SCHEDULE: State Street Reports 5.3% Stake in Avery Dennison

State Street Corporation has disclosed beneficial ownership of 5.3% of Avery Dennison Corp.'s common stock as of June 30, 2026.

Summary

• State Street Corporation has filed a Schedule 13G, indicating it beneficially owns 4,048,625 shares of Avery Dennison Corp. common stock.
• This ownership represents 5.3% of the class of securities.
• The filing details State Street's sole and shared voting and dispositive powers over these shares.
• The date of the event requiring this filing is June 30, 2026.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting on beneficial ownership changes rather than company performance or strategic shifts.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."
• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by State Street Corporation is a standard disclosure for institutional investors crossing a certain ownership threshold. It signifies a significant but not controlling stake in Avery Dennison Corp., typical for large asset managers.

Stakeholder Impact

• Shareholders may note the increased institutional ownership by a major asset manager, which can sometimes influence stock liquidity and investor sentiment.

Key Dates

Keywords

beneficial ownership, Schedule 13G, institutional investor, common stock, Avery Dennison Corp