Avery Dennison Q3 EPS Estimate Reduced by Zacks Research

Avery Dennison Corporation (NYSE:AVYFree Report) – Research analysts at Zacks Research dropped their Q3 2027 earnings per share (EPS) estimates for Avery Dennison in a research report issued on Thursday, March 12th. Zacks Research analyst Team now forecasts that the industrial products company will earn $2.77 per share for the quarter, down from their previous forecast of $2.78. The consensus estimate for Avery Dennison’s current full-year earnings is $9.96 per share.

Avery Dennison (NYSE:AVYGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.29 billion. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS.

Other research analysts have also issued reports about the stock. Citigroup boosted their price target on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. lifted their price objective on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. UBS Group boosted their target price on Avery Dennison from $218.00 to $226.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. BMO Capital Markets raised their price target on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $208.45.

Check Out Our Latest Research Report on AVY

Avery Dennison Stock Performance

NYSE AVY opened at $171.21 on Monday. The company’s 50 day simple moving average is $187.45 and its two-hundred day simple moving average is $177.15. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. Avery Dennison has a 1 year low of $156.23 and a 1 year high of $199.54. The stock has a market capitalization of $13.17 billion, a PE ratio of 19.50, a P/E/G ratio of 3.07 and a beta of 0.97.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in AVY. Vermillion & White Wealth Management Group LLC grew its stake in Avery Dennison by 89.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 80 shares during the period. Bartlett & CO. Wealth Management LLC lifted its position in Avery Dennison by 16,900.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after buying an additional 169 shares during the period. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Avery Dennison during the 3rd quarter valued at $29,000. Root Financial Partners LLC boosted its holdings in shares of Avery Dennison by 60.8% during the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after buying an additional 73 shares in the last quarter. Finally, Godfrey Financial Associates Inc. purchased a new stake in shares of Avery Dennison in the 4th quarter worth about $37,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Insider Buying and Selling at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the sale, the senior vice president owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mitchell R. Butier sold 20,000 shares of the stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the completion of the transaction, the director directly owned 211,147 shares of the company’s stock, valued at approximately $36,714,240.36. The trade was a 8.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,156 shares of company stock valued at $5,930,150 over the last 90 days. Company insiders own 0.84% of the company’s stock.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, March 4th. Avery Dennison’s payout ratio is presently 42.82%.

Avery Dennison Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Avery Dennison (NYSE:AVY)

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