Quantbot Technologies LP Takes Position in Avery Dennison Corporation $AVY

Quantbot Technologies LP purchased a new position in Avery Dennison Corporation (NYSE:AVY) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,375 shares of the industrial products company’s stock, valued at approximately $548,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Avery Dennison by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 10,448,799 shares of the industrial products company’s stock valued at $1,900,428,000 after acquiring an additional 69,662 shares in the last quarter. BlackRock Inc. bought a new position in shares of Avery Dennison in the 2nd quarter worth $1,052,464,000. Wellington Management Group LLP raised its position in shares of 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 stake in shares of Avery Dennison by 20.1% during the 4th quarter. Morgan Stanley now owns 3,869,889 shares of the industrial products company’s stock worth $703,856,000 after purchasing an additional 647,795 shares during the last quarter. Finally, State Street Corp boosted its position in Avery Dennison by 0.9% during the fourth quarter. State Street Corp now owns 3,701,598 shares of the industrial products company’s stock valued at $673,247,000 after purchasing an additional 34,124 shares in the last quarter. 94.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AVY has been the topic of several analyst reports. Citigroup lifted their target price on Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Weiss Ratings upgraded shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Argus set a $175.00 price objective on shares of Avery Dennison in a research report on Thursday, June 4th. Bank of America reissued a “buy” rating on shares of Avery Dennison in a research report on Friday, August 14th. Finally, UBS Group raised their target price on shares of Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $201.22.

Avery Dennison Stock Performance

Shares of AVY opened at $178.42 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.79 and a current ratio of 1.13. The stock has a 50-day moving average of $168.50 and a two-hundred day moving average of $169.92. The stock has a market cap of $13.52 billion, a P/E ratio of 19.54, a P/E/G ratio of 2.33 and a beta of 0.81. Avery Dennison Corporation has a one year low of $152.42 and a one year high of $199.54.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.42. The firm 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 company’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period last year, the business posted $2.42 earnings per share. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. As a group, research analysts predict that Avery Dennison Corporation will post 10.15 EPS for the current year.

Avery Dennison Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, September 2nd. Avery Dennison’s dividend payout ratio is 43.81%.

Insider Buying and Selling at Avery Dennison

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