JPMorgan Chase & Co. Issues Positive Forecast for Avery Dennison (NYSE:AVY) Stock Price

Avery Dennison (NYSE:AVY) had its price target increased by research analysts at JPMorgan Chase & Co. from $195.00 to $205.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 8.02% from the stock’s previous close.

Several other equities research analysts have also issued reports on AVY. Argus set a $200.00 price objective on Avery Dennison in a research note on Tuesday, October 28th. BMO Capital Markets raised their target price on shares of Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. Truist Financial boosted their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Finally, Citigroup raised their price target on Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $208.45.

Avery Dennison Trading Down 0.9%

Shares of Avery Dennison stock traded down $1.74 on Monday, reaching $189.77. 318,293 shares of the company’s stock were exchanged, compared to its average volume of 688,191. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. The company has a market capitalization of $14.67 billion, a P/E ratio of 21.65, a price-to-earnings-growth ratio of 3.36 and a beta of 1.00. The firm’s 50-day moving average is $183.42 and its two-hundred day moving average is $174.37. Avery Dennison has a 52 week low of $156.23 and a 52 week high of $196.00.

Avery Dennison (NYSE:AVY) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. The company had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.Avery Dennison’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Sell-side analysts predict that Avery Dennison will post 9.96 EPS for the current fiscal year.

Hedge Funds Weigh In On Avery Dennison

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AVY. Empowered Funds LLC lifted its holdings in shares of Avery Dennison by 6.4% in the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock worth $2,409,000 after acquiring an additional 819 shares during the last quarter. Focus Partners Wealth grew its stake in Avery Dennison by 7.6% during the 1st quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock worth $697,000 after buying an additional 278 shares during the last quarter. Intech Investment Management LLC purchased a new stake in shares of Avery Dennison in the first quarter valued at about $1,209,000. Vontobel Holding Ltd. acquired a new stake in shares of Avery Dennison in the 2nd quarter worth $219,000. Finally, Blair William & Co. IL boosted its stake in shares of Avery Dennison by 6.8% in the second quarter. Blair William & Co. IL now owns 7,029 shares of the industrial products company’s stock valued at $1,233,000 after buying an additional 447 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

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.