Zacks Research Predicts Lower Earnings for Avery Dennison

Avery Dennison Corporation (NYSE:AVY) – Equities researchers at Zacks Research reduced their Q3 2027 earnings per share estimates for Avery Dennison in a research note issued on Thursday, March 12th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.77 per share for the quarter, down from their prior forecast of $2.78. The consensus estimate for Avery Dennison’s current full-year earnings is $9.96 per share.

Avery Dennison (NYSE:AVY) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.05. The business had revenue of $2.27 billion during 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 quarter last year, the company posted $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS.

Several other research firms also recently weighed in on AVY. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. JPMorgan Chase & Co. upped their price target on shares of Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Citigroup lifted their price objective on shares of Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Truist Financial boosted their target price on shares of Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Finally, UBS Group increased their target price on Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $208.45.

Avery Dennison Price Performance

AVY stock opened at $171.99 on Monday. Avery Dennison has a one year low of $156.23 and a one year high of $199.54. The firm has a 50-day moving average of $187.67 and a two-hundred day moving average of $177.15. The firm has a market capitalization of $13.23 billion, a PE ratio of 19.59, a P/E/G ratio of 3.05 and a beta of 0.97. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43.

Avery Dennison Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a $0.94 dividend. This represents a $3.76 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, March 4th. Avery Dennison’s dividend payout ratio is presently 42.82%.

Insider Transactions at Avery Dennison

In other news, Director Mitchell R. Butier sold 13,000 shares of Avery Dennison stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the completion of the sale, the director directly owned 198,147 shares in the company, valued at $33,982,210.50. The trade was a 6.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Ignacio J. Walker sold 1,156 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the sale, the senior vice president directly owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 34,156 shares of company stock valued at $5,930,150 over the last ninety days. Company insiders own 0.84% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Avery Dennison by 3.6% during the 3rd quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock valued at $1,683,185,000 after acquiring an additional 361,231 shares during the last quarter. DNB Asset Management AS lifted its holdings in Avery Dennison by 4.3% in the 2nd quarter. DNB Asset Management AS now owns 16,398 shares of the industrial products company’s stock worth $2,877,000 after purchasing an additional 676 shares during the last quarter. Johnson Investment Counsel Inc. boosted its position in Avery Dennison by 11.7% during the third quarter. Johnson Investment Counsel Inc. now owns 351,635 shares of the industrial products company’s stock worth $57,025,000 after purchasing an additional 36,698 shares during the period. Fieldview Capital Management LLC boosted its position in Avery Dennison by 412.7% during the third quarter. Fieldview Capital Management LLC now owns 26,265 shares of the industrial products company’s stock worth $4,259,000 after purchasing an additional 21,142 shares during the period. Finally, WCM Investment Management LLC acquired a new position in Avery Dennison during the third quarter valued at approximately $2,785,000. 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.