Avery Dennison Stock - Sunday background on business and recent developments
21.06.2026 - 08:17:08 | ad-hoc-news.de
Edited by ad hoc news Background & Management Desk. Verified prior to publication on 06/21/2026, 08:10 CET. Details in the imprint.
Avery Dennison (US0536111091) is a US-based labeling and materials specialist with shares listed on the New York Stock Exchange under the ticker AVY. With no new ad-hoc announcements or major wire reports over the past day, this Sunday update focuses on the company’s background and positioning in its sector.
Background and data on Avery Dennison stock
Key figures, news and filings help investors track Avery Dennison’s performance and role in the global labeling and packaging value chain.
What recent filings show
Avery Dennison last reported quarterly figures for the first quarter of 2024 on 04/24/2024, posting net sales of $2.15 billion, essentially flat year-on-year. Reported earnings per share were $2.29, up from $1.70 in the prior-year quarter, reflecting improved margins and restructuring benefits.
Management described demand in key label and packaging markets as mixed but improving, with strength in intelligent labels and specialty materials offsetting softer volumes in some traditional label categories. The company reaffirmed its full-year 2024 adjusted EPS guidance range of $9.00 to $9.50, signaling confidence in margin resilience and cost discipline.
Background and management focus
Founded in 1935 and headquartered in Mentor, Ohio, Avery Dennison has evolved from a label manufacturer into a global provider of pressure-sensitive materials, labeling solutions and RFID-based intelligent labeling systems. It operates in more than 50 countries and serves end markets from consumer goods and logistics to apparel branding.
The company is led by Chairman and CEO Mitch Butier, who has held the chief executive role since 2016 and oversaw a series of portfolio moves aimed at higher-margin segments such as performance tapes and intelligent labels. Under his leadership, Avery Dennison has emphasized disciplined capital allocation, including bolt-on acquisitions and a progressive dividend policy.
How Avery Dennison makes money
The core business groups are Materials Group and Solutions Group, which together generate the bulk of revenue from label and graphic materials, apparel labeling, and RFID tags and inlays. Materials Group provides pressure-sensitive label and packaging materials used in food, beverage, personal care and industrial applications worldwide.
Solutions Group focuses on branding and information solutions for apparel, retail and logistics, including RFID products that support inventory accuracy and supply-chain visibility. Management sees intelligent labels as a key long-term growth driver as retailers, brand owners and logistics providers digitize their physical inventory.
Sector context and peers
Avery Dennison sits in the global packaging, materials and labeling industry, alongside companies such as Amcor, Packaging Corporation of America and CCL Industries. The business is exposed to consumer-staples and discretionary demand, industrial production and e-commerce shipping volumes.
Compared with some commodity packaging peers, Avery Dennison’s mix leans more toward specialized label materials and solutions, which typically carry higher margins but also require consistent innovation. The company also competes with regional label and converting firms in markets across Europe, Asia and the Americas.
Financial profile and balance sheet
As of the end of the first quarter of 2024, Avery Dennison reported total debt of around $3.5 billion and net debt to adjusted EBITDA in a range management considers consistent with its investment-grade profile. Liquidity is supported by committed credit facilities and cash on hand.
The company has a history of returning cash to shareholders through dividends and share repurchases, within the guardrails of its leverage targets. Dividend payments have been raised regularly over the past decade, reflecting management’s confidence in the cash-generative nature of the business.
Recent stock performance snapshot
With no major new corporate announcements over the past 24 hours, Avery Dennison shares have been trading mainly on broader market sentiment and sector moves. Over the past 12 months, the stock has generally tracked the performance of the S&P 500 industrials and materials components, with periods of outperformance when label volumes and margins surprised positively.
On a fundamental basis, investors often compare Avery Dennison’s valuation multiples, such as forward price-to-earnings and enterprise value to EBITDA, with both packaging peers and broader industrial names, in order to gauge whether the stock is pricing in its higher-margin profile and RFID growth options.
The product behind the stock
A representative product line for Avery Dennison is its RFID inlays and tags, which embed radio-frequency identification technology into labels used for apparel, logistics and inventory tracking. These products help retailers and brand owners improve stock accuracy, reduce shrink and enable frictionless checkout concepts.
Where the stock trades today
The shares of Avery Dennison (US0536111091) trade on the New York Stock Exchange under the ticker AVY; the latest verifiable price data from public sources precede this article’s verification time, so no up-to-the-minute quote is provided here.
Key facts on Avery Dennison stock
- Company: Avery Dennison Corp.
- ISIN: US0536111091
- WKN: 860402
- Ticker: AVY
- Venue: NYSE
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
