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

Key Points

• Analysts maintain a “Moderate Buy” consensus on Avery Dennison, with seven buy ratings and two holds. The average 12-month price target is approximately $201.22, above the reported share price of $175.27.
• Avery Dennison 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.
• The company declared a quarterly dividend of $1.00, equivalent to $4.00 annually and a 2.3% yield; institutional investors own 94.17% of outstanding shares.

Shares of Avery Dennison Corporation (NYSE:AVY - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the nine research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $201.2222.

A number of research analysts have recently issued reports on AVY shares. Wall Street Zen raised Avery Dennison from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Weiss Ratings raised Avery Dennison from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. UBS Group increased their target price on Avery Dennison from $218.00 to $225.00 and gave the company a "buy" rating in a report on Friday, July 31st. Argus set a $175.00 price target on Avery Dennison in a research report on Thursday, June 4th. Finally, Citigroup raised their price target on Avery Dennison from $184.00 to $186.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st.

Insider Activity at Avery Dennison

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

Institutional Investors Weigh In On Avery Dennison

A number of large investors have recently added to or reduced their stakes in AVY. Trust Co. of Vermont purchased a new position in Avery Dennison during the 2nd quarter valued at $27,000. Elevation Wealth Partners LLC lifted its position in shares of Avery Dennison by 684.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company's stock worth $32,000 after purchasing an additional 171 shares during the period. Root Financial Partners LLC lifted its position in shares of Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company's stock worth $35,000 after purchasing an additional 73 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in shares of Avery Dennison during the 3rd quarter valued at about $36,000. Finally, Godfrey Financial Associates Inc. bought a new stake in shares of Avery Dennison during the 4th quarter valued at about $37,000. Institutional investors own 94.17% of the company's stock.

Avery Dennison Stock Up 0.1%

Shares of AVY opened at $175.27 on Tuesday. Avery Dennison has a 1 year low of $152.42 and a 1 year high of $199.54. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79. The stock has a 50 day simple moving average of $170.36 and a two-hundred day simple moving average of $169.00. The firm has a market cap of $13.28 billion, a P/E ratio of 19.20, a P/E/G ratio of 2.12 and a beta of 0.81.

Avery Dennison (NYSE:AVY - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 EPS 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 firm had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same period last year, the firm posted $2.42 earnings per share. The business'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. On average, analysts forecast that Avery Dennison will post 10.15 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be issued 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 dividend payout ratio (DPR) is currently 43.81%.

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.

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