Tudor Investment Corp ET AL Increases Position in Avery Dennison Corporation $AVY

Tudor Investment Corp ET AL lifted its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 245.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 99,074 shares of the industrial products company’s stock after buying an additional 70,398 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Avery Dennison were worth $16,067,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Avery Dennison by 3.6% during 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 acquiring an additional 361,231 shares during the period. DNB Asset Management AS increased its holdings in shares of Avery Dennison by 4.3% in the second quarter. DNB Asset Management AS now owns 16,398 shares of the industrial products company’s stock valued at $2,877,000 after purchasing an additional 676 shares during the period. Johnson Investment Counsel Inc. raised its stake in shares of Avery Dennison by 11.7% during the third quarter. Johnson Investment Counsel Inc. now owns 351,635 shares of the industrial products company’s stock worth $57,025,000 after purchasing an additional 36,698 shares during the last quarter. Fieldview Capital Management LLC raised its stake in shares of Avery Dennison by 412.7% during the third quarter. Fieldview Capital Management LLC now owns 26,265 shares of the industrial products company’s stock worth $4,259,000 after purchasing an additional 21,142 shares during the last quarter. Finally, WCM Investment Management LLC acquired a new stake in shares of Avery Dennison during the third quarter worth $2,785,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Avery Dennison Trading Down 1.1%

Shares of AVY stock opened at $161.15 on Friday. The business’s fifty day moving average price is $186.13 and its 200 day moving average price is $176.94. The firm has a market capitalization of $12.40 billion, a PE ratio of 18.35, a P/E/G ratio of 2.88 and a beta of 0.97. 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 $199.54.

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

Avery Dennison Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were issued a dividend of $0.94 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a yield of 2.3%. Avery Dennison’s payout ratio is currently 42.82%.

Analysts Set New Price Targets

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

Insider Activity

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the 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 directly owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mitchell R. Butier sold 20,000 shares of Avery Dennison stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the sale, the director owned 211,147 shares of the company’s stock, valued at approximately $36,714,240.36. The trade was a 8.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 34,156 shares of company stock worth $5,930,150 over the last 90 days. 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.