Zacks Research Forecasts Lower Earnings for Avery Dennison

Avery Dennison Corporation (NYSE:AVY) – Stock analysts at Zacks Research reduced their Q1 2027 earnings per share (EPS) estimates for Avery Dennison in a report issued on Friday, October 23rd. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $2.63 per share for the quarter, down from their prior forecast of $2.67. The consensus estimate for Avery Dennison’s current full-year earnings is $10.14 per share.

Other research analysts also recently issued research reports about the stock. UBS Group lifted their target price on shares of Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Citigroup boosted their target price on shares of Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. upped their price target on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Bank of America reaffirmed a “buy” rating on shares of Avery Dennison in a research report on Friday, August 14th. Finally, Truist Financial dropped their price objective on Avery Dennison from $209.00 to $208.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $199.10.

Avery Dennison Stock Performance

Shares of Avery Dennison stock opened at $181.68 on Monday. The firm has a fifty day simple moving average of $174.21 and a 200-day simple moving average of $172.37. Avery Dennison has a 1-year low of $152.42 and a 1-year high of $199.54.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.42. The company had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.30 billion. During the same period in the prior year, the company posted $2.42 EPS. The business’s revenue was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Wednesday, December 2nd will be paid a $1.00 dividend. The ex-dividend date is Wednesday, December 2nd. This represents a $4.00 annualized dividend and a dividend yield of 2.2%.

Insider Buying and Selling at Avery Dennison

In related news, SVP Ignacio Walker sold 1,742 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the completion of the transaction, the senior vice president directly owned 7,585 shares in the company, valued at $1,301,661.85. This represents a 18.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Nicholas Colisto sold 3,886 shares of the stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $170.68, for a total transaction of $663,262.48. Following the completion of the sale, the senior vice president directly owned 7,126 shares of the company’s stock, valued at approximately $1,216,265.68. This trade represents a 35.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.81% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AVY. Trust Co. of Vermont bought a new stake in shares of Avery Dennison in the second quarter valued at about $27,000. Activest Wealth Management bought a new position in Avery Dennison during the third quarter valued at about $27,000. Elevation Wealth Partners LLC increased its stake in Avery Dennison by 684.0% during the second quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 171 shares during the period. Louisbourg Investments Inc. acquired a new position in Avery Dennison in the 3rd quarter valued at approximately $39,000. Finally, Roxbury Financial LLC acquired a new position in Avery Dennison in the 2nd quarter valued at approximately $40,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Key Avery Dennison News

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

• Positive Sentiment: Avery Dennison previously reported quarterly revenue and earnings above analyst expectations, with revenue up 10.9% year over year. The company is also expected to deliver year-over-year revenue growth in its Materials Group during the upcoming quarter.
• Neutral Sentiment: Zacks Research maintained its consensus estimate of $10.14 in EPS for the current fiscal year. Its longer-term estimates still imply earnings growth, including $11.04 for fiscal 2027 and $11.97 for fiscal 2028, despite recent downward revisions. Zacks Research Cuts Earnings Estimates for Avery Dennison
• Negative Sentiment: Zacks lowered its Q3 2026 EPS forecast to $2.29 from $2.30 and cut fiscal 2027 EPS to $11.04 from $11.13. It also reduced fiscal 2028 EPS to $11.97 from $12.11, while trimming several 2027–2028 quarterly estimates by a few cents. These revisions point to softer expected profitability rather than a major change in the earnings outlook.
• Negative Sentiment: The Q3 earnings preview highlights softer automotive demand, customer inventory destocking and rising costs as potential headwinds to Avery Dennison’s margins and earnings. Avery Dennison Gears Up to Report Q3 Earnings: What to Expect?
• Negative Sentiment: A Seeking Alpha analysis argues that Avery Dennison has not yet demonstrated enough improvement to warrant an upgrade, reinforcing investor caution around valuation and near-term operating conditions. Avery Dennison Corporation Hasn’t Earned An Upgrade Yet

About Avery Dennison

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops and produces labeling, packaging, graphic, and functional materials. Its products are used by businesses across industries including consumer goods, retail, logistics, apparel, automotive, healthcare, and industrial manufacturing.

The company’s offerings include pressure-sensitive labels and label materials, adhesives, industrial and specialty tapes, graphic films, and packaging materials.