Munich Reinsurance Co Stock Corp in Munich Acquires Shares of 317,218 Avery Dennison Corporation $AVY

Munich Reinsurance Co Stock Corp in Munich bought a new stake in Avery Dennison Corporation (NYSE:AVY) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 317,218 shares of the industrial products company’s stock, valued at approximately $51,443,000. Munich Reinsurance Co Stock Corp in Munich owned approximately 0.41% of Avery Dennison as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Steigerwald Gordon & Koch Inc. bought a new position in Avery Dennison during the 3rd quarter valued at $29,000. Vermillion & White Wealth Management Group LLC increased its position in shares of Avery Dennison by 89.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 80 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Avery Dennison in the 2nd quarter valued at about $35,000. CYBER HORNET ETFs LLC bought a new position in shares of Avery Dennison during the second quarter worth about $37,000. Finally, MUFG Securities EMEA plc acquired a new position in Avery Dennison in the second quarter worth about $41,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Trading Down 2.1%

Shares of NYSE AVY opened at $179.80 on Friday. The company has a market cap of $13.82 billion, a price-to-earnings ratio of 20.48, a price-to-earnings-growth ratio of 3.28 and a beta of 0.97. The stock’s 50 day simple moving average is $188.74 and its 200 day simple moving average is $177.18. 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 12-month low of $156.23 and a 12-month high of $199.54.

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

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be given a $0.94 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $3.76 annualized dividend and a yield of 2.1%. Avery Dennison’s dividend payout ratio (DPR) is currently 42.82%.

Analyst Upgrades and Downgrades

AVY has been the topic of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Truist Financial lifted their target price on Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. BMO Capital Markets boosted their price target on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, February 6th. JPMorgan Chase & Co. upped their price target on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, Citigroup boosted their target price on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $208.45.

Insider Transactions at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president owned 7,588 shares in the company, valued at approximately $1,464,104.60. This represents a 13.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.84% of the stock is owned by insiders.

About Avery Dennison

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.