Zacks Research Lowers Earnings Estimates for Avery Dennison

Key Points

• Zacks Research cut its Q4 2026 EPS estimate for Avery Dennison to $2.38 from $2.49. Its current full-year consensus estimate is $10.17 per share.
• Avery Dennison’s latest quarter beat expectations, with EPS of $2.42 versus $2.32 expected and revenue of $2.33 billion, up 5.2% year over year.
• Analyst sentiment remains favorable: the stock has a “Moderate Buy” consensus rating and an average price target of $201.10. The company also announced a quarterly dividend of $1 per share, equivalent to a 2.1% yield.

Avery Dennison Corporation (NYSE:AVY - Free Report) - Research analysts at Zacks Research lowered their Q4 2026 earnings estimates for shares of Avery Dennison in a report released on Wednesday, November 11th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $2.38 for the quarter, down from their prior estimate of $2.49. The consensus estimate for Avery Dennison's current full-year earnings is $10.17 per share. Zacks Research also issued estimates for Avery Dennison's Q1 2027 earnings at $2.59 EPS, Q2 2027 earnings at $2.94 EPS and Q2 2028 earnings at $3.03 EPS.

Other equities research analysts have also issued research reports about the company. Weiss Ratings upgraded Avery Dennison from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, November 4th. JPMorgan Chase & Co. boosted their price target on Avery Dennison from $190.00 to $200.00 and gave the stock an "overweight" rating in a research report on Friday, October 30th. Truist Financial lowered their price objective on shares of Avery Dennison from $209.00 to $208.00 and set a "buy" rating for the company in a research report on Monday, October 12th. Citigroup lifted their price objective on shares of Avery Dennison from $186.00 to $191.00 and gave the company a "neutral" rating in a research note on Monday, November 2nd. Finally, Bank of America reiterated a "buy" rating on shares of Avery Dennison in a research note on Friday, August 14th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $201.10.

Avery Dennison Trading Down 0.6%

Shares of AVY opened at $187.13 on Friday. Avery Dennison has a 12 month low of $152.42 and a 12 month high of $199.54. The stock's 50-day moving average is $175.95 and its two-hundred day moving average is $172.34. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.16 and a quick ratio of 0.80. The stock has a market cap of $14.13 billion, a PE ratio of 20.25, a P/E/G ratio of 2.22 and a beta of 0.77.

Avery Dennison (NYSE:AVY - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The industrial products company reported $2.42 earnings per share for the quarter, topping analysts' consensus estimates of $2.32 by $0.10. Avery Dennison had a net margin of 7.56% and a return on equity of 33.88%. The firm had revenue of $2.33 billion during the quarter, compared to analysts' expectations of $2.26 billion. During the same period in the prior year, the company earned $2.37 EPS. The firm's revenue was up 5.2% on a year-over-year basis.

Institutional Trading of Avery Dennison

Several institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in Avery Dennison during the 2nd quarter worth $1,052,464,000. Wellington Management Group LLP lifted its position in shares of Avery Dennison by 9.1% during the second quarter. Wellington Management Group LLP now owns 5,788,479 shares of the industrial products company's stock worth $939,760,000 after purchasing an additional 482,054 shares during the last quarter. Ninety One UK Ltd bought a new position in shares of Avery Dennison during the third quarter worth about $341,344,000. Robeco Institutional Asset Management B.V. grew its stake in Avery Dennison by 2,376.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 984,976 shares of the industrial products company's stock worth $168,106,000 after purchasing an additional 945,195 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Avery Dennison by 1.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 956,886 shares of the industrial products company's stock worth $155,350,000 after purchasing an additional 17,769 shares in the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Avery Dennison

In other Avery Dennison news, SVP Nicholas Colisto sold 3,886 shares of Avery Dennison stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total transaction of $663,262.48. Following the sale, the senior vice president directly owned 7,126 shares in the company, valued at $1,216,265.68. The trade was a 35.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Andres Alberto Lopez sold 4,000 shares of the company's stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $193.80, for a total value of $775,200.00. Following the completion of the transaction, the director directly owned 1,147 shares in the company, valued at approximately $222,288.60. The trade was a 77.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.81% of the stock is owned by insiders.

Avery Dennison Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, December 2nd will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Wednesday, December 2nd. Avery Dennison's dividend payout ratio (DPR) is 43.29%.

About Avery Dennison

Avery Dennison is a global materials science and digital identification solutions company. Its products include pressure-sensitive labels and adhesives, packaging materials, and graphic films used in applications such as product labeling, vehicle graphics, and building signage. The company also develops technologies that help businesses identify and track products, including RFID inlays and tags, which can support inventory management and supply-chain visibility. Its solutions serve customers across industries such as apparel, food and beverage, logistics, healthcare, and retail.

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