JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Avery Dennison (NYSE:AVY) Stock

Avery Dennison (NYSE:AVY) had its target price raised by JPMorgan Chase & Co. from $195.00 to $205.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 8.02% from the stock’s current price.

Several other brokerages also recently weighed in on AVY. Citigroup upped their target price on Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday. Truist Financial lifted their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Argus set a $200.00 price objective on Avery Dennison in a research note on Tuesday, October 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Finally, UBS Group raised their price objective on shares of Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research note on Thursday. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Avery Dennison has an average rating of “Moderate Buy” and a consensus price target of $208.45.

Avery Dennison Price Performance

Shares of Avery Dennison stock traded down $1.74 on Monday, hitting $189.77. The company’s stock had a trading volume of 318,293 shares, compared to its average volume of 688,191. The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $14.67 billion, a P/E ratio of 21.65, a price-to-earnings-growth ratio of 3.36 and a beta of 1.00. The firm has a fifty day moving average price of $183.42 and a 200-day moving average price of $174.37. Avery Dennison has a 52-week low of $156.23 and a 52-week high of $196.00.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The firm had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter last year, the business posted $2.38 EPS. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. On average, equities research analysts expect that Avery Dennison will post 9.96 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in AVY. Steigerwald Gordon & Koch Inc. bought a new position in Avery Dennison during the third quarter worth about $29,000. Vermillion & White Wealth Management Group LLC grew its holdings in shares of Avery Dennison by 89.9% during the 2nd 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 in the last quarter. Bartlett & CO. Wealth Management LLC increased its holdings in Avery Dennison by 16,900.0% in the 4th 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. NewSquare Capital LLC raised its position in Avery Dennison by 156.2% during the second quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 114 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Avery Dennison during the 2nd quarter worth $35,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Company Profile

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.