Avery Dennison Corporation $AVY Shares Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH grew its position in shares of Avery Dennison Corporation (NYSE:AVY) by 18.9% in the third quarter, Holdings Channel reports. The institutional investor owned 22,342 shares of the industrial products company’s stock after buying an additional 3,550 shares during the period. Allianz Asset Management GmbH’s holdings in Avery Dennison were worth $3,623,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in AVY. WCM Investment Management LLC acquired a new position in shares of Avery Dennison during the 3rd quarter worth $2,785,000. Keeler Thomas Management LLC lifted its stake in shares of Avery Dennison by 1.7% in the third quarter. Keeler Thomas Management LLC now owns 6,970 shares of the industrial products company’s stock valued at $1,130,000 after purchasing an additional 115 shares during the period. Atlantic Union Bankshares Corp grew its position in Avery Dennison by 77.5% during the third quarter. Atlantic Union Bankshares Corp now owns 355 shares of the industrial products company’s stock worth $58,000 after buying an additional 155 shares during the period. AGF Management Ltd. increased its holdings in Avery Dennison by 9.6% in the third quarter. AGF Management Ltd. now owns 18,686 shares of the industrial products company’s stock valued at $3,030,000 after buying an additional 1,640 shares in the last quarter. Finally, Woodmont Investment Counsel LLC acquired a new stake in shares of Avery Dennison during the 3rd quarter valued at approximately $2,011,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AVY shares. JPMorgan Chase & Co. lifted their price objective on Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Argus set a $200.00 price objective on shares of Avery Dennison in a research report on Tuesday, October 28th. UBS Group raised their target price on shares of Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Finally, Citigroup upped their price target on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a report on Friday. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $208.45.

Avery Dennison Stock Performance

NYSE AVY opened at $190.72 on Wednesday. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. Avery Dennison Corporation has a 1-year low of $156.23 and a 1-year high of $196.00. The firm has a market capitalization of $14.74 billion, a P/E ratio of 21.72, a P/E/G ratio of 3.34 and a beta of 1.00. The business’s 50-day simple moving average is $184.13 and its 200-day simple moving average is $174.54.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. The firm had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Equities analysts predict that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be issued a dividend of $0.94 per share. The ex-dividend date is Wednesday, March 4th. This represents a $3.76 annualized dividend and a yield of 2.0%. Avery Dennison’s payout ratio is currently 42.82%.

Insider Activity at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the sale, the senior vice president owned 7,588 shares in the company, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.84% of the company’s stock.

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.