Avery Dennison Corporation $AVY Stock Holdings Increased by KBC Group NV

KBC Group NV raised its position in shares of Avery Dennison Corporation (NYSE:AVY) by 1,119.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 248,133 shares of the industrial products company’s stock after purchasing an additional 227,785 shares during the quarter. KBC Group NV’s holdings in Avery Dennison were worth $42,848,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Avery Dennison by 0.7% in 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 during the last quarter. Wellington Management Group LLP raised its position in shares of Avery Dennison by 12.5% during the 3rd quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock valued at $942,039,000 after acquiring an additional 644,664 shares in the last quarter. Morgan Stanley lifted its stake in Avery Dennison by 20.1% during the fourth 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. State Street Corp boosted its holdings in Avery Dennison by 0.9% in the fourth quarter. State Street Corp now owns 3,701,598 shares of the industrial products company’s stock worth $673,247,000 after purchasing an additional 34,124 shares during the period. Finally, Invesco Ltd. boosted its holdings in Avery Dennison by 4.9% in the third quarter. Invesco Ltd. now owns 1,659,862 shares of the industrial products company’s stock worth $269,180,000 after purchasing an additional 77,272 shares during the period. Institutional investors own 94.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AVY. Truist Financial dropped their target price on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Bank of America lifted their price target on shares of Avery Dennison from $202.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. JPMorgan Chase & Co. dropped their price objective on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Argus set a $175.00 target price on shares of Avery Dennison in a report on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Avery Dennison in a research note on Wednesday, April 1st. They issued a “buy” rating and a $200.00 target price for the company. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Avery Dennison has a consensus rating of “Moderate Buy” and an average price target of $200.11.

Avery Dennison Price Performance

Shares of NYSE AVY opened at $158.42 on Tuesday. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.15 and a quick ratio of 0.80. The firm has a market capitalization of $12.12 billion, a PE ratio of 17.86, a P/E/G ratio of 2.85 and a beta of 0.82. Avery Dennison Corporation has a 1-year low of $152.42 and a 1-year high of $199.54. The business’s fifty day moving average price is $159.63 and its two-hundred day moving average price is $172.36.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings results 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. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the previous year, the company posted $2.30 earnings per share. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, research analysts expect that Avery Dennison Corporation will post 10 EPS for the current year.

Avery Dennison Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Wednesday, June 3rd. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s dividend payout ratio (DPR) is 45.10%.

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.