Avery Dennison Co. continues to be an attractive investment for numerous asset management companies. Envestnet Asset Management Inc., Goldman Sachs Group Inc., Royal London Asset Management Ltd., and 1832 Asset Management L.P. have significantly increased their positions. Additionally, the company delivered a remarkable 122% return over the last five years, very much to the satisfaction of its investors. Investment advisories have marked Avery Dennison as a top-ranked momentum stock, eliciting increased shareholder interest. The stock price target has been lifted to $250.00 by Robert W. Baird. However, some dilution was noted with insiders selling shares, and certain stake decreases observed from institutions such as Crossmark Global Holdings Inc. and Parallel Advisors LLC. Nonetheless, a robust Q1 earnings report exceeded estimates, with both the corporation's earnings per share (EPS) and revenue for Q1 2024 beating expectations. The company's CFO sold over $650K in company stock, yet Avery Dennison expressed confidence with a more substantial dividend declaration compared to the previous fiscal year. An ongoing surge in short interest anticipates promising future performance.
Avery Dennison Stocks AVY News Analytics from Thu, 20 Aug 2020 07:00:00 GMT to Sun, 09 Jun 2024 13:37:24 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor 7
