Avery Dennison, a global materials science and manufacturing company known for its pressure-sensitive adhesive technologies, has experienced noticeable market activity recently. Major investment firms such as
Sterling Capital Management LLC and
Bank of Montreal have been reducing their positions in the company, while others like
Advisors Preferred LLC and
Asset Management One Co. Ltd. are taking on new shares. Financial analysts from
Argus Research and
JPMorgan have upgraded the stock, indicating possible value following recent declines in share price. Avery Dennison has posted Q3 earnings, with reported metrics largely meeting expectations, and announced a quarterly dividend.
Walmart has chosen to partner with the company on their fresh food's RFID technology, which could be a beneficial move for both parties. However, certain forecasts suggest a potential decline in their Q2 earnings. Nonetheless, the company is still slated as a valuable investment opportunity at its 52-week lows, according to some analysts. The firm’s acquisition of Meridian's Flooring Adhesives business for $390M offers an opportunity for growth in new sectors.
Avery Dennison Stocks AVY News Analytics from Wed, 26 Feb 2025 08:00:00 GMT to Sat, 08 Nov 2025 13:55:09 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -4
