Nykredit A S Takes Position in Avery Dennison Corporation $AVY

Nykredit A S purchased a new position in shares of Avery Dennison Corporation (NYSE:AVY) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,226 shares of the industrial products company’s stock, valued at approximately $3,284,000.

Other hedge funds have also recently added to or reduced their stakes in the company. B. Metzler seel. Sohn & Co. AG raised its holdings in Avery Dennison by 225.0% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 7,162 shares of the industrial products company’s stock valued at $1,163,000 after acquiring an additional 4,958 shares in the last quarter. Keeler Thomas Management LLC grew its holdings in shares of Avery Dennison by 8.2% during the 2nd quarter. Keeler Thomas Management LLC now owns 6,825 shares of the industrial products company’s stock worth $1,108,000 after purchasing an additional 517 shares in the last quarter. Two Sigma Securities LLC bought a new position in shares of Avery Dennison in the second quarter worth $407,000. Greenleaf Trust increased its position in shares of Avery Dennison by 14.5% in the second quarter. Greenleaf Trust now owns 1,991 shares of the industrial products company’s stock worth $323,000 after purchasing an additional 252 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Avery Dennison by 1.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 956,886 shares of the industrial products company’s stock valued at $155,350,000 after purchasing an additional 17,769 shares in the last quarter. Institutional investors own 94.17% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings upgraded shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. JPMorgan Chase & Co. upped their target price on Avery Dennison from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. UBS Group raised their target price on Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Argus set a $175.00 price target on Avery Dennison in a report on Thursday, June 4th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Avery Dennison has an average rating of “Moderate Buy” and a consensus price target of $201.22.

Insider Transactions at Avery Dennison

In related news, SVP Ignacio Walker sold 1,742 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total value of $298,944.62. Following the completion of the transaction, the senior vice president owned 7,585 shares in the company, valued at $1,301,661.85. This trade represents a 18.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.81% of the stock is currently owned by company insiders.

Avery Dennison Trading Up 0.1%

NYSE AVY opened at $175.27 on Monday. The company has a market cap of $13.28 billion, a price-to-earnings ratio of 19.20, a price-to-earnings-growth ratio of 2.12 and a beta of 0.81. Avery Dennison Corporation has a twelve month low of $152.42 and a twelve month high of $199.54. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37. The business’s fifty day moving average is $170.12 and its 200 day moving average is $169.14.

Avery Dennison (NYSE:AVY) last issued its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. The business had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.30 billion. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.42 EPS. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. As a group, sell-side analysts expect that Avery Dennison Corporation will post 10.15 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be paid a $1.00 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Avery Dennison’s dividend payout ratio is currently 43.81%.

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.