California State Teachers Retirement System Has $30.85 Million Stock Position in Avery Dennison Corporation $AVY

California State Teachers Retirement System lessened its stake in shares of Avery Dennison Corporation (NYSE:AVY) by 2.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 178,658 shares of the industrial products company’s stock after selling 3,596 shares during the period. California State Teachers Retirement System owned about 0.23% of Avery Dennison worth $30,851,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC increased its position in shares of Avery Dennison by 16,900.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 169 shares in the last quarter. Root Financial Partners LLC lifted its position in shares of Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 73 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of Avery Dennison in the 3rd quarter valued at approximately $36,000. Godfrey Financial Associates Inc. acquired a new position in Avery Dennison in the 4th quarter worth approximately $37,000. Finally, CYBER HORNET ETFs LLC purchased a new position in Avery Dennison during the 2nd quarter worth approximately $37,000. 94.17% of the stock is owned by hedge funds and other institutional investors.

Avery Dennison News Summary

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Q2 results beat estimates: Avery Dennison reported adjusted earnings of $2.89 per share versus the $2.47 consensus estimate, while revenue reached $2.46 billion, above the $2.30 billion forecast. Revenue increased 10.9% year over year, supported by pricing, productivity gains and volume growth. Avery Dennison Q2 earnings report
• Positive Sentiment: Materials Group showed strong momentum: Materials Group sales rose 15.9% to approximately $1.80 billion, helping offset a 0.5% decline in Solutions Group sales. Net income increased 8% to $204.1 million, and the company returned $347 million to shareholders through dividends and repurchases during the first half. Avery Dennison Q2 sales and earnings
• Positive Sentiment: Analyst confidence improved: JPMorgan raised its price target from $185 to $190 and assigned an “overweight” rating, implying roughly 11.5% potential upside from the referenced price. The upgrade reinforces investor optimism following the earnings release. JPMorgan raises Avery Dennison price target
• Neutral Sentiment: Guidance supports the bull case but requires execution: Avery Dennison provided full-year 2026 reported EPS guidance of $9.40 to $9.70. The earnings call highlighted continued benefits from pricing and productivity, but investors will monitor whether those gains persist as demand conditions evolve. Avery Dennison earnings and guidance analysis
• Negative Sentiment: Destocking is a risk: The company flagged possible customer destocking in the second half, which could pressure volumes and temper the earnings momentum reflected in the latest quarter. Solutions Group’s year-over-year sales decline also signals uneven performance across the portfolio. Avery Dennison Q2 earnings analysis
• Negative Sentiment: Insider selling may weigh on sentiment: Reported insider activity showed 24 sales and no purchases over the past six months, including substantial selling by senior executives. While insider transactions do not necessarily reflect operating expectations, the imbalance may concern some investors.

Avery Dennison Stock Down 2.6%

AVY stock opened at $170.33 on Friday. The company has a 50 day moving average of $160.66 and a two-hundred day moving average of $171.23. The company has a market cap of $13.03 billion, a price-to-earnings ratio of 18.66, a PEG ratio of 3.11 and a beta of 0.82. Avery Dennison Corporation has a 12-month low of $152.42 and a 12-month high of $199.54. The company has a quick ratio of 0.80, a current ratio of 1.13 and a debt-to-equity ratio of 1.37.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, beating the consensus estimate of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The business had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.30 billion. During the same period in the previous year, the company posted $2.42 EPS. Avery Dennison’s revenue was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, equities analysts anticipate that Avery Dennison Corporation will post 10 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be paid a $1.00 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. Avery Dennison’s payout ratio is 45.10%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Citigroup increased their target price on Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a report on Friday. JPMorgan Chase & Co. lifted their price target on Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday. Weiss Ratings lowered Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Raymond James Financial set a $192.00 price objective on Avery Dennison in a research note on Tuesday, April 21st. Finally, Argus set a $175.00 price objective on Avery Dennison in a research 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. Based on data from MarketBeat.com, Avery Dennison currently has a consensus rating of “Moderate Buy” and a consensus price target of $201.22.

Avery Dennison Company 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.