Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Holdings in Avery Dennison Corporation $AVY

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Avery Dennison Corporation (NYSE:AVY) by 123.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,400 shares of the industrial products company’s stock after buying an additional 22,900 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Avery Dennison were worth $7,149,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Avery Dennison by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 10,448,799 shares of the industrial products company’s stock worth $1,900,428,000 after buying an additional 69,662 shares during the last quarter. Wellington Management Group LLP increased its holdings in Avery Dennison by 12.5% in the 3rd quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock worth $942,039,000 after acquiring an additional 644,664 shares in the last quarter. Morgan Stanley lifted its holdings in Avery Dennison by 20.1% during the fourth quarter. Morgan Stanley now owns 3,869,889 shares of the industrial products company’s stock valued at $703,856,000 after purchasing an additional 647,795 shares in the last quarter. State Street Corp boosted its position in shares of Avery Dennison by 0.9% in the fourth quarter. State Street Corp now owns 3,701,598 shares of the industrial products company’s stock worth $673,247,000 after purchasing an additional 34,124 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of Avery Dennison by 30.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock valued at $298,613,000 after purchasing an additional 435,156 shares during the period. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AVY has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft started coverage on Avery Dennison in a research note on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price target for the company. Raymond James Financial set a $192.00 price target on shares of Avery Dennison in a research note on Tuesday, April 21st. Citigroup dropped 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. Weiss Ratings lowered Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Finally, UBS Group decreased their target price on Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $201.33.

Avery Dennison Stock Performance

NYSE:AVY opened at $166.82 on Monday. Avery Dennison Corporation has a fifty-two week low of $152.42 and a fifty-two week high of $199.54. The firm has a market capitalization of $12.76 billion, a PE ratio of 18.81, a PEG ratio of 2.89 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. The stock’s fifty day moving average is $160.59 and its 200 day moving average is $174.07.

Avery Dennison (NYSE:AVY) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $0.06. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, sell-side analysts anticipate that Avery Dennison Corporation will post 10 earnings per share for the current year.

Avery Dennison Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were given a $1.00 dividend. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $4.00 annualized dividend and a yield of 2.4%. Avery Dennison’s dividend payout ratio is currently 45.10%.

Avery Dennison Company 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.