Zacks Research Expects Reduced Earnings for Avery Dennison

Avery Dennison Corporation (NYSE:AVY) – Analysts at Zacks Research reduced their Q3 2026 earnings estimates for shares of Avery Dennison in a note issued to investors on Wednesday, August 12th. Zacks Research analyst Team now expects that the industrial products company will earn $2.31 per share for the quarter, down from their previous estimate of $2.52. The consensus estimate for Avery Dennison’s current full-year earnings is $10.13 per share. Zacks Research also issued estimates for Avery Dennison’s Q4 2026 earnings at $2.50 EPS, FY2026 earnings at $10.17 EPS, Q1 2027 earnings at $2.69 EPS, Q2 2027 earnings at $2.93 EPS, Q3 2027 earnings at $2.68 EPS, Q4 2027 earnings at $2.75 EPS, FY2027 earnings at $11.06 EPS, Q1 2028 earnings at $2.96 EPS, Q2 2028 earnings at $3.08 EPS and FY2028 earnings at $11.95 EPS.

Avery Dennison (NYSE:AVY) last released its quarterly earnings results 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 company had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.30 billion. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%.The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.42 earnings per share. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS.

A number of other brokerages have also issued reports on AVY. JPMorgan Chase & Co. boosted their price target on Avery Dennison from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Argus set a $175.00 price target on Avery Dennison in a report on Thursday, June 4th. Truist Financial cut their price objective on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Raymond James Financial set a $192.00 price objective on shares of Avery Dennison in a report on Tuesday, April 21st. Finally, Weiss Ratings upgraded shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $201.22.

Avery Dennison Stock Performance

Shares of AVY stock opened at $180.70 on Thursday. Avery Dennison has a 12-month low of $152.42 and a 12-month high of $199.54. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79. The firm has a market capitalization of $13.70 billion, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 3.12 and a beta of 0.81. The business has a 50 day simple moving average of $163.47 and a 200 day simple moving average of $170.50.

Hedge Funds Weigh In On Avery Dennison

Hedge funds have recently made changes to their positions in the business. Trust Co. of Vermont acquired a new stake in Avery Dennison during the second quarter valued at approximately $27,000. Elevation Wealth Partners LLC increased its holdings in shares of Avery Dennison by 684.0% in 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 in the last quarter. Root Financial Partners LLC increased its holdings 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 valued at $35,000 after buying an additional 73 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in shares of Avery Dennison during the 3rd quarter valued at $36,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in shares of Avery Dennison during the 4th quarter valued at $37,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Insider Transactions at Avery Dennison

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

Avery Dennison Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a yield of 2.2%. Avery Dennison’s dividend payout ratio (DPR) is currently 43.81%.

Trending Headlines about Avery Dennison

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $10.17 from $10.03, above the current consensus estimate of $10.13. The firm also increased FY2027 EPS to $11.06 from $10.92 and FY2028 EPS to $11.95 from $11.88, pointing to stronger longer-term earnings expectations.
• Positive Sentiment: Additional upward revisions included Q2 2027 EPS to $2.93 from $2.70, Q1 2027 EPS to $2.69 from $2.68, Q1 2028 EPS to $2.96 from $2.93, and Q2 2028 EPS to $3.08 from $2.97. These changes support the view that Avery Dennison can sustain earnings growth beyond the current year.
• Neutral Sentiment: A recent Zacks article highlighted Avery Dennison as a potential growth stock based on its Style Scores, but it did not announce a new contract, product, or change in company guidance. Here’s Why Avery Dennison is a Strong Growth Stock
• Negative Sentiment: Zacks cut its Q3 2026 EPS forecast sharply to $2.31 from $2.52 and reduced Q4 2026 EPS to $2.50 from $2.56. The revisions imply softer near-term earnings momentum.
• Negative Sentiment: Later-period quarterly estimates were also trimmed: Q3 2027 EPS fell to $2.68 from $2.72 and Q4 2027 EPS declined to $2.75 from $2.81. These reductions partially offset the more optimistic full-year forecasts.

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.