Avery Dennison Q3 Earnings Forecast Lifted by Zacks Research

Avery Dennison Corporation (NYSE:AVY) – Analysts at Zacks Research lifted their Q3 2026 earnings per share estimates for Avery Dennison in a report issued on Thursday, October 8th. Zacks Research analyst Team now forecasts that the industrial products company will earn $2.30 per share for the quarter, up from their previous forecast of $2.29. The consensus estimate for Avery Dennison’s current full-year earnings is $10.15 per share. Zacks Research also issued estimates for Avery Dennison’s Q4 2026 earnings at $2.49 EPS, Q1 2027 earnings at $2.67 EPS, Q3 2027 earnings at $2.67 EPS, Q4 2027 earnings at $2.79 EPS, FY2027 earnings at $11.13 EPS, Q1 2028 earnings at $2.99 EPS, Q3 2028 earnings at $2.91 EPS and FY2028 earnings at $12.11 EPS.

AVY has been the subject of several other research reports. Jefferies Financial Group reiterated a “hold” rating and set a $181.00 price target on shares of Avery Dennison in a research report on Monday, September 28th. UBS Group boosted their price target on shares of Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. raised their price objective on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Finally, Truist Financial lowered their target price on shares of Avery Dennison from $209.00 to $208.00 and set a “buy” rating for the company in a report on Monday. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $199.10.

Avery Dennison Stock Performance

Avery Dennison stock opened at $170.85 on Monday. 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 has a 1 year low of $152.42 and a 1 year high of $199.54. The company has a market cap of $12.95 billion, a PE ratio of 16.47, a PEG ratio of 2.02 and a beta of 0.79. The company’s 50-day moving average is $173.95 and its two-hundred day moving average is $167.04.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings results 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 business had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.30 billion. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%. The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the business earned $2.42 earnings per share. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AVY. Empirical Finance LLC boosted its stake in Avery Dennison by 3.2% during the second quarter. Empirical Finance LLC now owns 2,935 shares of the industrial products company’s stock worth $476,000 after buying an additional 90 shares in the last quarter. Lido Advisors LLC increased its holdings in Avery Dennison by 6.7% in the 1st quarter. Lido Advisors LLC now owns 1,466 shares of the industrial products company’s stock valued at $253,000 after buying an additional 92 shares during the period. Eastern Bank raised its stake in shares of Avery Dennison by 10.0% in the 2nd quarter. Eastern Bank now owns 1,045 shares of the industrial products company’s stock valued at $170,000 after buying an additional 95 shares in the last quarter. Elevation Wealth Partners LLC raised its stake in shares of Avery Dennison by 54.6% in the 3rd quarter. Elevation Wealth Partners LLC now owns 303 shares of the industrial products company’s stock valued at $52,000 after buying an additional 107 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its stake in shares of Avery Dennison by 7.5% in the 1st quarter. Apollon Wealth Management LLC now owns 1,741 shares of the industrial products company’s stock valued at $301,000 after buying an additional 121 shares in the last quarter. Institutional investors own 94.17% of the company’s stock.

Insider Activity

In other Avery Dennison news, SVP Nicholas Colisto sold 3,886 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total transaction of $663,262.48. Following the transaction, the senior vice president owned 7,126 shares in the company, valued at approximately $1,216,265.68. This trade represents a 35.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ignacio Walker sold 1,742 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total value of $298,944.62. Following the transaction, the senior vice president owned 7,585 shares of the company’s stock, valued at $1,301,661.85. The trade was a 18.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.81% of the company’s stock.

Avery Dennison Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd were paid a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, September 2nd. This represents a $4.00 annualized dividend and a yield of 2.3%. Avery Dennison’s dividend payout ratio is presently 43.81%.

Avery Dennison Company Profile

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops pressure-sensitive adhesives, functional materials and intelligent labeling solutions. Its products help identify, brand, decorate, track and protect products across a range of industries.

The company serves the apparel, retail, consumer goods, logistics, food, healthcare, automotive and industrial markets. Its offerings include label and graphic materials, self-adhesive tapes, specialty films, RFID inlays and tags, apparel labels, retail branding systems, packaging solutions and healthcare-related materials.

Avery Dennison was founded in 1935 by R.