Q3 EPS Estimates for Avery Dennison Cut by Zacks Research

Avery Dennison Corporation (NYSE:AVY) – Analysts at Zacks Research reduced their Q3 2026 earnings estimates for shares of Avery Dennison in a research report issued to clients and investors on Friday, September 4th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $2.30 per share for the quarter, down from their previous estimate of $2.31. 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 Q2 2027 earnings at $2.98 EPS, Q3 2027 earnings at $2.62 EPS, Q1 2028 earnings at $2.98 EPS, Q2 2028 earnings at $3.09 EPS and FY2028 earnings at $12.00 EPS.

Several other analysts also recently weighed in on the stock. UBS Group lifted their target price on shares of Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a report on Friday, July 31st. Citigroup upped 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. JPMorgan Chase & Co. lifted their price objective on Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Weiss Ratings upgraded Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, Truist Financial decreased their target price on Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Avery Dennison currently has a consensus rating of “Moderate Buy” and a consensus target price of $201.22.

Avery Dennison Stock Performance

Shares of AVY stock opened at $170.87 on Monday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.79 and a current ratio of 1.13. The firm has a market cap of $12.95 billion, a P/E ratio of 18.71, a P/E/G ratio of 2.12 and a beta of 0.81. The firm’s 50 day moving average price is $170.53 and its 200-day moving average price is $168.83. Avery Dennison has a one year low of $152.42 and a one year high of $199.54.

Avery Dennison (NYSE:AVY) last announced its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The company had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.30 billion. During the same quarter last year, the firm posted $2.42 earnings per share. Avery Dennison’s revenue was up 10.9% compared to the same quarter last year. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS.

Avery Dennison Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be paid a $1.00 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Avery Dennison’s payout ratio is 43.81%.

Insider Activity at Avery Dennison

In other news, SVP Ignacio Walker sold 1,742 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total transaction of $298,944.62. Following the sale, the senior vice president owned 7,585 shares of the company’s stock, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.81% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Empowered Funds LLC increased its holdings in Avery Dennison by 6.4% during the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock worth $2,409,000 after purchasing an additional 819 shares during the period. Focus Partners Wealth boosted its stake in shares of Avery Dennison by 7.6% in the 1st quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock valued at $697,000 after buying an additional 278 shares during the period. Intech Investment Management LLC purchased a new position in shares of Avery Dennison in the 1st quarter valued at about $1,209,000. EverSource Wealth Advisors LLC grew its position in shares of Avery Dennison by 164.6% during the second quarter. EverSource Wealth Advisors LLC now owns 389 shares of the industrial products company’s stock worth $68,000 after buying an additional 242 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Avery Dennison during the second quarter worth approximately $241,000. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

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.