Zacks Research Reduces Earnings Estimates for Avery Dennison

Avery Dennison Co. (NYSE:AVY - Free Report) - Analysts at Zacks Research decreased their Q2 2025 earnings estimates for Avery Dennison in a report issued on Monday, May 26th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $2.38 for the quarter, down from their prior estimate of $2.40. 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 $2.37 EPS, FY2025 earnings at $9.49 EPS, Q2 2026 earnings at $2.63 EPS, Q3 2026 earnings at $2.63 EPS, FY2026 earnings at $10.39 EPS, Q1 2027 earnings at $2.84 EPS and FY2027 earnings at $11.44 EPS.

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets reduced their target price on shares of Avery Dennison from $226.00 to $216.00 and set an "outperform" rating for the company in a research note on Friday, April 25th. JPMorgan Chase & Co. downgraded shares of Avery Dennison from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $205.00 to $172.00 in a research note on Thursday, April 24th. Robert W. Baird reduced their price objective on shares of Avery Dennison from $220.00 to $210.00 and set an "outperform" rating for the company in a research note on Thursday, April 24th. Argus cut shares of Avery Dennison from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 12th. Finally, UBS Group reduced their price objective on shares of Avery Dennison from $207.00 to $189.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $206.60.

Avery Dennison Stock Performance

Shares of AVY traded down $1.97 during trading hours on Wednesday, hitting $177.68. The company's stock had a trading volume of 1,306,679 shares, compared to its average volume of 616,775. The company has a market cap of $13.89 billion, a price-to-earnings ratio of 20.38, a PEG ratio of 2.07 and a beta of 0.88. 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 business has a 50 day simple moving average of $174.19 and a two-hundred day simple moving average of $184.06. Avery Dennison has a 52-week low of $157.00 and a 52-week high of $233.48.

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 for the quarter, missing the consensus estimate of $2.32 by ($0.02). The business had revenue of $2.15 billion during the quarter, compared to analysts' expectations of $2.15 billion. Avery Dennison had a return on equity of 33.06% and a net margin of 8.05%. Avery Dennison's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.29 EPS.

Institutional Investors Weigh In On Avery Dennison

Hedge funds have recently bought and sold shares of the stock. Nomura Holdings Inc. bought a new stake in Avery Dennison during the fourth quarter valued at approximately $496,000. Renaissance Technologies LLC bought a new stake in shares of Avery Dennison in the 4th quarter worth approximately $11,396,000. Vontobel Holding Ltd. lifted its holdings in shares of Avery Dennison by 11.7% in the 4th quarter. Vontobel Holding Ltd. now owns 1,434 shares of the industrial products company's stock worth $268,000 after acquiring an additional 150 shares during the last quarter. DoubleLine ETF Adviser LP bought a new stake in shares of Avery Dennison in the 4th quarter worth approximately $1,702,000. Finally, R Squared Ltd bought a new stake in shares of Avery Dennison in the 4th quarter worth approximately $157,000. 94.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Avery Dennison

In other Avery Dennison news, Chairman Mitchell R. Butier sold 8,068 shares of Avery Dennison stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $186.19, for a total transaction of $1,502,180.92. Following the completion of the sale, the chairman now directly owns 316,300 shares in the company, valued at $58,891,897. The trade was a 2.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.84% of the stock is currently owned by company insiders.

Avery Dennison Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Wednesday, June 4th. This is a positive change from Avery Dennison's previous quarterly dividend of $0.88. This represents a $3.76 annualized dividend and a yield of 2.12%. Avery Dennison's payout ratio is presently 43.32%.

About Avery Dennison

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.