TD Asset Management Inc Has $41.80 Million Position in Avery Dennison Corporation $AVY

TD Asset Management Inc decreased its holdings in Avery Dennison Corporation (NYSE:AVY) by 16.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 257,767 shares of the industrial products company’s stock after selling 51,711 shares during the quarter. TD Asset Management Inc’s holdings in Avery Dennison were worth $41,802,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in AVY. Steigerwald Gordon & Koch Inc. bought a new position in Avery Dennison during the third quarter worth about $29,000. 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 worth $30,000 after buying an additional 80 shares during the period. NewSquare Capital LLC grew its position in Avery Dennison by 156.2% in the second quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 114 shares during the period. Atlantic Union Bankshares Corp acquired a new position in Avery Dennison during the second quarter worth $35,000. Finally, CYBER HORNET ETFs LLC bought a new position in shares of Avery Dennison during the second quarter valued at $37,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Avery Dennison Stock Performance

AVY stock opened at $196.15 on Friday. The company has a 50 day moving average price of $188.17 and a 200 day moving average price of $176.78. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $199.54. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. The stock has a market capitalization of $15.08 billion, a PE ratio of 22.34, a price-to-earnings-growth ratio of 3.44 and a beta of 1.00.

Avery Dennison (NYSE:AVY) last released its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.40 by $0.05. The company had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The business’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period last year, the firm earned $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Analysts forecast that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.94 per share. The ex-dividend date is Wednesday, March 4th. This represents a $3.76 annualized dividend and a dividend yield of 1.9%. Avery Dennison’s payout ratio is currently 42.82%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. UBS Group lifted their target price on shares of Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. BMO Capital Markets boosted their target price on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Citigroup raised their price target on Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. boosted their price objective on Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Avery Dennison currently has a consensus rating of “Moderate Buy” and an average price target of $208.45.

Insider Buying and Selling at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,156 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the transaction, the senior vice president directly owned 7,588 shares in the company, valued at $1,464,104.60. This represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.84% of the stock is currently owned by company insiders.

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.