Avery Dennison (NYSE:AVY) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Avery Dennison (NYSE:AVY) issued its earnings results on Wednesday. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.05, FiscalAI reports. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The business had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the prior year, the business posted $2.38 EPS. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. Avery Dennison updated its Q1 2026 guidance to 2.400-2.46 EPS.

Avery Dennison Stock Up 1.5%

NYSE:AVY traded up $2.84 during trading hours on Wednesday, reaching $189.66. The company’s stock had a trading volume of 226,798 shares, compared to its average volume of 598,536. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.26 and a quick ratio of 0.89. Avery Dennison has a one year low of $156.23 and a one year high of $193.15. The business’s 50-day moving average is $182.20 and its 200-day moving average is $174.10. The company has a market cap of $14.66 billion, a price-to-earnings ratio of 21.49, a price-to-earnings-growth ratio of 3.14 and a beta of 1.00.

Analysts Set New Price Targets

Several equities analysts have issued reports on AVY shares. UBS Group raised Avery Dennison from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $181.00 to $218.00 in a report on Thursday, October 23rd. JPMorgan Chase & Co. upgraded Avery Dennison from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $182.00 to $195.00 in a research note on Thursday, October 23rd. Truist Financial lifted their price target on Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Citigroup raised their target price on shares of Avery Dennison from $180.00 to $188.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $204.36.

Institutional Trading of Avery Dennison

A number of large investors have recently bought and sold shares of AVY. Wellington Management Group LLP grew its holdings 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 worth $942,039,000 after purchasing an additional 644,664 shares during the last quarter. State Street Corp increased its holdings in Avery Dennison by 0.6% during the 3rd quarter. State Street Corp now owns 3,667,474 shares of the industrial products company’s stock valued at $594,754,000 after purchasing an additional 20,860 shares in the last quarter. Invesco Ltd. raised its position in Avery Dennison by 4.9% in the 3rd quarter. Invesco Ltd. now owns 1,659,862 shares of the industrial products company’s stock valued at $269,180,000 after purchasing an additional 77,272 shares during the last quarter. Bank of America Corp DE grew its holdings in Avery Dennison by 6.4% during the 3rd quarter. Bank of America Corp DE now owns 844,478 shares of the industrial products company’s stock worth $136,949,000 after acquiring an additional 50,727 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in shares of Avery Dennison by 14.9% during the third quarter. Qube Research & Technologies Ltd now owns 644,688 shares of the industrial products company’s stock valued at $104,549,000 after purchasing an additional 83,825 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors.

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.