
Avery Dennison Corporation (NYSE:AVY – Free Report) – Research analysts at Zacks Research lowered their FY2026 earnings estimates for shares of Avery Dennison in a report released on Tuesday, September 8th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $10.15 for the year, down from their prior estimate of $10.17. 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 FY2027 earnings at $11.03 EPS, Q1 2028 earnings at $2.97 EPS and FY2028 earnings at $11.98 EPS.
A number of other research firms have also issued reports on AVY. Weiss Ratings upgraded Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. increased their price objective on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Argus set a $175.00 price objective on shares of Avery Dennison in a research note on Thursday, June 4th. Truist Financial decreased their target price on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Finally, Bank of America reaffirmed a “buy” rating on shares of Avery Dennison in a report on Friday, August 14th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $201.22.
Avery Dennison Trading Down 0.5%
Shares of AVY opened at $169.92 on Thursday. Avery Dennison has a 12 month low of $152.42 and a 12 month high of $199.54. The stock’s 50-day moving average is $170.67 and its two-hundred day moving average is $168.66. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79. The stock has a market cap of $12.88 billion, a PE ratio of 18.61, a P/E/G ratio of 2.06 and a beta of 0.81.
Avery Dennison (NYSE:AVY – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The firm had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.30 billion. During the same period in the prior year, the company earned $2.42 EPS. The firm’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.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in AVY. Empowered Funds LLC increased its holdings in shares of Avery Dennison by 6.4% in the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock valued at $2,409,000 after acquiring an additional 819 shares during the last quarter. Focus Partners Wealth increased its stake in Avery Dennison by 7.6% during the first quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock valued at $697,000 after purchasing an additional 278 shares during the last quarter. Intech Investment Management LLC bought a new position in shares of Avery Dennison in the 1st quarter worth about $1,209,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Avery Dennison by 164.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 389 shares of the industrial products company’s stock valued at $68,000 after buying an additional 242 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of Avery Dennison in the 2nd quarter valued at about $241,000. Institutional investors and hedge funds own 94.17% of the company’s stock.
Insider Buying and Selling
In related news, 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 completion of the sale, the senior vice president directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.81% of the company’s stock.
Avery Dennison Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. Avery Dennison’s dividend payout ratio (DPR) is presently 43.81%.
About Avery Dennison
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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