Zacks Research Expects Lower Earnings for Avery Dennison

Avery Dennison Co. (NYSE:AVY - Free Report) - Equities research analysts at Zacks Research reduced their Q1 2026 EPS estimates for shares of Avery Dennison in a research report issued on Wednesday, May 7th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings of $2.49 per share for the quarter, down from their prior estimate of $2.50. The consensus estimate for Avery Dennison's current full-year earnings is $9.96 per share. Zacks Research also issued estimates for Avery Dennison's FY2026 earnings at $10.43 EPS and Q1 2027 earnings at $2.85 EPS.

Avery Dennison (NYSE:AVY - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The industrial products company reported $2.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.32 by ($0.02). Avery Dennison had a return on equity of 33.06% and a net margin of 8.05%. The firm had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.15 billion. During the same period last year, the firm posted $2.29 earnings per share. The company's revenue for the quarter was down .1% compared to the same quarter last year.

A number of other brokerages also recently commented on AVY. UBS Group lowered their price target on shares of Avery Dennison from $207.00 to $189.00 and set a "neutral" rating for the company in a report on Monday, April 7th. Argus lowered shares of Avery Dennison from a "strong-buy" rating to a "hold" rating in a research note on Monday. Raymond James dropped their price objective on Avery Dennison from $208.00 to $194.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 22nd. Truist Financial decreased their price objective on Avery Dennison from $215.00 to $210.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, Barclays reduced their price target on shares of Avery Dennison from $225.00 to $210.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $206.60.

Avery Dennison Price Performance

Shares of NYSE AVY traded down $0.14 during midday trading on Monday, reaching $181.74. 144,624 shares of the stock traded hands, compared to its average volume of 789,383. The company's 50 day moving average is $173.62 and its 200 day moving average is $185.98. Avery Dennison has a one year low of $157.00 and a one year high of $233.48. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.08 and a quick ratio of 0.73. The stock has a market capitalization of $14.21 billion, a PE ratio of 20.84, a P/E/G ratio of 2.07 and a beta of 0.88.

Institutional Trading of Avery Dennison

A number of institutional investors have recently bought and sold shares of AVY. Meyer Handelman Co. purchased a new position in shares of Avery Dennison in the fourth quarter worth $4,263,000. Fifth Third Wealth Advisors LLC acquired a new position in shares of Avery Dennison in the 4th quarter valued at $218,000. Merit Financial Group LLC purchased a new position in Avery Dennison in the 4th quarter worth $203,000. AdvisorNet Financial Inc lifted its position in Avery Dennison by 18.8% during the 4th quarter. AdvisorNet Financial Inc now owns 367 shares of the industrial products company's stock worth $69,000 after acquiring an additional 58 shares during the period. Finally, Running Oak Capital LLC lifted its position in Avery Dennison by 13.5% during the 4th quarter. Running Oak Capital LLC now owns 63,830 shares of the industrial products company's stock worth $11,945,000 after acquiring an additional 7,572 shares during the period. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Avery Dennison

In other news, Chairman Mitchell R. Butier sold 12,969 shares of the company's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $181.85, for a total transaction of $2,358,412.65. Following the transaction, the chairman now owns 303,331 shares in the company, valued at $55,160,742.35. This represents a 4.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.84% of the stock is currently owned by corporate insiders.

Avery Dennison Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be paid a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 2.07%. This is an increase from Avery Dennison's previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, June 4th. Avery Dennison's payout ratio is 43.32%.

Avery Dennison Company Profile

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.