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

Shares of Avery Dennison Corporation (NYSE:AVY) have earned an average rating of “Moderate Buy” from the ten analysts that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $201.3333.

A number of equities analysts recently commented on the company. Argus set a $175.00 target price on Avery Dennison in a report on Thursday, June 4th. JPMorgan Chase & Co. cut their target price 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. UBS Group decreased their price target on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Truist Financial reiterated a “buy” rating and set a $221.00 price target (down from $223.00) on shares of Avery Dennison in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Avery Dennison in a research report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price objective on the stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AVY. Vanguard Group Inc. boosted its holdings in Avery Dennison by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 10,448,799 shares of the industrial products company’s stock valued at $1,900,428,000 after purchasing an additional 69,662 shares in the last quarter. Wellington Management Group LLP raised its holdings in Avery Dennison by 12.5% during the third quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock worth $942,039,000 after purchasing an additional 644,664 shares in the last quarter. Morgan Stanley lifted its position in shares of Avery Dennison by 20.1% during the 4th quarter. Morgan Stanley now owns 3,869,889 shares of the industrial products company’s stock worth $703,856,000 after buying an additional 647,795 shares during the last quarter. State Street Corp boosted its holdings in shares of Avery Dennison by 0.9% in the 4th quarter. State Street Corp now owns 3,701,598 shares of the industrial products company’s stock valued at $673,247,000 after buying an additional 34,124 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Avery Dennison by 30.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock valued at $298,613,000 after buying an additional 435,156 shares during the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Avery Dennison Stock Performance

Shares of Avery Dennison stock opened at $163.34 on Thursday. The business’s fifty day simple moving average is $160.65 and its 200-day simple moving average is $174.30. Avery Dennison has a 52 week low of $152.42 and a 52 week high of $199.54. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 1.38. The firm has a market cap of $12.49 billion, a PE ratio of 18.42, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82.

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

Avery Dennison Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.4%. This is a boost from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend was Wednesday, June 3rd. Avery Dennison’s dividend payout ratio is currently 45.10%.

Avery Dennison Company Profile

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.