Quantinno Capital Management Adds $6M in Avery Dennison Corporation ($AVY)
Quantinno Capital Management boosted its investment in Avery Dennison by 13.3% in the latest SEC filing.
Key Points
- Quantinno Capital Management increased its Avery Dennison stake by 13.3%, adding 35,924 shares to a total of 306,826 shares valued at $49.7 million.
- Avery Dennison's stock trades near $161.92 with a market cap of $12.39 billion, a P/E ratio of 18.25, and a 52-week range of $152.42 to $199.54.
- Insiders made several transactions on May 1, 2026, and analysts from firms like JP Morgan and Citigroup have set new price targets.
Quantinno Capital Management has boosted its holdings in Avery Dennison Corporation (NYSE:AVY) by 13.3%, according to the latest Form 13F filing with the SEC. The firm added 35,924 shares during the reporting period, bringing its total to 306,826 shares. This position is now valued at approximately $49.7 million.
What Changed in Quantinno Capital Management's Avery Dennison Position
In the latest quarter, Quantinno Capital Management increased its stake in Avery Dennison by 35,924 shares, a 13.3% rise from its previous holding of 270,902 shares. This brings its total to 306,826 shares, reflecting a stronger conviction in the company's prospects.
Other Institutional Activity in Avery Dennison
Several other institutional investors also adjusted their positions in Avery Dennison. BlackRock, Inc. grew its holdings by 57,284 shares, ending with 6,382,190 shares valued at about $1.1 billion. Meanwhile, Wellington Management Group LLP reduced its position by 339,550 shares, bringing its total to 5,306,425 shares worth approximately $916.3 million. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both reported significant increases, each holding over 4.8 million shares valued at over $800 million. State Street Corp added 53,428 shares, resulting in a total of 3,755,026 shares valued at around $648.4 million.
Avery Dennison Stock Snapshot
Shares of NYSE:AVY traded near $161.92 recently. Avery Dennison has a market capitalization of $12.39 billion and a P/E ratio of 18.25. The stock's 52-week trading range is between $152.42 and $199.54. It has a 50-day moving average of $162.57 and a 200-day moving average of $172.72. The company maintains a current ratio of 1.15 and a debt-to-equity ratio of 164.75.
Recent Earnings
Avery Dennison reported revenue of $9.01 billion with a modest growth of 0.07%. The company's net margin stands at 7.66%, and it has a return on equity of 30.86%. Earnings per share came in at $8.87. The next earnings report is expected on July 21, 2026.
Dividend
Avery Dennison pays an annual dividend of $4.00 per share, yielding 2.47% with a payout ratio of 42.34%. The ex-dividend date was not specified.
Insider Buying and Selling at Avery Dennison Corporation
On May 1, 2026, several insiders made transactions in Avery Dennison stock. William Raymond Wagner, Patrick Siewert, Bradley Alford, and Andres Alberto Lopez each bought or sold shares. Notably, Siewert bought and sold shares at an average price of $164.01.
Analysts Set New Price Targets
Analysts have set new price targets for Avery Dennison. On April 30, 2026, Citigroup maintained a hold rating with a $185 target. JP Morgan reiterated its buy rating with a $185 target on April 29, while Truist Securities set a buy rating with a $221 target. The consensus recommendation is a buy, with an average target price of $200.3 based on 10 analyst opinions.
About Avery Dennison
Avery Dennison Corporation, headquartered in Mentor, Ohio, operates in the packaging and containers industry. The company provides materials science and digital identification solutions across multiple regions, including North America, Europe, and Asia. With 35,000 employees, it offers a range of products such as pressure-sensitive labels, performance tapes, and branding solutions for industries like apparel, pharmaceuticals, and logistics. Avery Dennison's CEO is Mr. Deon M. Stander.
Bottom Line
Quantinno Capital Management's increased stake in Avery Dennison suggests confidence in the company's future. Investors closely watch such filings to gauge institutional interest, though it's important to remember these filings reflect past positions. Avery Dennison's stock performance and analyst targets will be key areas to watch as the company approaches its next earnings report.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
