Avery Dennison Corporation (NYSE:AVY) Given Average Rating of “Moderate Buy” by Analysts

Avery Dennison Corporation (NYSE:AVY) has received an average recommendation of “Moderate Buy” from the ten analysts that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $201.3333.

Several equities analysts have recently commented on AVY shares. Raymond James Financial set a $192.00 price target on shares of Avery Dennison in a research report on Tuesday, April 21st. Argus set a $175.00 price target on shares of Avery Dennison in a research report on Thursday. Deutsche Bank Aktiengesellschaft began coverage on shares of Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price target on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Finally, Truist Financial reiterated a “buy” rating and set a $221.00 price objective (down from $223.00) on shares of Avery Dennison in a research note on Wednesday, April 29th.

Insiders Place Their Bets

In related news, Director Mitchell R. Butier sold 13,000 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the sale, the director owned 198,147 shares in the company, valued at $33,982,210.50. This represents a 6.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.81% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Avery Dennison

Several institutional investors and hedge funds have recently bought and sold shares of AVY. Coldstream Capital Management Inc. boosted its position in shares of Avery Dennison by 2.6% during the 4th quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company’s stock valued at $393,000 after acquiring an additional 54 shares in the last quarter. Huntington National Bank boosted its position in shares of Avery Dennison by 3.2% during the 4th quarter. Huntington National Bank now owns 1,832 shares of the industrial products company’s stock valued at $333,000 after acquiring an additional 56 shares in the last quarter. Portside Wealth Group LLC boosted its position in shares of Avery Dennison by 4.7% during the 3rd quarter. Portside Wealth Group LLC now owns 1,340 shares of the industrial products company’s stock valued at $217,000 after acquiring an additional 60 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of Avery Dennison by 3.4% during the 4th quarter. Capital Investment Advisors LLC now owns 1,838 shares of the industrial products company’s stock valued at $334,000 after acquiring an additional 61 shares in the last quarter. Finally, Resources Management Corp CT ADV boosted its position in shares of Avery Dennison by 0.8% during the 2nd quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock valued at $1,369,000 after acquiring an additional 62 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Stock Performance

Shares of AVY stock opened at $153.39 on Friday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15. Avery Dennison has a one year low of $152.55 and a one year high of $199.54. The company’s 50-day simple moving average is $164.76 and its 200-day simple moving average is $176.01. The stock has a market capitalization of $11.73 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 2.68 and a beta of 0.82.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.41 by $0.06. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the company posted $2.30 earnings per share. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Equities analysts anticipate that Avery Dennison will post 10.05 earnings per share for the current fiscal year.

Avery Dennison Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.6%. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date is Wednesday, June 3rd. Avery Dennison’s dividend payout ratio (DPR) is currently 45.10%.

About Avery Dennison

Avery Dennison (NYSE:AVY) is a global materials science and manufacturing company specializing in labeling and packaging solutions. The company develops pressure-sensitive materials, tags and labels, and adhesive technologies that help brands and businesses enhance product identification, branding and supply-chain performance. Avery Dennison’s offerings range from industrial and retail labeling to high-performance tapes, films and graphics materials used across multiple end markets.

The company operates through several key segments, including Label and Graphic Materials, which supplies pressure-sensitive materials for consumer goods; Retail Branding and Information Solutions, offering apparel tags, RFID inlays and digital product identification; Pressure-Sensitive Materials, providing specialty tapes and adhesives; and RF Technologies, focused on advanced RFID and IoT labeling solutions.