Avery Dennison Corporation (NYSE:AVY) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analyst consensus: "Moderate Buy" — Ten firms cover Avery Dennison (8 buy, 2 hold) with an average 12‑month price target of $204.11, though several banks (Citigroup, JPMorgan, UBS) recently trimmed targets while Deutsche Bank initiated coverage with a buy at $200.
• Strong quarterly results and higher dividend — The company beat estimates with $2.47 EPS and $2.30B revenue (up 7% y/y), set Q2 2026 EPS guidance of 2.430–2.53, and raised its quarterly dividend to $1.00 (annualized $4.00, 2.5% yield).
• Insider selling but heavy institutional ownership — Insiders sold ~34,156 shares (~$5.93M) over the past three months, while institutional investors control ~94.17% of the stock, including large positions added by Norges Bank, Morgan Stanley and Wellington.

Shares of Avery Dennison Corporation (NYSE:AVY - Get Free Report) have been assigned an average rating of "Moderate Buy" from the ten research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $204.1111.

AVY has been the topic of several recent research reports. Citigroup lowered their target price on shares of Avery Dennison from $190.00 to $185.00 and set a "neutral" rating on the stock in a report on Thursday, April 30th. Weiss Ratings reissued a "hold (c)" rating on shares of Avery Dennison in a research report on Friday, March 27th. Deutsche Bank Aktiengesellschaft started coverage on Avery Dennison in a research note on Wednesday, April 1st. They set a "buy" rating and a $200.00 price objective on the stock. JPMorgan Chase & Co. cut their target price on Avery Dennison from $205.00 to $185.00 and set an "overweight" rating for the company in a research report on Wednesday, April 29th. Finally, UBS Group reduced their target price on Avery Dennison from $226.00 to $222.00 and set a "buy" rating on the stock in a report on Friday, April 10th.

Avery Dennison Stock Up 1.0%

AVY opened at $162.04 on Wednesday. The stock has a fifty day moving average of $173.56 and a 200-day moving average of $178.21. The company has a market capitalization of $12.46 billion, a P/E ratio of 18.27, a P/E/G ratio of 2.76 and a beta of 0.84. Avery Dennison has a fifty-two week low of $156.23 and a fifty-two week high of $199.54. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15.

Avery Dennison (NYSE:AVY - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.41 by $0.06. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The business had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the prior year, the company posted $2.30 earnings per share. Avery Dennison's revenue was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, equities analysts expect that Avery Dennison will post 10.06 EPS for the current year.

Avery Dennison Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be paid a dividend of $1.00 per share. The ex-dividend date is Wednesday, June 3rd. This is a positive change from Avery Dennison's previous quarterly dividend of $0.94. This represents a $4.00 dividend on an annualized basis and a yield of 2.5%. Avery Dennison's dividend payout ratio is currently 42.39%.

Insider Activity

In other news, SVP Ignacio J. Walker sold 1,156 shares of the business's stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the transaction, the senior vice president directly owned 7,588 shares in the company, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mitchell R. Butier sold 20,000 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the sale, the director directly owned 211,147 shares of the company's stock, valued at approximately $36,714,240.36. This trade represents a 8.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 34,156 shares of company stock worth $5,930,150. Insiders own 0.81% of the company's stock.

Hedge Funds Weigh In On Avery Dennison

Several hedge funds and other institutional investors have recently modified their holdings of AVY. Norges Bank acquired a new position in shares of Avery Dennison during the 4th quarter worth $188,438,000. Morgan Stanley raised its stake in Avery Dennison by 20.1% during the fourth quarter. Morgan Stanley now owns 3,869,889 shares of the industrial products company's stock worth $703,856,000 after acquiring an additional 647,795 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Avery Dennison by 12.5% in the third quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company's stock worth $942,039,000 after acquiring an additional 644,664 shares during the last quarter. Cooke & Bieler LP bought a new position in shares of Avery Dennison in the fourth quarter worth about $105,616,000. Finally, Balyasny Asset Management L.P. acquired a new stake in shares of Avery Dennison in the 3rd quarter valued at approximately $74,942,000. Institutional investors own 94.17% of the company's stock.

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.

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