Avery Dennison Corporation (NYSE:AVY) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Avery Dennison has a “Moderate Buy” consensus rating from nine analysts, with seven buys and two holds; the average 12-month price target is approximately $201.22.
• The company exceeded quarterly expectations, reporting $2.89 in EPS versus the $2.47 consensus and revenue of $2.46 billion, up 10.9% year over year.
• Avery Dennison declared a quarterly dividend of $1.00 per share, equivalent to $4.00 annually and a 2.2% yield; institutional investors own 94.17% of the stock.

Shares of Avery Dennison Corporation (NYSE:AVY - Get Free Report) have received an average recommendation of "Moderate Buy" from the nine research firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $201.2222.

Several equities analysts have recently commented on AVY shares. Bank of America increased their price target on shares of Avery Dennison from $202.00 to $210.00 and gave the stock a "buy" rating in a research report on Tuesday, July 14th. Truist Financial lowered their price objective on Avery Dennison from $221.00 to $209.00 and set a "buy" rating for the company in a report on Wednesday, July 15th. Weiss Ratings upgraded Avery Dennison from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday. UBS Group increased their target price on Avery Dennison from $218.00 to $225.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Finally, Argus set a $175.00 target price on Avery Dennison in a research report on Thursday, June 4th.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,742 shares of the business's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the completion of the sale, the senior vice president owned 7,585 shares in the company, valued at $1,301,661.85. The trade was a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.81% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of AVY. Vanguard Group Inc. raised its stake in Avery Dennison by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 10,448,799 shares of the industrial products company's stock worth $1,900,428,000 after acquiring an additional 69,662 shares during the period. BlackRock Inc. acquired a new position in Avery Dennison in the second quarter valued at approximately $1,052,464,000. Wellington Management Group LLP grew its holdings in shares of Avery Dennison by 12.5% during the third quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company's stock valued at $942,039,000 after purchasing an additional 644,664 shares during the last quarter. Morgan Stanley grew its holdings in shares of Avery Dennison by 20.1% during the fourth quarter. Morgan Stanley now owns 3,869,889 shares of the industrial products company's stock valued at $703,856,000 after purchasing an additional 647,795 shares during the last quarter. Finally, State Street Corp raised its position in shares of Avery Dennison by 0.9% during the 4th quarter. State Street Corp now owns 3,701,598 shares of the industrial products company's stock worth $673,247,000 after purchasing an additional 34,124 shares during the period. 94.17% of the stock is owned by institutional investors and hedge funds.

Avery Dennison Stock Performance

Avery Dennison stock opened at $179.61 on Friday. Avery Dennison has a 52 week low of $152.42 and a 52 week high of $199.54. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 1.37. The stock has a market cap of $13.61 billion, a P/E ratio of 19.67, a price-to-earnings-growth ratio of 3.13 and a beta of 0.81. The stock has a 50 day moving average of $163.99 and a 200-day moving average of $170.45.

Avery Dennison (NYSE:AVY - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.42. The firm had revenue of $2.46 billion for the quarter, compared to analysts' expectations of $2.30 billion. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The firm's quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the company posted $2.42 earnings per share. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, analysts expect that Avery Dennison will post 10.15 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a dividend of $1.00 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a yield of 2.2%. Avery Dennison's dividend payout ratio (DPR) is 43.81%.

Trending Headlines about Avery Dennison

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Zacks Research increased its FY2026 EPS estimate to $10.17 from $10.03, lifted FY2027 EPS to $11.06 from $10.92, and raised FY2028 EPS to $11.95 from $11.88. The firm also increased estimates for Q1 2027, Q2 2027, Q1 2028 and Q2 2028, signaling improved longer-term earnings expectations. Avery Dennison analyst estimate revisions
• Positive Sentiment: A Zacks analysis characterized Avery Dennison as a potential growth stock, citing the company’s underlying growth attributes and the possibility of strong shareholder returns. Is Avery Dennison a Solid Growth Stock?
• Neutral Sentiment: The current full-year consensus EPS estimate is $10.13, while Zacks Research now projects $10.17 for FY2026, suggesting only modest upside to near-term consensus expectations.
• Negative Sentiment: Zacks Research cut its Q3 2026 EPS forecast to $2.31 from $2.52 and reduced its Q4 2026 estimate to $2.50 from $2.56. It also lowered Q3 2027 EPS to $2.68 from $2.72 and Q4 2027 EPS to $2.75 from $2.81, indicating some pressure on the near- and intermediate-term earnings outlook.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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