Avery Dennison (NYSE:AVY) Receives “Hold (C-)” Rating from Weiss Ratings

Weiss Ratings reissued their hold (c-) rating on shares of Avery Dennison (NYSE:AVY) in a research report released on Tuesday morning,Weiss Ratings reports.

A number of other research firms have also weighed in on AVY. BMO Capital Markets reissued an “outperform” rating and issued a $207.00 target price (down from $216.00) on shares of Avery Dennison in a report on Wednesday, July 23rd. UBS Group cut their target price on shares of Avery Dennison from $188.00 to $181.00 and set a “neutral” rating for the company in a report on Monday, October 6th. Bank of America raised their target price on shares of Avery Dennison from $195.00 to $208.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. JPMorgan Chase & Co. raised their target price on shares of Avery Dennison from $172.00 to $182.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Finally, Raymond James Financial raised their target price on shares of Avery Dennison from $194.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $195.30.

Avery Dennison Trading Up 1.7%

Avery Dennison stock opened at $160.15 on Tuesday. The stock has a market cap of $12.49 billion, a P/E ratio of 17.97, a PEG ratio of 2.32 and a beta of 0.95. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.04 and a quick ratio of 0.70. Avery Dennison has a 1 year low of $156.23 and a 1 year high of $222.16. The firm’s 50 day moving average price is $167.47 and its 200-day moving average price is $172.84.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.38 by $0.04. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.23 billion. Avery Dennison had a net margin of 8.14% and a return on equity of 33.14%. The company’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter last year, the business posted $2.42 earnings per share. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. On average, equities analysts predict that Avery Dennison will post 9.96 earnings per share for the current fiscal year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd 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 of this dividend was Wednesday, September 3rd. Avery Dennison’s payout ratio is presently 42.20%.

Institutional Trading of Avery Dennison

A number of large investors have recently made changes to their positions in AVY. GAMMA Investing LLC boosted its stake in shares of Avery Dennison by 9.4% during the first quarter. GAMMA Investing LLC now owns 2,409 shares of the industrial products company’s stock valued at $429,000 after purchasing an additional 207 shares during the period. CX Institutional purchased a new stake in shares of Avery Dennison during the first quarter valued at $118,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Avery Dennison by 1.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,185 shares of the industrial products company’s stock valued at $2,169,000 after purchasing an additional 217 shares during the period. Exchange Traded Concepts LLC boosted its stake in shares of Avery Dennison by 2.3% during the first quarter. Exchange Traded Concepts LLC now owns 4,210 shares of the industrial products company’s stock valued at $749,000 after purchasing an additional 96 shares during the period. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Avery Dennison during the first quarter valued at $3,199,000. 94.17% of the stock is owned by hedge funds and other institutional investors.

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.