Avery Dennison Corporation $AVY Shares Acquired by iA Global Asset Management Inc.

iA Global Asset Management Inc. grew its position in Avery Dennison Corporation (NYSE:AVY) by 102.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,948 shares of the industrial products company’s stock after buying an additional 4,020 shares during the period. iA Global Asset Management Inc.’s holdings in Avery Dennison were worth $1,372,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in AVY. Coldstream Capital Management Inc. grew its position in Avery Dennison by 2.6% in the fourth quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company’s stock worth $393,000 after acquiring an additional 54 shares during the period. Huntington National Bank raised its holdings in Avery Dennison by 3.2% in the 4th quarter. Huntington National Bank now owns 1,832 shares of the industrial products company’s stock valued at $333,000 after buying an additional 56 shares during the period. Capital Investment Advisors LLC lifted its position in Avery Dennison by 3.4% in the fourth quarter. Capital Investment Advisors LLC now owns 1,838 shares of the industrial products company’s stock valued at $334,000 after buying an additional 61 shares during the last quarter. Resources Management Corp CT ADV boosted its stake in Avery Dennison by 0.8% during the second quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock worth $1,369,000 after buying an additional 62 shares during the period. Finally, Mather Group LLC. increased its position in shares of Avery Dennison by 3.6% during the fourth quarter. Mather Group LLC. now owns 1,860 shares of the industrial products company’s stock valued at $338,000 after acquiring an additional 64 shares during the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on AVY shares. Weiss Ratings lowered shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Deutsche Bank Aktiengesellschaft initiated coverage on Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price target for the company. Raymond James Financial set a $192.00 price objective on Avery Dennison in a research note on Tuesday, April 21st. UBS Group lowered their target price on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a report on Friday, April 10th. Finally, Truist Financial restated a “buy” rating and issued a $221.00 price objective (down from $223.00) on shares of Avery Dennison in a report on Wednesday, April 29th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Avery Dennison has a consensus rating of “Moderate Buy” and a consensus price target of $201.33.

Avery Dennison Price Performance

Shares of AVY opened at $166.82 on Friday. Avery Dennison Corporation has a twelve month low of $152.42 and a twelve month high of $199.54. The firm’s fifty day simple moving average is $160.59 and its 200-day simple moving average is $174.18. The firm has a market capitalization of $12.76 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 2.82 and a beta of 0.82. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 1.38.

Avery Dennison (NYSE:AVY) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.41 by $0.06. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.Avery Dennison’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.30 earnings per share. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Equities analysts forecast that Avery Dennison Corporation will post 10 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were paid a dividend of $1.00 per share. The ex-dividend date was 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 yield of 2.4%. Avery Dennison’s dividend payout ratio (DPR) is presently 45.10%.

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.