Avery Dennison Q4 EPS Estimate Reduced by Zacks Research

Key Points

• Zacks Research trimmed Avery Dennison’s Q4 2026 EPS estimate to $2.56 from $2.59, while the consensus full-year EPS estimate sits at $10.05.
• The company recently beat Wall Street expectations, reporting Q1 EPS of $2.47 versus $2.41 expected and revenue of $2.30 billion versus $2.26 billion estimated.
• Avery Dennison raised its quarterly dividend to $1.00 per share from $0.94, bringing the annualized payout to $4.00 and a yield of about 2.5%.

Avery Dennison Corporation (NYSE:AVY - Free Report) - Stock analysts at Zacks Research decreased their Q4 2026 earnings per share (EPS) estimates for shares of Avery Dennison in a report released on Tuesday, May 12th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $2.56 per share for the quarter, down from their previous estimate of $2.59. The consensus estimate for Avery Dennison's current full-year earnings is $10.05 per share.

Avery Dennison (NYSE:AVY - Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.41 by $0.06. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same period last year, the company earned $2.30 earnings per share. Avery Dennison's revenue was up 7.0% on a year-over-year basis. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS.

Several other equities analysts also recently commented on AVY. UBS Group cut their price target on shares of Avery Dennison from $226.00 to $222.00 and set a "buy" rating on the stock in a report on Friday, April 10th. JPMorgan Chase & Co. cut their target price on shares of Avery Dennison from $205.00 to $185.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 29th. Citigroup reduced their price target on Avery Dennison from $190.00 to $185.00 and set a "neutral" rating for the company in a research report on Thursday, April 30th. Truist Financial reissued a "buy" rating and set a $221.00 target price (down from $223.00) on shares of Avery Dennison in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Avery Dennison in a research note on Wednesday, April 1st. They issued a "buy" rating and a $200.00 target price for the company. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Avery Dennison currently has a consensus rating of "Moderate Buy" and a consensus price target of $204.11.

Avery Dennison Trading Down 0.9%

Shares of AVY opened at $158.66 on Thursday. The company's fifty day simple moving average is $169.68 and its 200-day simple moving average is $177.99. The company has a market cap of $12.14 billion, a P/E ratio of 17.89, a P/E/G ratio of 2.75 and a beta of 0.84. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 1.38. Avery Dennison has a twelve month low of $156.23 and a twelve month high of $199.54.

Avery Dennison Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be paid a $1.00 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. This is an increase from Avery Dennison's previous quarterly dividend of $0.94. Avery Dennison's dividend payout ratio (DPR) is presently 45.10%.

Insider Activity

In other news, Director Mitchell R. Butier sold 13,000 shares of the firm's stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the sale, the director directly owned 198,147 shares in the company, valued at $33,982,210.50. This trade represents a 6.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.81% of the stock is currently owned by insiders.

Institutional Trading of Avery Dennison

A number of institutional investors and hedge funds have recently modified their holdings of AVY. Bartlett & CO. Wealth Management LLC increased its stake in Avery Dennison by 16,900.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company's stock worth $31,000 after buying an additional 169 shares in the last quarter. Root Financial Partners LLC boosted its holdings in Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 73 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Avery Dennison in the third quarter worth approximately $36,000. Godfrey Financial Associates Inc. purchased a new position in shares of Avery Dennison during the 4th quarter worth $37,000. Finally, CYBER HORNET ETFs LLC purchased a new position in Avery Dennison during the second quarter worth about $37,000. Hedge funds and other institutional investors own 94.17% of the company's stock.

Key Avery Dennison News

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

• Positive Sentiment: Zacks Research lifted FY2028 EPS estimates to $11.88 from $11.86 and nudged Q1 2027 EPS higher, signaling stronger longer-term earnings potential for Avery Dennison.
• Positive Sentiment: The company recently beat quarterly earnings and revenue expectations, which supports confidence in the underlying business.
• Neutral Sentiment: A Seeking Alpha article described Avery Dennison as a “hold for now” due to uneven segment results, reinforcing a cautious view rather than a clearly bullish or bearish one. Article: Avery Dennison: Hold For Now, Due To Uneven Segment Results
• Negative Sentiment: Zacks Research lowered FY2026, Q2 2026, Q3 2026, FY2027, Q2 2027, and Q3 2027 EPS estimates, indicating softer expected earnings in the nearer term.
• Negative Sentiment: The stock’s valuation backdrop remains weak relative to recent history, with shares near the bottom of the 52-week range and below key moving averages, which can amplify negative reactions to cautious analyst revisions.

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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