Avery Dennison Corporation (AVY) to Issue Quarterly Dividend of $1.00 on September 16th

Avery Dennison Corporation (NYSE:AVY) announced a quarterly dividend on Wednesday, July 22nd. Investors of record on Wednesday, September 2nd will be given a dividend of 1.00 per share by the industrial products company on Wednesday, September 16th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, September 2nd.

Avery Dennison has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 15 years. Avery Dennison has a payout ratio of 37.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect Avery Dennison to earn $10.98 per share next year, which means the company should continue to be able to cover its $4.00 annual dividend with an expected future payout ratio of 36.4%.

Avery Dennison Stock Performance

Shares of NYSE AVY opened at $155.20 on Friday. 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’s 50-day moving average price is $159.44 and its two-hundred day moving average price is $171.82. Avery Dennison has a 52-week low of $152.42 and a 52-week high of $199.54. The stock has a market capitalization of $11.87 billion, a P/E ratio of 17.50, a P/E/G ratio of 2.80 and a beta of 0.82.

Avery Dennison (NYSE:AVY) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.41 by $0.06. The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.26 billion. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The business’s revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.30 earnings per share. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, sell-side analysts forecast that Avery Dennison will post 10 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AVY has been the subject of a number of recent research reports. Raymond James Financial set a $192.00 price objective on Avery Dennison in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft started coverage on shares of Avery Dennison in a report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price target for the company. UBS Group lowered 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 report on Friday, April 10th. Weiss Ratings cut shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Finally, Citigroup cut their price objective on shares of Avery Dennison from $185.00 to $184.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $200.11.

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.