Avery Dennison (NYSE:AVY) Reaches New 12-Month High – Should You Buy?

Avery Dennison Corporation (NYSE:AVY) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $197.11 and last traded at $196.40, with a volume of 30790 shares trading hands. The stock had previously closed at $192.78.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. JPMorgan Chase & Co. boosted their price objective on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Monday. Truist Financial upped their price objective on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. UBS Group boosted their price target on Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Finally, Citigroup raised their price objective on Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $208.45.

Avery Dennison Price Performance

The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. The stock has a market capitalization of $15.15 billion, a price-to-earnings ratio of 22.34, a price-to-earnings-growth ratio of 3.39 and a beta of 1.00. The company has a 50-day simple moving average of $184.47 and a two-hundred day simple moving average of $174.67.

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

Avery Dennison Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be issued a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, March 4th. Avery Dennison’s payout ratio is 42.82%.

Insider Transactions at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $192.95, for a total value of $223,050.20. Following the sale, the senior vice president directly owned 7,588 shares in the company, valued at $1,464,104.60. This trade represents a 13.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.84% of the stock is owned by company insiders.

Institutional Investors Weigh In On Avery Dennison

A number of hedge funds and other institutional investors have recently modified their holdings of AVY. Vermillion & White Wealth Management Group LLC grew its position in Avery Dennison by 89.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock valued at $30,000 after buying an additional 80 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its stake in shares of 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 worth $31,000 after acquiring an additional 169 shares during the period. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Avery Dennison during the third quarter valued at approximately $29,000. NewSquare Capital LLC raised its holdings in Avery Dennison by 156.2% during the second quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 114 shares in the last quarter. Finally, Root Financial Partners LLC lifted its position in Avery Dennison by 60.8% in the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 73 shares during the period. 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.