Avery Dennison Corporation (NYSE:AVY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Avery Dennison Corporation (NYSE:AVY) have earned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $201.2222.

Several equities research analysts recently commented on the stock. Raymond James Financial set a $192.00 price objective on shares of Avery Dennison in a research note on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Argus set a $175.00 price target on Avery Dennison in a research report on Thursday, June 4th. Citigroup upped their price target on Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Finally, Truist Financial reduced their price objective on Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th.

Avery Dennison Stock Performance

Shares of AVY stock opened at $177.60 on Friday. Avery Dennison has a 12 month low of $152.42 and a 12 month high of $199.54. The stock has a market cap of $13.46 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 2.93 and a beta of 0.81. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 1.37. The company’s fifty day moving average price is $165.30 and its 200-day moving average price is $170.26.

Avery Dennison (NYSE:AVY) last released its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The firm had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same period in the prior year, the firm earned $2.42 EPS. The company’s revenue was up 10.9% compared to the same quarter last year. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, equities analysts expect that Avery Dennison will post 10.15 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, September 2nd. Avery Dennison’s dividend payout ratio is currently 43.81%.

Insider Buying and Selling at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,742 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total transaction of $298,944.62. Following the completion of the transaction, the senior vice president directly owned 7,585 shares in the company, valued at $1,301,661.85. This trade represents a 18.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.81% of the stock is owned by insiders.

Institutional Trading of Avery Dennison

Several institutional investors have recently bought and sold shares of the company. Trust Co. of Vermont purchased a new position in Avery Dennison in the second quarter worth about $27,000. Root Financial Partners LLC lifted its stake in shares of Avery Dennison by 60.8% in the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after buying an additional 73 shares in the last quarter. Elevation Wealth Partners LLC grew its holdings in shares of Avery Dennison by 684.0% during the second quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock valued at $32,000 after buying an additional 171 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in shares of Avery Dennison during the fourth quarter valued at approximately $37,000. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Avery Dennison during the second quarter valued at approximately $37,000. 94.17% of the stock is owned by hedge funds and other institutional investors.

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.