Asset Management One Co. Ltd. Lowers Stake in Avery Dennison Corporation $AVY

Asset Management One Co. Ltd. lessened its position in Avery Dennison Corporation (NYSE:AVY) by 32.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,508 shares of the industrial products company’s stock after selling 15,781 shares during the period. Asset Management One Co. Ltd.’s holdings in Avery Dennison were worth $5,272,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Fifth Third Bancorp grew its position in Avery Dennison by 5.9% during the second quarter. Fifth Third Bancorp now owns 3,494 shares of the industrial products company’s stock valued at $613,000 after acquiring an additional 196 shares during the period. DNB Asset Management AS lifted its stake in shares of Avery Dennison by 4.3% in the 2nd quarter. DNB Asset Management AS now owns 16,398 shares of the industrial products company’s stock valued at $2,877,000 after purchasing an additional 676 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Avery Dennison by 567.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 149,026 shares of the industrial products company’s stock worth $24,168,000 after purchasing an additional 126,704 shares during the period. Assetmark Inc. increased its position in Avery Dennison by 1,018.3% during the 2nd quarter. Assetmark Inc. now owns 1,588 shares of the industrial products company’s stock worth $279,000 after purchasing an additional 1,446 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in Avery Dennison in the second quarter valued at approximately $1,180,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Stock Up 3.0%

Shares of Avery Dennison stock opened at $186.03 on Friday. Avery Dennison Corporation has a 1-year low of $156.23 and a 1-year high of $196.40. The company has a market capitalization of $14.38 billion, a PE ratio of 21.16, a P/E/G ratio of 3.04 and a beta of 1.00. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.26 and a quick ratio of 0.89. The business has a 50-day moving average of $176.88 and a 200-day moving average of $173.33.

Avery Dennison (NYSE:AVY) last released its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.32 by $0.05. Avery Dennison had a return on equity of 33.67% and a net margin of 7.93%.The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same quarter in the previous year, the firm posted $2.33 earnings per share. The company’s revenue was up 1.5% compared to the same quarter last year. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. As a group, equities analysts forecast that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were given a dividend of $0.94 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.0%. Avery Dennison’s dividend payout ratio (DPR) is presently 42.78%.

Analysts Set New Price Targets

Several research firms have recently issued reports on AVY. Truist Financial increased their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research report on Tuesday. Citigroup increased their price target on Avery Dennison from $180.00 to $188.00 and gave the company a “neutral” rating in a report on Tuesday. Argus set a $200.00 price objective on Avery Dennison in a research report on Tuesday, October 28th. JPMorgan Chase & Co. raised Avery Dennison from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $182.00 to $195.00 in a research report on Thursday, October 23rd. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $210.00 target price on shares of Avery Dennison in a report on Thursday, October 23rd. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $204.36.

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.