Zacks Research Expects Reduced Earnings for Avery Dennison

Avery Dennison Corporation (NYSE:AVY) – Equities research analysts at Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for shares of Avery Dennison in a report issued on Wednesday, August 12th. Zacks Research analyst Team now forecasts that the industrial products company will earn $2.31 per share for the quarter, down from their prior forecast of $2.52. The consensus estimate for Avery Dennison’s current full-year earnings is $10.13 per share. Zacks Research also issued estimates for Avery Dennison’s Q4 2026 earnings at $2.50 EPS, FY2026 earnings at $10.17 EPS, Q1 2027 earnings at $2.69 EPS, Q2 2027 earnings at $2.93 EPS, Q3 2027 earnings at $2.68 EPS, Q4 2027 earnings at $2.75 EPS, FY2027 earnings at $11.06 EPS, Q1 2028 earnings at $2.96 EPS, Q2 2028 earnings at $3.08 EPS and FY2028 earnings at $11.95 EPS.

A number of other equities analysts have also commented on AVY. Argus set a $175.00 price objective on shares of Avery Dennison in a report on Thursday, June 4th. UBS Group raised their target price on Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Bank of America boosted their price target on Avery Dennison from $202.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Raymond James Financial set a $192.00 price target on Avery Dennison in a report on Tuesday, April 21st. Finally, Truist Financial lowered their price objective on Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $201.22.

Avery Dennison Price Performance

AVY opened at $180.70 on Thursday. The company has a fifty day simple moving average of $163.47 and a 200 day simple moving average of $170.50. The firm has a market cap of $13.70 billion, a price-to-earnings ratio of 19.79, a PEG ratio of 3.12 and a beta of 0.81. Avery Dennison has a twelve month low of $152.42 and a twelve month high of $199.54. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 1.37.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.42. The company had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.30 billion. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. Avery Dennison’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter last year, the company earned $2.42 earnings per share. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS.

Avery Dennison Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be given a $1.00 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. Avery Dennison’s payout ratio is presently 43.81%.

Insider Activity

In other news, SVP Ignacio J. Walker sold 1,742 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the transaction, the senior vice president owned 7,585 shares of the company’s stock, valued at approximately $1,301,661.85. This trade represents a 18.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.81% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AVY. BlackRock Inc. acquired a new stake in shares of Avery Dennison during the second quarter worth $1,052,464,000. Norges Bank acquired a new position in shares of Avery Dennison in the 4th quarter valued at about $188,438,000. Morgan Stanley grew 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 valued at $703,856,000 after buying an additional 647,795 shares during the last quarter. Wellington Management Group LLP raised its stake 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 acquiring an additional 644,664 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in Avery Dennison in the second quarter worth about $101,896,000. Institutional investors own 94.17% of the company’s stock.

Avery Dennison News Summary

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

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $10.17 from $10.03, above the current consensus estimate of $10.13. The firm also increased FY2027 EPS to $11.06 from $10.92 and FY2028 EPS to $11.95 from $11.88, pointing to stronger longer-term earnings expectations.
• Positive Sentiment: Additional upward revisions included Q2 2027 EPS to $2.93 from $2.70, Q1 2027 EPS to $2.69 from $2.68, Q1 2028 EPS to $2.96 from $2.93, and Q2 2028 EPS to $3.08 from $2.97. These changes support the view that Avery Dennison can sustain earnings growth beyond the current year.
• Neutral Sentiment: A recent Zacks article highlighted Avery Dennison as a potential growth stock based on its Style Scores, but it did not announce a new contract, product, or change in company guidance. Here’s Why Avery Dennison is a Strong Growth Stock
• Negative Sentiment: Zacks cut its Q3 2026 EPS forecast sharply to $2.31 from $2.52 and reduced Q4 2026 EPS to $2.50 from $2.56. The revisions imply softer near-term earnings momentum.
• Negative Sentiment: Later-period quarterly estimates were also trimmed: Q3 2027 EPS fell to $2.68 from $2.72 and Q4 2027 EPS declined to $2.75 from $2.81. These reductions partially offset the more optimistic full-year forecasts.

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.