Teacher Retirement System of Texas Sells 34,537 Shares of Avery Dennison Corporation $AVY

Key Points

• Teacher Retirement System of Texas cut its stake in Avery Dennison by 35.2%, selling 34,537 shares and now holding 63,611 shares worth about $11.57 million (≈0.08% of the company).
• Company insiders also reduced positions — SVP Ignacio J. Walker sold 1,156 shares and Director Mitchell R. Butier sold 20,000 shares — with insiders offloading 34,156 shares (~$5.93 million) in the last quarter.
• Avery Dennison reported Q4 EPS of $2.45 (beat), revenue slightly missed expectations, set Q1 2026 guidance of $2.40–2.46 EPS, pays a quarterly dividend of $0.94 (≈2.3% yield), and has a consensus analyst target of $207.11 ("Moderate Buy").

Teacher Retirement System of Texas lowered its stake in shares of Avery Dennison Corporation (NYSE:AVY - Free Report) by 35.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,611 shares of the industrial products company's stock after selling 34,537 shares during the period. Teacher Retirement System of Texas owned 0.08% of Avery Dennison worth $11,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have 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 valued at $31,000 after buying an additional 169 shares during the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Avery Dennison during the third quarter valued at approximately $29,000. CYBER HORNET ETFs LLC bought a new stake in shares of Avery Dennison during the second quarter valued at approximately $37,000. Sound Income Strategies LLC raised its position in shares of Avery Dennison by 51.1% during the fourth quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company's stock valued at $40,000 after buying an additional 72 shares during the last quarter. Finally, True Wealth Design LLC raised its position in shares of Avery Dennison by 285.7% during the fourth quarter. True Wealth Design LLC now owns 216 shares of the industrial products company's stock valued at $39,000 after buying an additional 160 shares during the last quarter. Institutional investors own 94.17% of the company's stock.

Avery Dennison Trading Down 1.2%

Shares of AVY opened at $165.42 on Friday. The company's fifty day moving average is $176.66 and its 200 day moving average is $177.81. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $199.54. 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. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13.

Avery Dennison (NYSE:AVY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.05. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The company had revenue of $2.27 billion for the quarter, compared to analysts' expectations of $2.29 billion. During the same quarter in the previous year, the business posted $2.38 earnings per share. Avery Dennison's quarterly revenue was up 3.9% on a year-over-year basis. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Sell-side analysts expect that Avery Dennison Corporation will post 10.07 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

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

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the business's stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the transaction, the senior vice president owned 7,588 shares in the company, valued at $1,464,104.60. The trade was a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Mitchell R. Butier sold 20,000 shares of the business's stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the transaction, the director owned 211,147 shares in the company, valued at $36,714,240.36. This trade represents a 8.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 34,156 shares of company stock worth $5,930,150 in the last quarter. Company insiders own 0.81% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AVY. Deutsche Bank Aktiengesellschaft began coverage on shares of Avery Dennison in a research report on Wednesday, April 1st. They set a "buy" rating and a $200.00 price objective on the stock. Truist Financial reduced their price objective on shares of Avery Dennison from $233.00 to $223.00 and set a "buy" rating on the stock in a research report on Wednesday, April 15th. Citigroup reduced their price target on shares of Avery Dennison from $201.00 to $190.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 14th. JPMorgan Chase & Co. boosted their price target on shares of Avery Dennison from $195.00 to $205.00 and gave the stock an "overweight" rating in a research report on Monday, February 9th. Finally, UBS Group reduced their price target on shares of Avery Dennison from $226.00 to $222.00 and set a "buy" rating on the stock in a research report on Friday, April 10th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $207.11.

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.

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