Avery Dennison Corporation (NYSE:AVY) Receives $200.55 Consensus PT from Analysts

Avery Dennison Corporation (NYSE:AVY) has been given an average recommendation of “Moderate Buy” by the twelve analysts that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $200.5455.

Several analysts have issued reports on AVY shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Avery Dennison in a research report on Tuesday. BMO Capital Markets reaffirmed an “outperform” rating and issued a $210.00 target price on shares of Avery Dennison in a report on Thursday, October 23rd. Argus set a $200.00 price target on Avery Dennison in a report on Tuesday, October 28th. JPMorgan Chase & Co. raised Avery Dennison from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $182.00 to $195.00 in a research report on Thursday, October 23rd. Finally, Truist Financial cut their price objective on Avery Dennison from $204.00 to $203.00 and set a “buy” rating for the company in a research report on Monday, October 13th.

Avery Dennison Price Performance

NYSE:AVY opened at $172.83 on Wednesday. Avery Dennison has a 52-week low of $156.23 and a 52-week high of $207.99. The company has a market cap of $13.36 billion, a P/E ratio of 19.66, a P/E/G ratio of 2.39 and a beta of 0.99. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.89 and a current ratio of 1.26. The stock’s 50-day simple moving average is $167.55 and its 200 day simple moving average is $173.20.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.37 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.05. Avery Dennison had a return on equity of 33.67% and a net margin of 7.93%.The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same period last year, the company earned $2.33 earnings per share. The business’s revenue was up 1.5% compared to the same quarter last year. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. As a group, sell-side analysts forecast that Avery Dennison will post 9.96 EPS for the current fiscal year.

Avery Dennison Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be issued a dividend of $0.94 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $3.76 annualized dividend and a yield of 2.2%. Avery Dennison’s dividend payout ratio (DPR) is currently 42.78%.

Institutional Trading of Avery Dennison

A number of hedge funds have recently modified their holdings of the stock. Bayforest Capital Ltd bought a new position in Avery Dennison in the 1st quarter valued at about $27,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Avery Dennison in the third quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Avery Dennison by 193.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 170 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 112 shares during the period. Vermillion & White Wealth Management Group LLC lifted its holdings in Avery Dennison by 89.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 80 shares during the last quarter. Finally, NewSquare Capital LLC boosted its stake in Avery Dennison by 156.2% in the 2nd quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 114 shares during the period. Institutional investors and hedge funds own 94.17% of the company’s stock.

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.