Avery Dennison Corporation $AVY Shares Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. grew its stake in Avery Dennison Corporation (NYSE:AVY) by 379.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,157 shares of the industrial products company’s stock after buying an additional 6,454 shares during the quarter. Fox Run Management L.L.C.’s holdings in Avery Dennison were worth $1,484,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Cerity Partners LLC lifted its holdings in shares of Avery Dennison by 25.4% in the 4th quarter. Cerity Partners LLC now owns 95,513 shares of the industrial products company’s stock valued at $17,372,000 after buying an additional 19,361 shares during the period. LPL Financial LLC lifted its holdings in shares of Avery Dennison by 4.7% in the 4th quarter. LPL Financial LLC now owns 44,333 shares of the industrial products company’s stock valued at $8,063,000 after buying an additional 1,989 shares during the period. Brandywine Global Investment Management LLC lifted its holdings in shares of Avery Dennison by 352.7% in the 4th quarter. Brandywine Global Investment Management LLC now owns 77,257 shares of the industrial products company’s stock valued at $14,052,000 after buying an additional 60,192 shares during the period. O Shaughnessy Asset Management LLC lifted its holdings in shares of Avery Dennison by 25.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 7,574 shares of the industrial products company’s stock valued at $1,378,000 after buying an additional 1,521 shares during the period. Finally, Manchester Capital Management LLC raised its holdings in Avery Dennison by 6.3% in the 4th quarter. Manchester Capital Management LLC now owns 3,959 shares of the industrial products company’s stock worth $720,000 after purchasing an additional 234 shares during the period. Institutional investors and hedge funds own 94.17% of the company’s stock.

Insiders Place Their Bets

In other Avery Dennison news, Director Mitchell R. Butier sold 13,000 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $171.50, for a total value of $2,229,500.00. Following the sale, the director directly owned 198,147 shares in the company, valued at $33,982,210.50. This trade represents a 6.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.81% of the stock is currently owned by corporate insiders.

Avery Dennison Trading Down 1.4%

AVY opened at $152.94 on Tuesday. The firm has a market cap of $11.70 billion, a P/E ratio of 17.24, a P/E/G ratio of 2.67 and a beta of 0.82. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 1.38. Avery Dennison Corporation has a 52 week low of $152.42 and a 52 week high of $199.54. The business has a fifty day simple moving average of $164.14 and a 200-day simple moving average of $175.78.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.06. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.26 billion. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the firm earned $2.30 earnings per share. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, equities analysts expect that Avery Dennison Corporation will post 10.05 earnings per share for the current year.

Avery Dennison Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd will be paid a $1.00 dividend. The ex-dividend date is Wednesday, June 3rd. This is an increase from Avery Dennison’s previous quarterly dividend of $0.94. This represents a $4.00 annualized dividend and a dividend yield of 2.6%. Avery Dennison’s payout ratio is 45.10%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on AVY shares. Argus set a $175.00 price target on Avery Dennison in a report on Thursday. Deutsche Bank Aktiengesellschaft began coverage on Avery Dennison in a report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a report on Friday, March 27th. UBS Group dropped their price target on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Finally, Raymond James Financial set a $192.00 price target on Avery Dennison in a report on Tuesday, April 21st. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Avery Dennison currently has a consensus rating of “Moderate Buy” and an average target price of $201.33.

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.