Avery Dennison Corporation (AVY)

Avery Dennison's stock price has declined by 17.55% between July 15, 2024, and July 14, 2025, and fell by 15.5% in the past six months. Key events include strong Q1 2024 earnings with EPS up 43%, and Q2 2025 revenue slightly below estimates but with strong EPS. JP Morgan downgraded the stock to Neutral, while Jefferies initiated coverage with a Hold recommendation. The company returned $81 million to shareholders in Q1 2024 and $503 million in the first half of 2025 through dividends and share repurchases. Avery Dennison was removed from the Russell 3000E Growth Index.

Avery Dennison experiences seasonal demand for certain product segments, with heightened sales in the Office and Consumer Products and Retail Branding and Information Solutions segments leading into the back-to-school and holiday seasons. The Materials Group and Solutions Group segments also experience typical volume seasonality, which can influence margins.

Avery Dennison Corp. is a global materials science and digital identification solutions company specializing in pressure-sensitive materials and self-adhesive products. The company enhances branded packaging, connects physical and digital realms, and improves product performance. Its operations are divided into the Materials Group and Solutions Group. Major products include adhesive materials, price marking products, retail branding solutions, specialty medical products, and office and consumer products.

Avery Dennison operates in over 50 countries with approximately 200 manufacturing and distribution facilities worldwide. International operations account for about 72% of net sales. The company has a significant market presence across Asia (31.6%), the United States (29.8%), Europe/Middle East/Africa (27.6%), and Latin America (6.9%). Approximately 83% of its employees were located outside the U.S., with about 67% in emerging markets.

Avery Dennison is recognized as a global leader in labeling and packaging materials, with a strong focus on sustainability. The company has exceeded its goal to reduce absolute GHG emissions by 26% by 2025, achieving a 56% reduction by 2022 compared to its 2015 baseline. There have been no widely reported major events that have significantly impacted Avery Dennison's brand reputation in the past year beyond its ongoing business performance and sustainability initiatives.

Avery Dennison Corporation has significant institutional ownership, with 1504 institutional owners holding 89,770,601 shares, representing approximately 77.32% of the company's stock. Individuals hold 0.79%. Largest institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and T. Rowe Price Investment Management, Inc.