Zacks Research Forecasts Lower Earnings for Avery Dennison

Avery Dennison Co. (NYSE:AVY - Free Report) - Analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for Avery Dennison in a research note issued on Wednesday, May 7th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $2.40 per share for the quarter, down from their prior forecast of $2.55. 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 Q3 2025 earnings at $2.38 EPS, Q4 2025 earnings at $2.44 EPS, FY2025 earnings at $9.53 EPS, Q2 2026 earnings at $2.64 EPS, Q3 2026 earnings at $2.64 EPS, Q4 2026 earnings at $2.65 EPS and FY2027 earnings at $11.48 EPS.

A number of other research analysts have also recently issued reports on AVY. Robert W. Baird decreased their target price on Avery Dennison from $220.00 to $210.00 and set an "outperform" rating for the company in a research note on Thursday, April 24th. BMO Capital Markets cut their price target on Avery Dennison from $226.00 to $216.00 and set an "outperform" rating on the stock in a report on Friday, April 25th. JPMorgan Chase & Co. lowered Avery Dennison from an "overweight" rating to a "neutral" rating and cut their price target for the company from $205.00 to $172.00 in a report on Thursday, April 24th. Raymond James cut their price target on Avery Dennison from $208.00 to $194.00 and set an "outperform" rating on the stock in a report on Tuesday, April 22nd. Finally, Truist Financial dropped their target price on Avery Dennison from $215.00 to $210.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Avery Dennison presently has a consensus rating of "Moderate Buy" and an average price target of $206.60.

Avery Dennison Trading Up 6.6%

NYSE:AVY traded up $11.40 on Friday, reaching $183.60. The company's stock had a trading volume of 1,466,720 shares, compared to its average volume of 606,976. Avery Dennison has a 1-year low of $157.00 and a 1-year high of $233.48. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.73 and a current ratio of 1.08. The firm has a market cap of $14.35 billion, a PE ratio of 21.05, a PEG ratio of 2.07 and a beta of 0.88. The business's 50-day moving average price is $173.77 and its two-hundred day moving average price is $186.38.

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

Avery Dennison Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th will be given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Wednesday, June 4th. This is an increase from Avery Dennison's previous quarterly dividend of $0.88. Avery Dennison's payout ratio is 43.32%.

Insiders Place Their Bets

In other news, Chairman Mitchell R. Butier sold 8,068 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $186.19, for a total value of $1,502,180.92. Following the transaction, the chairman now owns 316,300 shares of the company's stock, valued at approximately $58,891,897. This represents a 2.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.84% of the company's stock.

Hedge Funds Weigh In On Avery Dennison

Institutional investors and hedge funds have recently made changes to their positions in the company. Nordea Investment Management AB grew its position in shares of Avery Dennison by 485.2% in the fourth quarter. Nordea Investment Management AB now owns 35,630 shares of the industrial products company's stock valued at $6,715,000 after purchasing an additional 29,541 shares during the last quarter. Meyer Handelman Co. bought a new stake in shares of Avery Dennison in the fourth quarter valued at approximately $4,263,000. Fifth Third Wealth Advisors LLC bought a new stake in Avery Dennison during the fourth quarter worth $218,000. Merit Financial Group LLC bought a new stake in Avery Dennison during the fourth quarter worth $203,000. Finally, AdvisorNet Financial Inc lifted its stake in Avery Dennison by 18.8% during the fourth quarter. AdvisorNet Financial Inc now owns 367 shares of the industrial products company's stock worth $69,000 after purchasing an additional 58 shares during the last quarter. Institutional investors and hedge funds own 94.17% of the company's stock.

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.