Avery Dennison (NYSE:AVY) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised Avery Dennison’s price target to $200 from $190 and maintained an “overweight” rating, implying approximately 9.78% upside. Analysts overall rate the stock a “Moderate Buy,” with an average target of $200.10.
• Avery Dennison exceeded third-quarter expectations, reporting $2.42 in EPS and $2.33 billion in revenue, with revenue up 5.2% year over year. Materials demand and productivity improvements supported the results, although Solutions sales declined.
• Risks include margin pressure, uneven demand and ongoing customer destocking; the company also reaffirmed rather than raised its full-year earnings guidance. Two senior vice presidents recently sold shares, while institutional investors own 94.17% of the stock.

Avery Dennison (NYSE:AVY - Get Free Report) had its target price hoisted by analysts at JPMorgan Chase & Co. from $190.00 to $200.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has an "overweight" rating on the industrial products company's stock. JPMorgan Chase & Co.'s price target points to a potential upside of 9.78% from the stock's current price.

A number of other equities analysts have also recently issued reports on the company. Wall Street Zen upgraded Avery Dennison from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. UBS Group raised their target price on shares of Avery Dennison from $218.00 to $225.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Weiss Ratings raised shares of Avery Dennison from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. Bank of America reiterated a "buy" rating on shares of Avery Dennison in a research note on Friday, August 14th. Finally, Citigroup upped their price objective on shares of Avery Dennison from $184.00 to $186.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Avery Dennison currently has a consensus rating of "Moderate Buy" and an average target price of $200.10.

Avery Dennison Stock Performance

Avery Dennison stock traded up $0.13 during trading hours on Friday, reaching $182.19. 931,840 shares of the company were exchanged, compared to its average volume of 742,990. The firm has a market cap of $13.81 billion, a price-to-earnings ratio of 19.96, a PEG ratio of 2.17 and a beta of 0.79. The stock has a 50-day moving average of $174.25 and a 200 day moving average of $172.31. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 1.37. Avery Dennison has a 12 month low of $152.42 and a 12 month high of $199.54.

Avery Dennison (NYSE:AVY - Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The industrial products company reported $2.42 EPS for the quarter, topping analysts' consensus estimates of $2.32 by $0.10. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the prior year, the firm earned $2.37 EPS. The company's revenue was up 5.2% on a year-over-year basis. As a group, research analysts anticipate that Avery Dennison will post 10.14 earnings per share for the current year.

Insider Activity

In related news, SVP Nicholas Colisto sold 3,886 shares of the firm's stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total transaction of $663,262.48. Following the completion of the sale, the senior vice president directly owned 7,126 shares of the company's stock, valued at $1,216,265.68. This trade represents a 35.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Ignacio Walker sold 1,742 shares of Avery Dennison 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 transaction, the senior vice president directly owned 7,585 shares in the company, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.81% of the company's stock.

Institutional Investors Weigh In On Avery Dennison

A number of hedge funds have recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. bought a new stake in Avery Dennison during the 3rd quarter valued at $3,474,000. ProShare Advisors LLC grew its holdings in shares of Avery Dennison by 8.4% in the third quarter. ProShare Advisors LLC now owns 16,972 shares of the industrial products company's stock valued at $2,897,000 after purchasing an additional 1,321 shares during the period. Vise Technologies Inc. acquired a new position in shares of Avery Dennison in the 3rd quarter worth approximately $1,412,000. Moss Adams Wealth Advisors LLC acquired a new stake in shares of Avery Dennison during the third quarter worth about $261,000. Finally, Modera Wealth Management LLC acquired a new position in shares of Avery Dennison during the third quarter worth about $418,000. 94.17% of the stock is currently owned by institutional investors.

Key Avery Dennison News

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

Avery Dennison Company Profile

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.

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