Avery Dennison (NYSE:AVY – Get Free Report) updated its second quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 2.430-2.53 for the period, compared to the consensus EPS estimate of 2.530. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research analysts have weighed in on the company. Citigroup lowered their target price on Avery Dennison from $201.00 to $190.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Truist Financial restated a “buy” rating and issued a $221.00 price target (down from $223.00) on shares of Avery Dennison in a research report on Wednesday. Raymond James Financial set a $192.00 target price on shares of Avery Dennison in a research note on Tuesday, April 21st. UBS Group cut their price objective on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a report on Friday, March 27th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Avery Dennison has an average rating of “Moderate Buy” and a consensus target price of $204.67.
Avery Dennison Trading Up 1.4%
Avery Dennison (NYSE:AVY – Get Free Report) last issued its earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.41 by $0.06. The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.26 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.Avery Dennison’s revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, analysts forecast that Avery Dennison will post 10.07 EPS for the current year.
Avery Dennison Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were paid a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 2.3%. The ex-dividend date was Wednesday, March 4th. Avery Dennison’s payout ratio is 42.82%.
Insider Buying and Selling at Avery Dennison
In related news, SVP Ignacio J. Walker sold 1,156 shares of the business’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.95, for a total transaction of $223,050.20. Following the transaction, the senior vice president directly owned 7,588 shares in the company, valued at $1,464,104.60. The trade was a 13.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Mitchell R. Butier sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total value of $3,477,600.00. Following the transaction, the director owned 211,147 shares in the company, valued at approximately $36,714,240.36. This trade represents a 8.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 34,156 shares of company stock worth $5,930,150. 0.81% of the stock is owned by company insiders.
Institutional Trading of Avery Dennison
Hedge funds have recently modified their holdings of the stock. EntryPoint Capital LLC acquired a new position in Avery Dennison in the 4th quarter worth about $211,000. AlTi Global Inc. acquired a new position in Avery Dennison in the 4th quarter worth about $211,000. Hilltop Holdings Inc. acquired a new position in Avery Dennison in the 3rd quarter worth about $208,000. Brown Brothers Harriman & Co. raised its holdings in Avery Dennison by 51.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,284 shares of the industrial products company’s stock worth $208,000 after purchasing an additional 438 shares during the period. Finally, HUB Investment Partners LLC acquired a new position in shares of Avery Dennison during the second quarter valued at approximately $202,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.
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.
Further Reading
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