Avery Dennison Corporation $AVY Holdings Decreased by TD Asset Management Inc

TD Asset Management Inc cut its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 16.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 257,767 shares of the industrial products company’s stock after selling 51,711 shares during the quarter. TD Asset Management Inc owned 0.33% of Avery Dennison worth $41,802,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of AVY. Norges Bank acquired a new stake in shares of Avery Dennison during the second quarter worth approximately $174,425,000. Vanguard Group Inc. lifted its position in Avery Dennison by 3.6% in the 3rd quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock worth $1,683,185,000 after buying an additional 361,231 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Avery Dennison by 15.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 939,562 shares of the industrial products company’s stock valued at $164,865,000 after acquiring an additional 129,189 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Avery Dennison by 567.6% in the third quarter. Assenagon Asset Management S.A. now owns 149,026 shares of the industrial products company’s stock worth $24,168,000 after acquiring an additional 126,704 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Avery Dennison by 23.1% during the third quarter. Envestnet Asset Management Inc. now owns 649,318 shares of the industrial products company’s stock worth $105,300,000 after acquiring an additional 121,798 shares in the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on AVY. UBS Group raised their price target on Avery Dennison from $218.00 to $226.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Truist Financial lifted their target price on shares of Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. JPMorgan Chase & Co. lifted their price objective on shares of Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Citigroup increased their target price on shares of Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $208.45.

Avery Dennison Stock Up 1.7%

AVY opened at $196.15 on Friday. The business has a 50 day moving average of $188.17 and a 200-day moving average of $176.78. The stock has a market capitalization of $15.08 billion, a price-to-earnings ratio of 22.34, a P/E/G ratio of 3.44 and a beta of 1.00. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. Avery Dennison Corporation has a 1-year low of $156.23 and a 1-year high of $199.54.

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

Avery Dennison Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be paid a $0.94 dividend. This represents a $3.76 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Wednesday, March 4th. Avery Dennison’s dividend payout ratio (DPR) is presently 42.82%.

Insiders Place Their Bets

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

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.