Cramer Rosenthal Mcglynn LLC reduced its stake in Avery Dennison Corporation (NYSE:AVY) by 43.1% in the third quarter, bringing its total holdings to 47,252 shares valued at $7.66 million. Despite this reduction, institutional investors collectively own a significant 94.17% of Avery Dennison stock, with notable increases from Vanguard Group Inc. and others. Analyst ratings are generally positive (“Moderate Buy”) with an average price target of $208.45, reflecting confidence in the company’s financial performance, which recently beat EPS estimates and declared a quarterly dividend.
Cramer Rosenthal Mcglynn LLC Has $7.66 Million Holdings in Avery Dennison Corporation $AVY
Cramer Rosenthal Mcglynn LLC reduced its stake in Avery Dennison Corporation (NYSE:AVY) by 43.1% in the third quarter, bringing its total holdings to 47,252 shares valued at $7.66 million. Despite this reduction, institutional investors collectively own a significant 94.17% of Avery Dennison stock, with notable increases from Vanguard Group Inc. and others. Analyst ratings are generally positive (“Moderate Buy”) with an average price target of $208.45, reflecting confidence in the company’s financial performance, which recently beat EPS estimates and declared a quarterly dividend.