Munich Reinsurance Co Stock Corp in Munich Has $54.04 Million Stock Holdings in Avery Dennison Corporation $AVY

Key Points

• Munich Reinsurance Co Stock Corp in Munich trimmed its Avery Dennison holding by 7%, selling 22,182 shares to hold 295,036 shares valued at about $54.04 million (roughly 0.38% of the company).
• Insiders have been net sellers, disposing of 34,156 shares worth about $5.93 million in the past three months (including Director Mitchell R. Butier’s sale of 13,000 shares), leaving insiders with about 0.81% ownership.
• Avery Dennison carries a consensus "Moderate Buy" rating with an average price target of $207.11; the company slightly beat EPS expectations (Q: $2.45 vs. $2.40) but missed revenue, set Q1 2026 EPS guidance of $2.40–$2.46, and yields about 2.3% at current prices (~$165).

Munich Reinsurance Co Stock Corp in Munich trimmed its position in shares of Avery Dennison Corporation (NYSE:AVY - Free Report) by 7.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 295,036 shares of the industrial products company's stock after selling 22,182 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich owned 0.38% of Avery Dennison worth $54,039,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC raised its position in shares of Avery Dennison by 16,900.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company's stock worth $31,000 after purchasing an additional 169 shares during the period. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Avery Dennison during the third quarter worth approximately $29,000. CYBER HORNET ETFs LLC acquired a new position in shares of Avery Dennison during the second quarter worth approximately $37,000. Sound Income Strategies LLC grew its holdings in Avery Dennison by 51.1% during the fourth quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company's stock worth $40,000 after buying an additional 72 shares in the last quarter. Finally, True Wealth Design LLC grew its holdings in Avery Dennison by 285.7% during the fourth quarter. True Wealth Design LLC now owns 216 shares of the industrial products company's stock worth $39,000 after buying an additional 160 shares in the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Avery Dennison

In other Avery Dennison news, Director Mitchell R. Butier sold 13,000 shares of the firm's stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $171.50, for a total value of $2,229,500.00. Following the sale, the director owned 198,147 shares of the company's stock, valued at $33,982,210.50. This trade represents a 6.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Ignacio J. Walker sold 1,156 shares of the firm's stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the sale, the senior vice president directly owned 7,588 shares in the company, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 34,156 shares of company stock worth $5,930,150 in the last three months. 0.81% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

AVY has been the subject of several recent research reports. JPMorgan Chase & Co. upped their price target on Avery Dennison from $195.00 to $205.00 and gave the stock an "overweight" rating in a report on Monday, February 9th. Weiss Ratings restated a "hold (c)" rating on shares of Avery Dennison in a research note on Friday, March 27th. Raymond James Financial set a $192.00 price objective on Avery Dennison in a research note on Tuesday. Citigroup reduced their price objective on Avery Dennison from $201.00 to $190.00 and set a "neutral" rating for the company in a research note on Tuesday, April 14th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Avery Dennison in a research note on Wednesday, April 1st. They issued a "buy" rating and a $200.00 price objective for the company. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Avery Dennison presently has a consensus rating of "Moderate Buy" and a consensus price target of $207.11.

Avery Dennison Stock Down 1.2%

Shares of NYSE AVY opened at $165.42 on Friday. Avery Dennison Corporation has a one year low of $156.23 and a one year 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 business's fifty day moving average price is $176.66 and its 200-day moving average price is $177.81. The stock has a market capitalization of $12.72 billion, a PE ratio of 18.84, a P/E/G ratio of 2.77 and a beta of 1.00.

Avery Dennison (NYSE:AVY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, beating analysts' consensus estimates of $2.40 by $0.05. The firm had revenue of $2.27 billion for 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. On average, equities research analysts anticipate that Avery Dennison Corporation will post 10.07 EPS for the current year.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were issued a dividend of $0.94 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a yield of 2.3%. Avery Dennison's dividend payout ratio is 42.82%.

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.

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