JPMorgan Chase & Co. Issues Positive Forecast for Avery Dennison (NYSE:AVY) Stock Price

Avery Dennison (NYSE:AVY) had its target price lifted by JPMorgan Chase & Co. from $185.00 to $190.00 in a research note released on Friday,Benzinga reports. The brokerage currently has an overweight rating on the industrial products company’s stock.

Other equities analysts have also recently issued research reports about the company. Raymond James Financial set a $192.00 price target on Avery Dennison in a report on Tuesday, April 21st. Truist Financial dropped their price objective on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. UBS Group boosted their target price on shares of Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday. Weiss Ratings downgraded shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, June 8th. Finally, Citigroup raised their price target on shares of Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a report on Friday. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $201.22.

Avery Dennison Trading Down 2.6%

NYSE:AVY opened at $170.33 on Friday. The business’s 50-day moving average is $160.66 and its two-hundred day moving average is $171.23. The firm has a market capitalization of $13.03 billion, a PE ratio of 18.66, a price-to-earnings-growth ratio of 3.11 and a beta of 0.82. Avery Dennison has a 12 month low of $152.42 and a 12 month high of $199.54. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.80.

Avery Dennison (NYSE:AVY) last issued its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.42. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The company had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.30 billion. During the same quarter in the prior year, the business earned $2.42 earnings per share. The company’s revenue was up 10.9% compared to the same quarter last year. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. Research analysts predict that Avery Dennison will post 10 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be issued a dividend of $1.00 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a yield of 2.3%. Avery Dennison’s payout ratio is currently 45.10%.

Hedge Funds Weigh In On Avery Dennison

Several institutional investors and hedge funds have recently made changes to their positions in the business. Revolve Wealth Partners LLC bought a new stake in shares of Avery Dennison in the second quarter worth $591,000. Franklin Street Advisors Inc. NC boosted its stake in Avery Dennison by 12.2% during the 2nd quarter. Franklin Street Advisors Inc. NC now owns 2,757 shares of the industrial products company’s stock valued at $448,000 after acquiring an additional 299 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Avery Dennison during the 2nd quarter worth $40,000. Elevation Wealth Partners LLC increased its position in shares of Avery Dennison by 684.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 171 shares during the last quarter. Finally, Czech National Bank increased its position in shares of Avery Dennison by 3.4% in the 2nd quarter. Czech National Bank now owns 21,772 shares of the industrial products company’s stock worth $3,535,000 after purchasing an additional 721 shares during the last quarter. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Avery Dennison

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Q2 results beat estimates: Avery Dennison reported adjusted earnings of $2.89 per share versus the $2.47 consensus estimate, while revenue reached $2.46 billion, above the $2.30 billion forecast. Revenue increased 10.9% year over year, supported by pricing, productivity gains and volume growth. Avery Dennison Q2 earnings report
• Positive Sentiment: Materials Group showed strong momentum: Materials Group sales rose 15.9% to approximately $1.80 billion, helping offset a 0.5% decline in Solutions Group sales. Net income increased 8% to $204.1 million, and the company returned $347 million to shareholders through dividends and repurchases during the first half. Avery Dennison Q2 sales and earnings
• Positive Sentiment: Analyst confidence improved: JPMorgan raised its price target from $185 to $190 and assigned an “overweight” rating, implying roughly 11.5% potential upside from the referenced price. The upgrade reinforces investor optimism following the earnings release. JPMorgan raises Avery Dennison price target
• Neutral Sentiment: Guidance supports the bull case but requires execution: Avery Dennison provided full-year 2026 reported EPS guidance of $9.40 to $9.70. The earnings call highlighted continued benefits from pricing and productivity, but investors will monitor whether those gains persist as demand conditions evolve. Avery Dennison earnings and guidance analysis
• Negative Sentiment: Destocking is a risk: The company flagged possible customer destocking in the second half, which could pressure volumes and temper the earnings momentum reflected in the latest quarter. Solutions Group’s year-over-year sales decline also signals uneven performance across the portfolio. Avery Dennison Q2 earnings analysis
• Negative Sentiment: Insider selling may weigh on sentiment: Reported insider activity showed 24 sales and no purchases over the past six months, including substantial selling by senior executives. While insider transactions do not necessarily reflect operating expectations, the imbalance may concern some investors.

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.