Avery Dennison Co. (NYSE:AVY – Free Report) – Zacks Research increased their Q1 2026 EPS estimates for shares of Avery Dennison in a report released on Tuesday, February 18th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $2.48 for the quarter, up from their previous forecast of $2.47. The consensus estimate for Avery Dennison’s current full-year earnings is $9.96 per share.
Other analysts have also recently issued research reports about the stock. Truist Financial reaffirmed a “buy” rating and issued a $215.00 target price (down previously from $245.00) on shares of Avery Dennison in a report on Friday, January 31st. Citigroup reduced their price objective on shares of Avery Dennison from $228.00 to $202.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Barclays lowered their target price on shares of Avery Dennison from $245.00 to $225.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Raymond James restated an “outperform” rating and issued a $208.00 price target (down from $218.00) on shares of Avery Dennison in a research note on Friday, January 31st. Finally, BMO Capital Markets decreased their price target on Avery Dennison from $252.00 to $247.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Avery Dennison currently has a consensus rating of “Moderate Buy” and a consensus target price of $227.15.
Avery Dennison Stock Performance
Shares of AVY opened at $184.38 on Friday. Avery Dennison has a 1 year low of $178.72 and a 1 year high of $233.48. The stock has a market capitalization of $14.81 billion, a PE ratio of 21.14, a PEG ratio of 2.05 and a beta of 0.89. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.73 and a current ratio of 1.08. The stock has a 50-day simple moving average of $187.22 and a 200-day simple moving average of $202.71.
Avery Dennison (NYSE:AVY – Get Free Report) last released its earnings results on Thursday, January 30th. The industrial products company reported $2.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.39 by ($0.01). Avery Dennison had a net margin of 8.05% and a return on equity of 33.06%.
Institutional Investors Weigh In On Avery Dennison
A number of hedge funds and other institutional investors have recently made changes to their positions in AVY. Norges Bank purchased a new stake in Avery Dennison in the 4th quarter valued at about $188,643,000. Raymond James Financial Inc. acquired a new stake in shares of Avery Dennison in the fourth quarter worth approximately $51,521,000. Ameriprise Financial Inc. grew its holdings in Avery Dennison by 12.9% in the fourth quarter. Ameriprise Financial Inc. now owns 2,185,732 shares of the industrial products company’s stock valued at $409,014,000 after purchasing an additional 250,359 shares during the period. Capital World Investors acquired a new position in Avery Dennison during the fourth quarter worth approximately $40,354,000. Finally, Deutsche Bank AG raised its stake in Avery Dennison by 81.3% during the fourth quarter. Deutsche Bank AG now owns 465,479 shares of the industrial products company’s stock worth $87,105,000 after purchasing an additional 208,678 shares during the period. Hedge funds and other institutional investors own 94.17% of the company’s stock.
Insider Activity
In other Avery Dennison news, SVP Nicholas Colisto sold 3,679 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $206.00, for a total value of $757,874.00. Following the completion of the transaction, the senior vice president now directly owns 7,126 shares in the company, valued at approximately $1,467,956. The trade was a 34.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.10% of the company’s stock.
Avery Dennison Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be given a $0.88 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.91%. Avery Dennison’s dividend payout ratio (DPR) is presently 40.37%.
Avery Dennison Company Profile
Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.
See Also
- Five stocks we like better than Avery Dennison
- Energy and Oil Stocks Explained
- As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Gold’s Ascent: Can Miners and ETFs Take Investors to $3,000?
- Health Care Stocks Explained: Why You Might Want to Invest
- Medtronic’s Expansion Gains Momentum—Time for a Market Shift?
Receive News & Ratings for Avery Dennison Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avery Dennison and related companies with MarketBeat.com's FREE daily email newsletter.