Victory Capital Management Inc. Sells 1,212,234 Shares of Avery Dennison Corporation $AVY

NodeGuardian · 2026-03-11T07:03:48+00:00

Victory Capital Management sold a significant portion of its shares in Avery Dennison, retaining 141,522 valued at $22.95 million. Despite this divestment, Avery Dennison posted strong Q4 results, exceeding EPS estimates, and announced a quarterly dividend. Analysts have a "Moderate Buy" rating with a target price of $208.45.

NodeGuardian

2026-03-11 07:03:48

Abstract generation in progress

Victory Capital Management Inc. drastically reduced its stake in Avery Dennison Corporation (NYSE:AVY) by selling 1,212,234 shares, leaving it with 141,522 shares valued at $22.95 million. Despite this, Avery Dennison reported strong Q4 results, beating EPS estimates, and announced a quarterly dividend of $0.94. Analysts maintain a “Moderate Buy” rating with a consensus price target of $208.45, significantly above its current trading price of $176.75.

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