Avery Dennison Corporation (NYSE:AVY) Stock Has Average Price Target of $199.20 According to Brokerages

Key Points

• Avery Dennison has a “Moderate Buy” consensus rating from 10 analysts, with seven buys and three holds. The average 12-month price target is $199.20 versus the stock’s recent price of $169.99.
• The company reported quarterly EPS of $2.89, beating estimates of $2.47, while revenue rose 10.9% year over year to $2.46 billion. Analysts expect full-year EPS of approximately $10.15.
• Avery Dennison paid a quarterly dividend of $1.00 per share, equivalent to a 2.4% annualized yield. Institutional investors own 94.17% of the stock, while insiders recently sold shares and collectively own 0.81%.

Shares of Avery Dennison Corporation (NYSE:AVY - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the ten research firms that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $199.20.

Several research firms have commented on AVY. Citigroup upped their price target on Avery Dennison from $184.00 to $186.00 and gave the company a "neutral" rating in a report on Friday, July 31st. UBS Group boosted their price objective on Avery Dennison from $218.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Truist Financial cut their target price on Avery Dennison from $221.00 to $209.00 and set a "buy" rating for the company in a research note on Wednesday, July 15th. Jefferies Financial Group reaffirmed a "hold" rating and issued a $181.00 target price on shares of Avery Dennison in a research report on Monday. Finally, Bank of America reiterated a "buy" rating on shares of Avery Dennison in a research note on Friday, August 14th.

Insider Activity

In other news, SVP Ignacio Walker sold 1,742 shares of Avery Dennison stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the sale, the senior vice president directly owned 7,585 shares in the company, valued at approximately $1,301,661.85. The trade was a 18.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Nicholas Colisto sold 3,886 shares of the company's stock in a transaction dated Tuesday, September 15th. The shares were 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 in the company, valued at approximately $1,216,265.68. The trade was a 35.29% decrease in their position. The SEC filing for this sale provides additional information. 0.81% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Avery Dennison

Several large investors have recently modified their holdings of the stock. Trust Co. of Vermont bought a new position in shares of Avery Dennison in the second quarter valued at about $27,000. Root Financial Partners LLC grew its holdings in Avery Dennison by 60.8% during the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company's stock worth $35,000 after acquiring an additional 73 shares during the last quarter. Elevation Wealth Partners LLC grew its holdings in Avery Dennison by 684.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company's stock worth $32,000 after acquiring an additional 171 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Avery Dennison in the 2nd quarter valued at about $40,000. Finally, Roxbury Financial LLC bought a new position in shares of Avery Dennison in the second quarter worth about $40,000. 94.17% of the stock is currently owned by institutional investors.

Avery Dennison Trading Down 1.0%

Shares of Avery Dennison stock opened at $169.99 on Friday. Avery Dennison has a 1 year low of $152.42 and a 1 year high of $199.54. The company's fifty day simple moving average is $174.16 and its 200-day simple moving average is $166.95. The company has a market cap of $12.88 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 2.08 and a beta of 0.79. 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 (NYSE:AVY - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, beating analysts' consensus estimates of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The business had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.30 billion. During the same quarter in the prior year, the business earned $2.42 earnings per share. The firm's revenue for the quarter was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. As a group, sell-side analysts expect that Avery Dennison will post 10.15 EPS for the current year.

Avery Dennison Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, September 2nd. Avery Dennison's dividend payout ratio (DPR) is presently 43.81%.

Avery Dennison Company Profile

Avery Dennison Corporation NYSE: AVY is a global materials science and manufacturing company that develops pressure-sensitive adhesives, functional materials and intelligent labeling solutions. Its products help identify, brand, decorate, track and protect products across a range of industries.

The company serves the apparel, retail, consumer goods, logistics, food, healthcare, automotive and industrial markets. Its offerings include label and graphic materials, self-adhesive tapes, specialty films, RFID inlays and tags, apparel labels, retail branding systems, packaging solutions and healthcare-related materials.

Avery Dennison was founded in 1935 by R.

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