Avery Dennison
About: Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification, or RFID, inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.
Employees: 35,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
36% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 70
13% more repeat investments, than reductions
Existing positions increased: 283 | Existing positions reduced: 250
3% more funds holding
Funds holding: 755 [Q1] → 780 (+25) [Q2]
2% more call options, than puts
Call options by funds: $18.2M | Put options by funds: $17.9M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.65% less ownership
Funds ownership: 95.55% [Q1] → 94.91% (-0.65%) [Q2]
3% less capital invested
Capital invested by funds: $17.2B [Q1] → $16.7B (-$458M) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Barclays Scott Gaffner 0% 1-year accuracy 0 / 2 met price target | 23%upside $245 | Overweight Maintained | 28 Oct 2024 |
BMO Capital John McNulty 64% 1-year accuracy 25 / 39 met price target | 24%upside $247 | Outperform Maintained | 24 Oct 2024 |
JP Morgan Jeffrey Zekauskas 48% 1-year accuracy 15 / 31 met price target | 5%upside $210 | Neutral Downgraded | 24 Oct 2024 |
B of A Securities George Staphos 45% 1-year accuracy 5 / 11 met price target | 25%upside $250 | Buy Upgraded | 17 Oct 2024 |
Barclays Scott Gaffner 0% 1-year accuracy 0 / 2 met price target | 25%upside $250 | Overweight Initiated | 7 Oct 2024 |
Financial journalist opinion
Based on 15 articles about AVY published over the past 30 days
