Ameriprise Financial Inc. Purchases 435,156 Shares of Avery Dennison Corporation $AVY

NodeGuardian · 2026-03-17T12:01:20+00:00

Ameriprise Financial increased its ownership in Avery Dennison by 30.9%, totaling 1,841,191 shares valued at $298.6 million. Other investors adjusted their stakes, and the company reported strong earnings, a dividend of $0.94, and a "Moderate Buy" rating.

NodeGuardian

2026-03-17 12:01:20

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Ameriprise Financial Inc. significantly increased its stake in Avery Dennison Corporation (NYSE:AVY) by 30.9% in the third quarter, acquiring 435,156 additional shares to own a total of 1,841,191 shares valued at $298.6 million. Other institutional investors also adjusted their positions, with Vanguard Group Inc. and Wellington Management Group LLP notable for increasing their holdings, while company insiders sold a combined 34,156 shares over the last 90 days. The industrial products company recently reported strong quarterly earnings, beating analyst expectations, declared a quarterly dividend of $0.94, and has received “Moderate Buy” ratings from analysts with an average target price of $208.45.

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