Massachusetts Financial Services Co. MA Buys 27,451 Shares of Avery Dennison Corporation $AVY

Massachusetts Financial Services Co. MA increased its position in shares of Avery Dennison Corporation (NYSE:AVY) by 2.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 967,013 shares of the industrial products company’s stock after purchasing an additional 27,451 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Avery Dennison were worth $156,820,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Strengthening Families & Communities LLC grew its stake in shares of Avery Dennison by 16.6% in the second quarter. Strengthening Families & Communities LLC now owns 408 shares of the industrial products company’s stock valued at $73,000 after acquiring an additional 58 shares in the last quarter. Resources Management Corp CT ADV raised its position in shares of Avery Dennison by 0.8% in the second quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock valued at $1,369,000 after buying an additional 62 shares in the last quarter. Bill Few Associates Inc. boosted its stake in shares of Avery Dennison by 0.5% in the second quarter. Bill Few Associates Inc. now owns 13,341 shares of the industrial products company’s stock valued at $2,341,000 after buying an additional 67 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Avery Dennison by 1.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,547 shares of the industrial products company’s stock valued at $798,000 after acquiring an additional 79 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC lifted its position in shares of Avery Dennison by 89.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 80 shares during the period. Institutional investors own 94.17% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on AVY. UBS Group upgraded shares of Avery Dennison from a “neutral” rating to a “buy” rating and increased their price target for the stock from $181.00 to $218.00 in a research report on Thursday, October 23rd. JPMorgan Chase & Co. raised Avery Dennison from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $182.00 to $195.00 in a research note on Thursday, October 23rd. BMO Capital Markets reissued an “outperform” rating and set a $210.00 target price on shares of Avery Dennison in a research note on Thursday, October 23rd. Citigroup raised their price target on shares of Avery Dennison from $180.00 to $188.00 and gave the company a “neutral” rating in a research note on Tuesday, January 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $204.36.

Avery Dennison Trading Down 0.2%

Shares of AVY stock opened at $188.61 on Tuesday. The company has a market cap of $14.58 billion, a P/E ratio of 21.46, a PEG ratio of 3.19 and a beta of 1.00. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $196.40. The stock has a 50 day simple moving average of $178.89 and a two-hundred day simple moving average of $173.72. 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 (NYSE:AVY) last announced its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.32 by $0.05. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter last year, the firm posted $2.33 EPS. The company’s quarterly revenue was up 1.5% on a year-over-year basis. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. Research analysts forecast that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were issued a $0.94 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $3.76 annualized dividend and a yield of 2.0%. Avery Dennison’s dividend payout ratio (DPR) is 42.78%.

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.