Avery Dennison Corporation (NYSE:AVY) Receives $200.11 Average Price Target from Brokerages

Shares of Avery Dennison Corporation (NYSE:AVY) have earned a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $200.1111.

Several analysts have weighed in on AVY shares. Weiss Ratings downgraded Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. JPMorgan Chase & Co. cut their target price on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Raymond James Financial set a $192.00 target price on shares of Avery Dennison in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Avery Dennison in a report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price target for the company. Finally, Bank of America increased their price target on shares of Avery Dennison from $202.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Bartlett & CO. Wealth Management LLC grew its position 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 worth $31,000 after buying an additional 169 shares during the last quarter. Elevation Wealth Partners LLC lifted its stake in Avery Dennison by 684.0% in 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. Root Financial Partners LLC boosted 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 acquiring an additional 73 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Avery Dennison during the 3rd quarter valued at $36,000. Finally, Godfrey Financial Associates Inc. bought a new position in Avery Dennison in the 4th quarter worth $37,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Avery Dennison Stock Up 1.3%

Shares of NYSE:AVY opened at $157.85 on Monday. The stock has a market capitalization of $12.07 billion, a P/E ratio of 17.80, a price-to-earnings-growth ratio of 2.77 and a beta of 0.82. The stock’s 50-day moving average price is $159.52 and its 200-day moving average price is $172.01. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 1.38. Avery Dennison has a 12-month low of $152.42 and a 12-month high of $199.54.

Avery Dennison (NYSE:AVY) last released 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 company 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 33.69% and a net margin of 7.66%.Avery Dennison’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, equities analysts anticipate that Avery Dennison will post 10 earnings per share for the current year.

Avery Dennison Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend was Wednesday, June 3rd. Avery Dennison’s payout ratio is currently 45.10%.

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.