arbejdsmarkedets Tillaegspension Acquires New Stake in Avery Dennison Corporation $AVY

Arbejdsmarkedets Tillaegspension acquired a new stake in Avery Dennison Corporation (NYSE:AVY) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 134,491 shares of the industrial products company’s stock, valued at approximately $24,461,000. Avery Dennison accounts for 0.6% of Arbejdsmarkedets Tillaegspension’s portfolio, making the stock its 23rd largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pinnacle Associates Ltd. raised its stake in Avery Dennison by 2.0% in the 4th quarter. Pinnacle Associates Ltd. now owns 8,236 shares of the industrial products company’s stock valued at $1,498,000 after acquiring an additional 160 shares during the period. Allworth Financial LP raised its stake in Avery Dennison by 31.6% in the 4th quarter. Allworth Financial LP now owns 1,615 shares of the industrial products company’s stock valued at $294,000 after acquiring an additional 388 shares during the period. Independent Advisor Alliance bought a new stake in Avery Dennison in the 4th quarter valued at about $205,000. Rinkey Investments bought a new stake in Avery Dennison in the 4th quarter valued at about $317,000. Finally, Swiss Life Asset Management Ltd raised its stake in Avery Dennison by 97.4% in the 4th quarter. Swiss Life Asset Management Ltd now owns 48,761 shares of the industrial products company’s stock valued at $8,869,000 after acquiring an additional 24,061 shares during the period. 94.17% of the stock is currently owned by institutional investors.

Insider Activity at Avery Dennison

In other news, Director Mitchell R. Butier sold 20,000 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the completion of the transaction, the director owned 211,147 shares of the company’s stock, valued at approximately $36,714,240.36. The trade was a 8.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.81% of the company’s stock.

Avery Dennison Stock Up 0.2%

Shares of NYSE AVY opened at $159.09 on Friday. Avery Dennison Corporation has a 12 month low of $156.23 and a 12 month 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. The firm has a market capitalization of $12.17 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 2.73 and a beta of 0.84. The business has a 50-day moving average of $169.04 and a 200-day moving average of $177.83.

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, topping the consensus estimate of $2.41 by $0.06. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the previous year, the firm earned $2.30 earnings per share. Avery Dennison’s revenue was up 7.0% on a year-over-year basis. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Sell-side analysts expect that Avery Dennison Corporation will post 10.05 earnings per share for the current fiscal year.

Avery Dennison Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. Avery Dennison’s payout ratio is presently 42.39%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on AVY shares. Deutsche Bank Aktiengesellschaft initiated coverage on Avery Dennison in a research note on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price objective on the stock. JPMorgan Chase & Co. decreased their price target on Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research report on Friday, March 27th. Truist Financial reiterated a “buy” rating and set a $221.00 price target (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. Finally, Citigroup decreased their price target on Avery Dennison from $190.00 to $185.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $204.11.

Trending Headlines about Avery Dennison

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Zacks Research raised its FY2028 EPS estimate for Avery Dennison, implying slightly stronger long-term earnings potential.
• Positive Sentiment: The firm also increased its Q1 2027 EPS estimate, and its projections still point to earnings growth in 2027 and 2028 versus 2026.
• Neutral Sentiment: A Seeking Alpha article titled “Avery Dennison: Hold For Now, Due To Uneven Segment Results” adds to the cautious tone, highlighting uneven performance across business segments. Article Title
• Negative Sentiment: Zacks Research cut multiple near-term earnings estimates, including FY2026, Q2 2026, Q3 2026, FY2027, Q4 2026, Q2 2027, and Q3 2027, which can weigh on investor sentiment for Avery Dennison.

About Avery Dennison

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.