Avery Dennison Q3 EPS Forecast Decreased by Zacks Research

Key Points

• Zacks Research lowered Avery Dennison’s Q3 2026 EPS estimate to $2.29 from $2.30, while forecasting $2.49 EPS for Q4 and noting a full-year consensus estimate of $10.15 per share.
• Avery Dennison recently exceeded quarterly expectations, reporting $2.89 EPS versus the $2.47 consensus and $2.46 billion in revenue, up 10.9% year over year.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus rating and an average price target of $201.22 versus the stock’s recent price of $170.87. The company also declared a quarterly dividend of $1.00, representing a 2.3% yield.

Avery Dennison Corporation (NYSE:AVY - Free Report) - Equities researchers at Zacks Research cut their Q3 2026 earnings estimates for shares of Avery Dennison in a research note issued to investors on Tuesday, September 8th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $2.29 per share for the quarter, down from their previous estimate of $2.30. The consensus estimate for Avery Dennison's current full-year earnings is $10.15 per share. Zacks Research also issued estimates for Avery Dennison's Q4 2026 earnings at $2.49 EPS.

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 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 during the quarter, compared to analysts' expectations of $2.30 billion. During the same quarter last year, the business earned $2.42 earnings per share. The business's revenue for the quarter 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.

AVY has been the subject of several other reports. Citigroup lifted their price objective on Avery Dennison from $184.00 to $186.00 and gave the stock a "neutral" rating in a report on Friday, July 31st. Bank of America reiterated a "buy" rating on shares of Avery Dennison in a research report on Friday, August 14th. Weiss Ratings raised shares of Avery Dennison from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. raised their target price on shares of Avery Dennison from $185.00 to $190.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Finally, Argus set a $175.00 target price on shares of Avery Dennison in a research report on Thursday, June 4th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Avery Dennison has an average rating of "Moderate Buy" and a consensus target price of $201.22.

Avery Dennison Price Performance

Shares of NYSE:AVY opened at $170.87 on Wednesday. The firm has a market capitalization of $12.95 billion, a price-to-earnings ratio of 18.71, a price-to-earnings-growth ratio of 2.12 and a beta of 0.81. 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 business's 50 day simple moving average is $170.53 and its 200-day simple moving average is $168.83. Avery Dennison has a 12 month low of $152.42 and a 12 month high of $199.54.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Coldstream Capital Management Inc. boosted its holdings in shares of Avery Dennison by 2.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company's stock worth $393,000 after purchasing an additional 54 shares during the last quarter. Huntington National Bank increased its stake in Avery Dennison by 3.2% in the fourth quarter. Huntington National Bank now owns 1,832 shares of the industrial products company's stock valued at $333,000 after purchasing an additional 56 shares during the last quarter. Resources Management Corp CT ADV lifted its position in Avery Dennison by 0.8% during the second quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company's stock worth $1,369,000 after buying an additional 62 shares during the period. Rothschild Investment LLC lifted its position in Avery Dennison by 22.9% during the fourth quarter. Rothschild Investment LLC now owns 387 shares of the industrial products company's stock worth $70,000 after buying an additional 72 shares during the period. Finally, Root Financial Partners LLC boosted its stake 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 worth $35,000 after buying an additional 73 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Ignacio Walker sold 1,742 shares of the company's stock in a transaction that occurred 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 transaction, the senior vice president owned 7,585 shares of the company's stock, valued at approximately $1,301,661.85. This represents a 18.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.81% of the company's stock.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, September 2nd. Avery Dennison's payout ratio is currently 43.81%.

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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