Avery Dennison (NYSE:AVY) Price Target Cut to $223.00 by Analysts at Truist Financial

Avery Dennison (NYSE:AVY) had its price objective decreased by Truist Financial from $233.00 to $223.00 in a research report released on Wednesday morning,Benzinga reports. Truist Financial currently has a buy rating on the industrial products company’s stock.

Several other research analysts also recently weighed in on the stock. Citigroup dropped their target price on shares of Avery Dennison from $201.00 to $190.00 and set a “neutral” rating on the stock in a research report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a research report on Friday, March 27th. JPMorgan Chase & Co. raised their price objective on shares of Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. UBS Group cut their target price on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Finally, BMO Capital Markets increased their target price on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $205.58.

Avery Dennison Stock Down 1.5%

Shares of Avery Dennison stock opened at $168.21 on Wednesday. Avery Dennison has a 12-month low of $156.23 and a 12-month high of $199.54. The firm has a market capitalization of $12.94 billion, a PE ratio of 19.16, a price-to-earnings-growth ratio of 2.82 and a beta of 1.00. The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 1.43. The stock’s fifty day moving average is $180.04 and its 200-day moving average is $177.61.

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. Equities analysts anticipate that Avery Dennison will post 9.96 earnings per share for the current year.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were given a dividend of $0.94 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a yield of 2.2%. Avery Dennison’s payout ratio is presently 42.82%.

Insider Activity at Avery Dennison

In other news, Director Mitchell R. Butier sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the transaction, the director directly owned 211,147 shares in the company, valued at $36,714,240.36. The trade was a 8.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Ignacio J. Walker sold 1,156 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.95, for a total value of $223,050.20. Following the sale, the senior vice president owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This represents a 13.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 34,156 shares of company stock worth $5,930,150. Company insiders own 0.81% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Avery Dennison during the 4th quarter valued at about $188,438,000. Morgan Stanley increased its holdings in Avery Dennison by 20.1% in the fourth quarter. Morgan Stanley now owns 3,869,889 shares of the industrial products company’s stock worth $703,856,000 after buying an additional 647,795 shares during the last quarter. Wellington Management Group LLP raised its position in Avery Dennison by 12.5% during the third quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock valued at $942,039,000 after acquiring an additional 644,664 shares in the last quarter. Cooke & Bieler LP acquired a new stake in Avery Dennison in the fourth quarter valued at approximately $105,616,000. Finally, Balyasny Asset Management L.P. bought a new stake in Avery Dennison in the third quarter worth approximately $74,942,000. 94.17% of the stock is owned by institutional investors and hedge funds.

Key Avery Dennison News

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Truist cut its price target for AVY from $233 to $223 but maintained a “buy” rating, implying roughly a 30%+ upside from current levels — a supportive signal that could attract value/buy-the-dip investors. Benzinga
• Neutral Sentiment: Citigroup lowered its price target from $201 to $190 and moved to a “neutral” rating, a less bullish stance that reduces near-term upside expectations but stops short of a sell view. This is a mixed/market‑weight signal. Benzinga
• Negative Sentiment: Zacks trimmed multiple near‑term and FY estimates (Q1–Q4 and FY2026/FY2027) by small amounts (e.g., Q1 2026 to $2.41 from $2.43, FY2026 to $10.10 from $10.13, and several quarterly trims to $2.76–$2.85). These modest cuts indicate slightly weaker expected near‑term earnings and are likely a primary reason for downward pressure on the stock today. MarketBeat

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.