Avery Dennison Corporation (NYSE:AVY) Receives Consensus Rating of “Moderate Buy” from Analysts

Avery Dennison Corporation (NYSE:AVY) has earned an average recommendation of “Moderate Buy” from the twelve research firms that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $208.4545.

A number of equities research analysts have weighed in on AVY shares. UBS Group lifted their price objective on Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. increased their target price on Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Citigroup boosted their price target on Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Finally, BMO Capital Markets increased their price objective on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th.

Insider Activity

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the sale, the senior vice president directly owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mitchell R. Butier sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the sale, the director directly owned 211,147 shares of the company’s stock, valued at approximately $36,714,240.36. The trade was a 8.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 34,156 shares of company stock valued at $5,930,150 over the last three months. 0.81% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Avery Dennison

A number of hedge funds and other institutional investors have recently bought and sold shares of AVY. Vanguard Group Inc. increased its position in Avery Dennison by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 10,448,799 shares of the industrial products company’s stock worth $1,900,428,000 after purchasing an additional 69,662 shares during the period. Wellington Management Group LLP boosted its stake in shares of Avery Dennison by 12.5% in the 3rd quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock valued at $942,039,000 after purchasing an additional 644,664 shares during the last quarter. Morgan Stanley grew its position in shares of Avery Dennison by 20.1% during the 4th quarter. Morgan Stanley now owns 3,869,889 shares of the industrial products company’s stock worth $703,856,000 after buying an additional 647,795 shares during the period. State Street Corp grew its position in shares of Avery Dennison by 0.9% during the 4th quarter. State Street Corp now owns 3,701,598 shares of the industrial products company’s stock worth $673,247,000 after buying an additional 34,124 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of Avery Dennison by 30.9% during the third quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock worth $298,613,000 after buying an additional 435,156 shares during the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Avery Dennison Trading Up 2.3%

Shares of AVY stock opened at $164.92 on Tuesday. The firm has a fifty day moving average of $185.67 and a 200-day moving average of $177.00. The stock has a market cap of $12.69 billion, a price-to-earnings ratio of 18.78, a P/E/G ratio of 2.88 and a beta of 0.97. Avery Dennison has a 52-week low of $156.23 and a 52-week high of $199.54. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13.

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

Avery Dennison Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were issued a $0.94 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $3.76 annualized dividend and a dividend yield of 2.3%. Avery Dennison’s dividend payout ratio is presently 42.82%.

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.