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Stocks•5 May 2026•

1 min read

Wolverine Asset Management Acquires New Stakes in Avery Dennison and Kenvue

Key Facts

1Wolverine Asset Management acquired 14,000 shares in Avery Dennison Corporation valued at approximately $2.546 million.

2The firm purchased 142,878 shares in Kenvue Inc. during the fourth quarter, valued at approximately $2.47 million.

3Avery Dennison exceeded quarterly EPS estimates and increased its dividend despite significant insider selling.

Wolverine Asset Management LLC has disclosed new institutional positions in Avery Dennison Corporation (AVY) and Kenvue Inc. (KVUE), with a combined value exceeding $5 million. The firm acquired 14,000 shares of Avery Dennison valued at approximately $2.546 million, following the company's move to beat quarterly EPS estimates and increase its dividend. Additionally, Wolverine purchased 142,878 shares in Kenvue during the fourth quarter, a position valued at roughly $2.47 million. These acquisitions follow strong financial performances, including Kenvue reporting robust revenue of $3.78 billion. While Avery Dennison has seen some insider selling, the new institutional stakes signal confidence in the underlying value of both entities. These strategic moves highlight Wolverine's focus on capitalizing on earnings beats and dividend growth within the industrial and consumer sectors.