Commerzbank Aktiengesellschaft FI Has $734,000 Stock Position in Avery Dennison Corporation $AVY

Commerzbank Aktiengesellschaft FI lifted its position in Avery Dennison Corporation (NYSE:AVY) by 32.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,181 shares of the industrial products company’s stock after buying an additional 1,036 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Avery Dennison were worth $734,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Choreo LLC raised its stake in Avery Dennison by 1.5% during the 1st quarter. Choreo LLC now owns 12,380 shares of the industrial products company’s stock valued at $2,203,000 after purchasing an additional 185 shares during the last quarter. Fifth Third Bancorp raised its stake in Avery Dennison by 5.9% during the 2nd quarter. Fifth Third Bancorp now owns 3,494 shares of the industrial products company’s stock valued at $613,000 after purchasing an additional 196 shares during the last quarter. Brown Advisory Inc. raised its stake in Avery Dennison by 3.6% during the 1st quarter. Brown Advisory Inc. now owns 2,169 shares of the industrial products company’s stock valued at $386,000 after purchasing an additional 76 shares during the last quarter. GAMMA Investing LLC raised its stake in Avery Dennison by 9.4% during the 1st quarter. GAMMA Investing LLC now owns 2,409 shares of the industrial products company’s stock valued at $429,000 after purchasing an additional 207 shares during the last quarter. Finally, Spire Wealth Management raised its stake in Avery Dennison by 630.9% during the 1st quarter. Spire Wealth Management now owns 2,200 shares of the industrial products company’s stock valued at $392,000 after purchasing an additional 1,899 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Avery Dennison Stock Down 1.4%

Shares of NYSE AVY opened at $158.50 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.04 and a debt-to-equity ratio of 1.19. Avery Dennison Corporation has a 12-month low of $157.00 and a 12-month high of $222.16. The company has a market cap of $12.36 billion, a price-to-earnings ratio of 17.79, a price-to-earnings-growth ratio of 2.48 and a beta of 0.95. The firm’s 50-day simple moving average is $167.83 and its 200 day simple moving average is $173.13.

Avery Dennison (NYSE:AVY) last released its earnings results on Tuesday, July 22nd. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.38 by $0.04. Avery Dennison had a net margin of 8.14% and a return on equity of 33.14%. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same period in the prior year, the company posted $2.42 EPS. The company’s revenue was down .7% compared to the same quarter last year. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. On average, research analysts expect that Avery Dennison Corporation will post 9.96 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd were given a dividend of $0.94 per share. The ex-dividend date was Wednesday, September 3rd. This represents a $3.76 dividend on an annualized basis and a yield of 2.4%. Avery Dennison’s dividend payout ratio is presently 42.20%.

Analyst Upgrades and Downgrades

AVY has been the topic of several analyst reports. Bank of America boosted their price target on shares of Avery Dennison from $195.00 to $208.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. Citigroup lowered their price target on shares of Avery Dennison from $191.00 to $177.00 and set a “neutral” rating on the stock in a report on Monday, September 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a report on Saturday, September 27th. BMO Capital Markets reissued an “outperform” rating and issued a $207.00 price target (down previously from $216.00) on shares of Avery Dennison in a report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. upped their target price on shares of Avery Dennison from $172.00 to $182.00 and gave the stock a “neutral” rating in a report on Wednesday, July 23rd. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $196.00.

About Avery Dennison

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.