Avery Dennison stock hits 52-week low at 156.26 USD

Avery Dennison Corp’s stock recently reached a 52-week low, hitting a price of 156.26 USD. According to InvestingPro analysis, the company maintains a "GOOD" overall financial health score, and has impressively maintained dividend payments for 55 consecutive years. This marks a significant downturn for the company, as it reflects a 28.37% decrease over the past year. While the decline in stock value highlights ongoing challenges, technical indicators from InvestingPro suggest the stock is currently in oversold territory, and analysis indicates the stock may be undervalued at current levels. Investors and analysts will be closely monitoring Avery Dennison’s performance and strategic initiatives as the company navigates these turbulent times. For deeper insights, InvestingPro offers 8 additional expert tips and a comprehensive Pro Research Report, providing valuable analysis for informed investment decisions.

In other recent news, Avery Dennison Corporation has announced several notable developments. The company reported a €500 million public offering of senior notes with a 4% interest rate, set to mature in 2035. The proceeds from this offering are intended for general corporate purposes, including financing acquisitions and repaying existing debt. Avery Dennison also declared a quarterly cash dividend of $0.94 per share, payable on September 17, 2025.

Additionally, Avery Dennison signed an agreement to acquire Meridian Adhesives Group’s U.S.-based flooring adhesives business for $390 million, with the business projected to generate approximately $110 million in revenue in 2025. In leadership changes, Francisco Melo has been appointed as President of Intelligent Labels Technologies and Digital Solutions, while David Flitman, CEO of US Foods, has joined Avery Dennison’s board of directors. These recent developments highlight Avery Dennison’s strategic moves in financial management and organizational leadership.

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