Avery Dennison (NYSE:AVY – Get Free Report) had its price target hoisted by analysts at JPMorgan Chase & Co. from $185.00 to $190.00 in a report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 12.63% from the stock’s previous close.
AVY has been the subject of a number of other reports. Citigroup restated a “neutral” rating on shares of Avery Dennison in a report on Friday. UBS Group reissued a “buy” rating and issued a $225.00 target price on shares of Avery Dennison in a report on Friday. Argus set a $175.00 price objective on shares of Avery Dennison in a research report on Thursday, June 4th. Raymond James Financial set a $192.00 target price on shares of Avery Dennison in a research note on Tuesday, April 21st. Finally, Truist Financial dropped their price target on Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $201.00.
Check Out Our Latest Stock Analysis on Avery Dennison
Avery Dennison Stock Down 3.5%
Avery Dennison (NYSE:AVY – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.42. The business had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.30 billion. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. Avery Dennison’s revenue was up 10.9% compared to the same quarter last year. During the same period last year, the business earned $2.42 EPS. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, analysts expect that Avery Dennison will post 10 EPS for the current fiscal year.
Institutional Investors Weigh In On Avery Dennison
Institutional investors have recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of Avery Dennison by 16,900.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 169 shares during the last quarter. Root Financial Partners LLC grew its holdings in Avery Dennison by 60.8% in the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 73 shares during the period. Elevation Wealth Partners LLC raised its position in Avery Dennison by 684.0% during the second quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 171 shares during the period. Godfrey Financial Associates Inc. acquired a new position in shares of Avery Dennison during the 4th quarter worth about $37,000. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Avery Dennison in the second quarter valued at approximately $37,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Avery Dennison
Here are the key news stories impacting Avery Dennison this week:
- Positive Sentiment: Q2 earnings and revenue beat expectations. Avery Dennison reported adjusted earnings of $2.89 per share, exceeding the $2.47 consensus estimate, while revenue reached $2.46 billion versus expectations of $2.30 billion. Revenue grew 10.9% year over year, and earnings increased from $2.42 per share in the prior-year quarter. Avery Dennison Announces Second Quarter 2026 Results
- Positive Sentiment: Pricing, productivity gains and volume growth supported margins. Management cited pricing actions and productivity improvements as key contributors to the quarterly outperformance. Materials Group sales rose 15.9% to approximately $1.8 billion, more than offsetting weaker performance in the Solutions Group. Avery Dennison Q2 Earnings Beat on Pricing & Productivity Gains
- Positive Sentiment: Full-year guidance was raised. Avery Dennison provided 2026 reported EPS guidance of $9.40 to $9.70, signaling increased confidence in its ability to sustain earnings momentum. The company also issued third-quarter guidance above the prior market consensus, although the published figures appear inconsistent across reports. Avery Dennison Is Up After EPS Beat and Higher 2026 Guidance
- Neutral Sentiment: Avery Dennison returned $347 million to shareholders through dividends and share repurchases during the first half, supporting shareholder returns but not materially changing the earnings outlook.
- Negative Sentiment: Second-half destocking remains a risk. Management flagged potential inventory reductions by customers, while Solutions Group sales declined 0.5% to roughly $667 million. These factors could temper growth after the strong second quarter. Avery Dennison Q2 Earnings Beat on Pricing & Productivity Gains
- Negative Sentiment: Reported insider activity has been heavily weighted toward selling, with no insider purchases cited over the past six months. This is a secondary concern compared with the earnings beat and raised guidance.
About Avery Dennison
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.
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