Fjarde AP Fonden Fourth Swedish National Pension Fund Has $3.37 Million Stock Position in Avery Dennison Corporation $AVY

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Avery Dennison Corporation (NYSE:AVYFree Report) by 74.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,500 shares of the industrial products company’s stock after buying an additional 7,900 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Avery Dennison were worth $3,365,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Bartlett & CO. Wealth Management LLC grew its holdings in shares of Avery Dennison by 16,900.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after buying an additional 169 shares during the last quarter. Root Financial Partners LLC grew its holdings in shares of Avery Dennison by 60.8% during the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after buying an additional 73 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in shares of Avery Dennison during the fourth quarter valued at about $37,000. CYBER HORNET ETFs LLC acquired a new position in shares of Avery Dennison during the second quarter valued at about $37,000. Finally, Sound Income Strategies LLC grew its holdings in shares of Avery Dennison by 51.1% during the fourth quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company’s stock valued at $40,000 after buying an additional 72 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Avery Dennison news, Director Mitchell R. Butier sold 13,000 shares of Avery Dennison stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $171.50, for a total value of $2,229,500.00. Following the sale, the director owned 198,147 shares of the company’s stock, valued at approximately $33,982,210.50. The trade was a 6.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.81% of the company’s stock.

Avery Dennison Stock Performance

Shares of AVY stock opened at $152.94 on Tuesday. The firm has a market cap of $11.70 billion, a price-to-earnings ratio of 17.24, a P/E/G ratio of 2.67 and a beta of 0.82. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15. Avery Dennison Corporation has a 52 week low of $152.42 and a 52 week high of $199.54. The firm’s 50-day simple moving average is $164.14 and its two-hundred day simple moving average is $175.78.

Avery Dennison (NYSE:AVYGet Free Report) last announced 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. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.30 earnings per share. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, equities analysts forecast that Avery Dennison Corporation will post 10.05 earnings per share for the current year.

Avery Dennison Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be given a $1.00 dividend. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. This represents a $4.00 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, June 3rd. Avery Dennison’s payout ratio is presently 45.10%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on AVY shares. Raymond James Financial set a $192.00 price objective on shares of Avery Dennison in a report on Tuesday, April 21st. Citigroup reduced their price objective on shares of Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft started coverage on shares of Avery Dennison in a report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price objective for the company. Truist Financial restated a “buy” rating and set a $221.00 price target (down from $223.00) on shares of Avery Dennison in a report on Wednesday, April 29th. Finally, UBS Group cut their price target on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $201.33.

Read Our Latest Stock Analysis on Avery Dennison

Avery Dennison Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Avery Dennison (NYSE:AVY)

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