Shares of Avery Dennison Corporation (NYSE:AVY – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $200.10.
A number of research firms have recently weighed in on AVY. Bank of America restated a “buy” rating on shares of Avery Dennison in a report on Friday, August 14th. Citigroup boosted their price objective on shares of Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. UBS Group upped their price objective 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. Weiss Ratings upgraded shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, Wall Street Zen downgraded Avery Dennison from a “buy” rating to a “hold” rating in a report on Saturday.
Get Our Latest Report on Avery Dennison
Insider Transactions at Avery Dennison
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE bought a new stake in Avery Dennison in the 2nd quarter worth about $142,169,000. HighTower Advisors LLC raised its stake in Avery Dennison by 32.9% in the second quarter. HighTower Advisors LLC now owns 68,647 shares of the industrial products company’s stock worth $11,145,000 after buying an additional 17,003 shares in the last quarter. QRG Capital Management Inc. grew its stake in Avery Dennison by 172.3% during the 2nd quarter. QRG Capital Management Inc. now owns 7,301 shares of the industrial products company’s stock worth $1,185,000 after buying an additional 4,620 shares during the last quarter. AXQ Capital LP acquired a new position in shares of Avery Dennison in the second quarter valued at about $1,053,000. Finally, Corient Private Wealth LP raised its position in Avery Dennison by 91.1% during the second quarter. Corient Private Wealth LP now owns 124,011 shares of the industrial products company’s stock valued at $20,133,000 after acquiring an additional 59,109 shares in the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.
Avery Dennison Stock Performance
Shares of AVY stock opened at $182.19 on Wednesday. Avery Dennison has a 52 week low of $152.42 and a 52 week high of $199.54. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.80 and a current ratio of 1.16. The company has a market capitalization of $13.81 billion, a price-to-earnings ratio of 19.72, a PEG ratio of 2.15 and a beta of 0.79. The company has a 50-day simple moving average of $174.24 and a 200 day simple moving average of $172.28.
Avery Dennison (NYSE:AVY – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The industrial products company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.10. The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.26 billion. Avery Dennison had a return on equity of 33.88% and a net margin of 7.56%. The business’s revenue was up 5.2% on a year-over-year basis. During the same period last year, the business earned $2.37 EPS. On average, sell-side analysts predict that Avery Dennison will post 10.17 earnings per share for the current year.
Avery Dennison Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Wednesday, December 2nd will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, December 2nd. Avery Dennison’s payout ratio is 43.29%.
Avery Dennison News Roundup
Here are the key news stories impacting Avery Dennison this week:
- Positive Sentiment: Q3 earnings and revenue beat estimates. Avery Dennison reported earnings of $2.42 per share versus the $2.32 consensus estimate, while revenue rose 5.2% year over year to $2.33 billion, ahead of the roughly $2.26 billion forecast. Productivity improvements and pricing supported the result. Avery Dennison Q3 Earnings and Revenues Beat Estimates
- Positive Sentiment: Materials demand remained strong. Materials Group sales increased 8.5% to $1.64 billion, helping offset a 1.8% decline in Solutions Group sales. Management also indicated that customer destocking is easing, which could improve demand visibility. Avery Dennison Posts Third-Quarter Sales and EPS
- Positive Sentiment: Analyst price target increased. Raymond James raised its target for AVY to $198 from $192, signaling continued confidence in the company’s earnings resilience and operating improvements. Raymond James Raises Avery Dennison Price Target
- Neutral Sentiment: Full-year guidance was maintained. Avery Dennison reaffirmed reported 2026 EPS guidance of $9.45 to $9.59 rather than issuing an upside revision. The stable outlook provides support, but may limit additional upside from the earnings announcement. Avery Dennison Provides 2026 Earnings Guidance
- Negative Sentiment: Profitability and demand risks remain. Management continues to face margin pressure and uneven customer demand, particularly in Solutions, while ongoing destocking could weigh on near-term volumes. Recent insider selling may also modestly temper sentiment, although it is not necessarily tied to operating performance. Avery Dennison Earnings Beat Estimates on Productivity
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.
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