AVERY DENNISON CORP

Ticker: AVY CUSIP: 053611109 Class: COM

FIDUCIARY MANAGEMENT INC /WI/'s Holding History (CIK: 0000764532)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 1,400,814 Value ($000) $254,780 Avg Close $172.31 Range $155.38 - $188.21

Q3 2025

Shares 1,505,699 Value ($000) $244,179 Avg Close $170.70 Range $157.64 - $184.53

Q2 2025

Shares 1,226,100 Value ($000) $215,144 Avg Close $172.71 Range $154.46 - $181.27

Q1 2025

Shares 1,292,477 Value ($000) $230,022 Avg Close $180.35 Range $170.22 - $192.30

Q4 2024

Shares 1,337,293 Value ($000) $250,248 Avg Close $199.18 Range $181.41 - $216.58

Q3 2024

Shares 1,399,680 Value ($000) $308,993 Avg Close $209.91 Range $195.38 - $226.70

Q2 2024

Shares 1,247,441 Value ($000) $272,753 Avg Close $214.94 Range $201.58 - $224.81

Q1 2024

Shares 1,322,864 Value ($000) $295,329 Avg Close $200.09 Range $186.44 - $217.87

Q4 2023

Shares 1,419,385 Value ($000) $286,943 Avg Close $179.50 Range $158.54 - $196.28

Q3 2023

Shares 1,524,174 Value ($000) $278,421 Avg Close $173.25 Range $159.20 - $183.75

Q2 2023

Shares 1,577,370 Value ($000) $270,992 Avg Close $162.78 Range $151.11 - $171.71

Q1 2023

Shares 1,385,942 Value ($000) $247,987 Avg Close $172.27 Range $156.29 - $185.55

Q4 2022

Shares 1,266,554 Value ($000) $229,246 Avg Close $168.26 Range $148.35 - $184.41

Q3 2022

Shares 1,417,732 Value ($000) $230,665 Avg Close $170.59 Range $149.95 - $191.98

Q2 2022

Shares 1,475,661 Value ($000) $238,865 Avg Close $160.04 Range $142.43 - $173.96

Q1 2022

Shares 369,255 Value ($000) $64,239 Avg Close $173.42 Range $146.39 - $204.35

Q1 2021

Shares 798,885 Value ($000) $146,715 Avg Close $157.26 Range $135.60 - $172.41

Q4 2020

Shares 986,150 Value ($000) $152,962 Avg Close $132.77 Range $112.28 - $144.07

Q3 2020

Shares 1,167,912 Value ($000) $149,306 Avg Close $107.75 Range $100.26 - $118.86

Q2 2020

Shares 1,257,814 Value ($000) $143,504 Avg Close $99.81 Range $84.60 - $114.55

Q1 2020

Shares 1,321,998 Value ($000) $134,672 Avg Close $110.79 Range $69.79 - $127.32

Q4 2019

Shares 1,289,927 Value ($000) $168,748 Avg Close $113.51 Range $96.20 - $121.28

Q3 2019

Shares 1,315,401 Value ($000) $149,390 Avg Close $102.14 Range $96.21 - $107.84

Q2 2019

Shares 1,570,436 Value ($000) $181,668 Avg Close $97.43 Range $88.01 - $104.01

Q1 2019

Shares 1,585,626 Value ($000) $179,176 Avg Close $91.54 Range $76.88 - $101.15

Q4 2018

Shares 1,607,093 Value ($000) $144,365 Avg Close $82.95 Range $73.34 - $96.84

Q3 2018

Shares 1,208,908 Value ($000) $130,985 Avg Close $94.30 Range $87.35 - $101.88

Q2 2018

Shares 812,663 Value ($000) $82,973 Avg Close $92.28 Range $87.26 - $97.17

Q1 2018

Shares 699,007 Value ($000) $74,269 Avg Close $100.63 Range $89.35 - $107.33

Q4 2017

Shares 708,938 Value ($000) $81,429 Avg Close $93.55 Range $84.84 - $102.34

Q3 2017

Shares 974,342 Value ($000) $95,817 Avg Close $81.06 Range $76.10 - $86.53

Q2 2017

Shares 984,758 Value ($000) $87,023 Avg Close $71.76 Range $67.71 - $77.00

Q1 2017

Shares 985,569 Value ($000) $79,437 Avg Close $66.26 Range $59.19 - $70.26

Q4 2016

Shares 909,889 Value ($000) $63,892 Avg Close $61.60 Range $58.03 - $66.31

Q3 2016

Shares 859,299 Value ($000) $66,845 Avg Close $64.42 Range $59.62 - $66.84

Q2 2016

Shares 888,949 Value ($000) $66,449 Avg Close $62.34 Range $59.66 - $65.15

Q1 2016

Shares 944,474 Value ($000) $68,106 Avg Close $53.99 Range $47.51 - $60.83

Q4 2015

Shares 1,017,504 Value ($000) $63,757 Avg Close $52.41 Range $46.73 - $55.49

Q3 2015

Shares 1,807,413 Value ($000) $102,245 Avg Close $49.76 Range $44.07 - $53.33

Q2 2015

Shares 2,129,864 Value ($000) $129,794 Avg Close $47.65 Range $41.67 - $51.97

Q1 2015

Shares 2,155,356 Value ($000) $114,040 Avg Close $43.09 Range $41.14 - $44.48

Q4 2014

Shares 2,161,101 Value ($000) $112,118 Avg Close $38.42 Range $32.74 - $43.00

Q3 2014

Shares 1,881,611 Value ($000) $84,014 Avg Close $39.08 Range $35.87 - $41.51

Q2 2014

Shares 1,903,756 Value ($000) $97,567 Avg Close $39.53 Range $37.11 - $41.56

Q1 2014

Shares 1,871,101 Value ($000) $94,809 Avg Close $39.54 Range $36.58 - $41.44

Q4 2013

Shares 1,896,597 Value ($000) $95,190 Avg Close $37.09 Range $33.03 - $40.24

Q3 2013

Shares 1,917,257 Value ($000) $83,439 Avg Close $34.67 Range $33.27 - $36.67

Q2 2013

Shares 1,889,282 Value ($000) $80,786 Avg Close $33.15 Range $30.81 - $34.85

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,400,814	$254,780	$172.31	$155.38 - $188.21
Q3 2025	1,505,699	$244,179	$170.70	$157.64 - $184.53
Q2 2025	1,226,100	$215,144	$172.71	$154.46 - $181.27
Q1 2025	1,292,477	$230,022	$180.35	$170.22 - $192.30
Q4 2024	1,337,293	$250,248	$199.18	$181.41 - $216.58
Q3 2024	1,399,680	$308,993	$209.91	$195.38 - $226.70
Q2 2024	1,247,441	$272,753	$214.94	$201.58 - $224.81
Q1 2024	1,322,864	$295,329	$200.09	$186.44 - $217.87
Q4 2023	1,419,385	$286,943	$179.50	$158.54 - $196.28
Q3 2023	1,524,174	$278,421	$173.25	$159.20 - $183.75
Q2 2023	1,577,370	$270,992	$162.78	$151.11 - $171.71
Q1 2023	1,385,942	$247,987	$172.27	$156.29 - $185.55
Q4 2022	1,266,554	$229,246	$168.26	$148.35 - $184.41
Q3 2022	1,417,732	$230,665	$170.59	$149.95 - $191.98
Q2 2022	1,475,661	$238,865	$160.04	$142.43 - $173.96
Q1 2022	369,255	$64,239	$173.42	$146.39 - $204.35
Q1 2021	798,885	$146,715	$157.26	$135.60 - $172.41
Q4 2020	986,150	$152,962	$132.77	$112.28 - $144.07
Q3 2020	1,167,912	$149,306	$107.75	$100.26 - $118.86
Q2 2020	1,257,814	$143,504	$99.81	$84.60 - $114.55
Q1 2020	1,321,998	$134,672	$110.79	$69.79 - $127.32
Q4 2019	1,289,927	$168,748	$113.51	$96.20 - $121.28
Q3 2019	1,315,401	$149,390	$102.14	$96.21 - $107.84
Q2 2019	1,570,436	$181,668	$97.43	$88.01 - $104.01
Q1 2019	1,585,626	$179,176	$91.54	$76.88 - $101.15
Q4 2018	1,607,093	$144,365	$82.95	$73.34 - $96.84
Q3 2018	1,208,908	$130,985	$94.30	$87.35 - $101.88
Q2 2018	812,663	$82,973	$92.28	$87.26 - $97.17
Q1 2018	699,007	$74,269	$100.63	$89.35 - $107.33
Q4 2017	708,938	$81,429	$93.55	$84.84 - $102.34
Q3 2017	974,342	$95,817	$81.06	$76.10 - $86.53
Q2 2017	984,758	$87,023	$71.76	$67.71 - $77.00
Q1 2017	985,569	$79,437	$66.26	$59.19 - $70.26
Q4 2016	909,889	$63,892	$61.60	$58.03 - $66.31
Q3 2016	859,299	$66,845	$64.42	$59.62 - $66.84
Q2 2016	888,949	$66,449	$62.34	$59.66 - $65.15
Q1 2016	944,474	$68,106	$53.99	$47.51 - $60.83
Q4 2015	1,017,504	$63,757	$52.41	$46.73 - $55.49
Q3 2015	1,807,413	$102,245	$49.76	$44.07 - $53.33
Q2 2015	2,129,864	$129,794	$47.65	$41.67 - $51.97
Q1 2015	2,155,356	$114,040	$43.09	$41.14 - $44.48
Q4 2014	2,161,101	$112,118	$38.42	$32.74 - $43.00
Q3 2014	1,881,611	$84,014	$39.08	$35.87 - $41.51
Q2 2014	1,903,756	$97,567	$39.53	$37.11 - $41.56
Q1 2014	1,871,101	$94,809	$39.54	$36.58 - $41.44
Q4 2013	1,896,597	$95,190	$37.09	$33.03 - $40.24
Q3 2013	1,917,257	$83,439	$34.67	$33.27 - $36.67
Q2 2013	1,889,282	$80,786	$33.15	$30.81 - $34.85