Avery Dennison Corporation (NYSE:AVY) Receives $204.11 Average Target Price from Analysts

Avery Dennison Corporation (NYSE:AVY) has received an average recommendation of “Moderate Buy” from the ten analysts that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $201.3333.

Several research analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a report on Friday, March 27th. Raymond James Financial set a $192.00 price objective on Avery Dennison in a report on Tuesday, April 21st. Argus set a $175.00 price objective on Avery Dennison in a report on Thursday. Truist Financial reaffirmed a “buy” rating and set a $221.00 price objective (down from $223.00) on shares of Avery Dennison in a report on Wednesday, April 29th. Finally, Citigroup reduced their price objective on Avery Dennison from $190.00 to $185.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th.

Insider Transactions at Avery Dennison

In other Avery Dennison news, Director Mitchell R. Butier sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the completion of the sale, the director owned 211,147 shares in the company, valued at approximately $36,714,240.36. The trade was a 8.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.81% of the company’s stock.

Institutional Trading of Avery Dennison

Several institutional investors and hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC raised its position in shares of Avery Dennison by 9.5% during the 1st quarter. Parallel Advisors LLC now owns 1,469 shares of the industrial products company’s stock valued at $254,000 after acquiring an additional 127 shares during the last quarter. Optiver Holding B.V. raised its position in shares of Avery Dennison by 430.0% during the 1st quarter. Optiver Holding B.V. now owns 318 shares of the industrial products company’s stock valued at $55,000 after acquiring an additional 258 shares during the last quarter. Summitry LLC bought a new stake in shares of Avery Dennison during the 1st quarter valued at $399,000. Groupama Asset Managment bought a new stake in shares of Avery Dennison during the 1st quarter valued at $424,000. Finally, Kentucky Retirement Systems bought a new stake in shares of Avery Dennison during the 1st quarter valued at $1,377,000. Institutional investors own 94.17% of the company’s stock.

Avery Dennison Stock Up 1.4%

NYSE AVY opened at $155.34 on Friday. The firm has a market cap of $11.88 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 2.67 and a beta of 0.82. Avery Dennison has a one year low of $152.55 and a one year high of $199.54. The stock’s 50 day simple moving average is $164.45 and its 200 day simple moving average is $175.86. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.15 and a quick ratio of 0.80.

Avery Dennison (NYSE:AVY) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $0.06. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period in the prior year, the company earned $2.30 EPS. Avery Dennison’s revenue for the quarter was up 7.0% on a year-over-year basis. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, sell-side analysts forecast that Avery Dennison will post 10.05 earnings per share for the current fiscal year.

Avery Dennison Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $4.00 annualized dividend and a yield of 2.6%. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s dividend payout ratio (DPR) is currently 45.10%.

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.