Avery DennisonAVY
Market Cap: 17.2B
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 Q1 SEC filings by fund managers ($100M+ AUM)
47% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 66
8% more capital invested
Capital invested by funds: $15.1B [Q4 2023] → $16.2B (+$1.15B) [Q1 2024]
4% more funds holding
Funds holding: 709 [Q4 2023] → 740 (+31) [Q1 2024]
3% more call options, than puts
Call options by funds: $20M | Put options by funds: $19.5M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
3.77% less ownership
Funds ownership: 94.16% [Q4 2023] → 90.39% (-3.77%) [Q1 2024]
18% less repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 271
Research analyst outlook
14 Wall Street Analysts provided 1 year price forecasts over the past 6 months
14 analyst ratings
UBS Joshua Spector | 10%upside $235 | Neutral Downgraded | 25 Jul 2024 |
BMO Capital John McNulty | 19%upside $254 | Outperform Maintained | 24 Jul 2024 |
Truist Securities Michael Roxland | 21%upside $258 | Buy Maintained | 24 Jul 2024 |
UBS Joshua Spector | 18%upside $252 | Buy Maintained | 9 Jul 2024 |
Stifel Lars Kjellberg | 28%upside $274.6 | Buy Initiated | 9 Jul 2024 |
Financial journalist opinion
Based on 13 articles about AVY published over the past 30 days