AlphaQuest LLC Purchases New Shares in Avery Dennison Corporation $AVY

AlphaQuest LLC purchased a new position in Avery Dennison Corporation (NYSE:AVY) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,978 shares of the industrial products company’s stock, valued at approximately $645,000.

A number of other hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Avery Dennison in the second quarter worth approximately $174,425,000. Massachusetts Financial Services Co. MA boosted its stake in Avery Dennison by 15.9% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 939,562 shares of the industrial products company’s stock worth $164,865,000 after purchasing an additional 129,189 shares during the period. Assenagon Asset Management S.A. grew its position in Avery Dennison by 567.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 149,026 shares of the industrial products company’s stock worth $24,168,000 after purchasing an additional 126,704 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Avery Dennison by 27.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 494,434 shares of the industrial products company’s stock valued at $86,762,000 after purchasing an additional 107,727 shares during the period. Finally, Anchor Capital Advisors LLC lifted its holdings in shares of Avery Dennison by 48.1% in the third quarter. Anchor Capital Advisors LLC now owns 275,939 shares of the industrial products company’s stock valued at $44,749,000 after purchasing an additional 89,648 shares in the last quarter. 94.17% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Avery Dennison

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

• Positive Sentiment: Q4 EPS beat expectations — Avery Dennison posted adjusted EPS of $2.45 vs. consensus $2.40, with adjusted EPS up year-over-year and gross margin expansion noted; the beat is the main driver of the positive market reaction. Avery Dennison Earnings Beat Estimates in Q4
• Positive Sentiment: Dividend declared — the board approved a $0.94 quarterly dividend (1.9% yield), which supports income-oriented investors and signals confidence in cash flow. Avery Dennison Declares Quarterly Dividend
• Positive Sentiment: Market responded strongly — coverage notes the stock hit a 52-week high after the resilient quarter, reflecting investor enthusiasm for the EPS beat and margin improvement. Avery Dennison Smashes 52-Week High
• Neutral Sentiment: Q1 2026 EPS guidance given at $2.400–$2.46, roughly in line with consensus — guidance reduces uncertainty but is not materially above expectations. Avery Dennison Press Release / Slide Deck
• Neutral Sentiment: Earnings call materials and full transcript available — useful for details on margin drivers, end-market demand (premium label demand noted), and capital allocation plans. Q4 Earnings Call Transcript
• Negative Sentiment: Revenue slightly missed estimates — Q4 sales were $2.27B vs. analyst expectations of ~$2.29B, which tempers the beat and could limit upside if revenue trends weaken. Sales Below Analyst Estimates

Avery Dennison Trading Up 3.3%

NYSE:AVY opened at $192.96 on Thursday. The company has a market capitalization of $14.91 billion, a P/E ratio of 21.95, a P/E/G ratio of 3.14 and a beta of 1.00. The stock’s 50 day moving average price is $182.62 and its 200 day moving average price is $174.24. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.89 and a current ratio of 1.26. Avery Dennison Corporation has a 52 week low of $156.23 and a 52 week high of $194.28.

Avery Dennison (NYSE:AVY) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.05. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The firm had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same period in the previous year, the company earned $2.38 earnings per share. The company’s revenue was up 3.9% compared to the same quarter last year. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. On average, research analysts forecast that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, March 4th. Avery Dennison’s dividend payout ratio (DPR) is 42.78%.

Wall Street Analyst Weigh In

AVY has been the topic of a number of research analyst reports. BMO Capital Markets reiterated an “outperform” rating and set a $210.00 price target on shares of Avery Dennison in a report on Thursday, October 23rd. Truist Financial lifted their target price on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Argus set a $200.00 price target on shares of Avery Dennison in a research report on Tuesday, October 28th. Citigroup raised their price target on shares of Avery Dennison from $180.00 to $188.00 and gave the stock a “neutral” rating in a report on Tuesday, January 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $204.36.

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.