Avery Dennison (NYSE:AVY) Price Target Raised to $200.00

Avery Dennison (NYSE:AVY) had its price target raised by JPMorgan Chase & Co. from $190.00 to $200.00 in a research report report published on Friday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the industrial products company’s stock.

A number of other equities research analysts also recently weighed in on AVY. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Citigroup increased their price target on Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Jefferies Financial Group reiterated a “hold” rating and set a $181.00 price objective on shares of Avery Dennison in a research note on Monday, September 28th. Bank of America restated a “buy” rating on shares of Avery Dennison in a report on Friday, August 14th. Finally, UBS Group upped their price target on shares of Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $200.10.

Avery Dennison Price Performance

NYSE:AVY opened at $182.19 on Friday. The firm has a market cap of $13.81 billion, a price-to-earnings ratio of 19.72, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.16 and a quick ratio of 0.80. The company has a 50 day moving average price of $174.24 and a 200-day moving average price of $172.28. Avery Dennison has a 1-year low of $152.42 and a 1-year high of $199.54.

Avery Dennison (NYSE:AVY) last issued its earnings results on Thursday, October 29th. The industrial products company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.10. Avery Dennison had a net margin of 7.56% and a return on equity of 33.88%. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period in the prior year, the business posted $2.37 earnings per share. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. Equities research analysts forecast that Avery Dennison will post 10.17 EPS for the current year.

Avery Dennison Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, December 2nd will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, December 2nd. Avery Dennison’s payout ratio is presently 43.29%.

Insiders Place Their Bets

In related news, SVP Nicholas Colisto sold 3,886 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total transaction of $663,262.48. Following the sale, the senior vice president directly owned 7,126 shares in the company, valued at approximately $1,216,265.68. This trade represents a 35.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Ignacio Walker sold 1,742 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total value of $298,944.62. Following the transaction, the senior vice president owned 7,585 shares in the company, valued at approximately $1,301,661.85. This trade represents a 18.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.81% of the company’s stock.

Institutional Investors Weigh In On Avery Dennison

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in Avery Dennison during the second quarter valued at about $1,052,464,000. Ninety One UK Ltd acquired a new stake in shares of Avery Dennison in the third quarter valued at about $341,344,000. Robeco Institutional Asset Management B.V. grew its position in Avery Dennison by 2,376.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 984,976 shares of the industrial products company’s stock worth $168,106,000 after buying an additional 945,195 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Avery Dennison in the 2nd quarter valued at about $142,169,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Avery Dennison in the 2nd quarter worth approximately $118,728,000. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Avery Dennison News Summary

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.