Zacks Research Raises Earnings Estimates for Avery Dennison

Avery Dennison Corporation (NYSE:AVY) – Equities researchers at Zacks Research increased their Q1 2026 EPS estimates for shares of Avery Dennison in a research report issued on Tuesday, January 20th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $2.48 per share 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. Zacks Research also issued estimates for Avery Dennison’s Q1 2027 earnings at $2.76 EPS, Q4 2027 earnings at $2.93 EPS and FY2027 earnings at $11.28 EPS.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.32 by $0.05. Avery Dennison had a return on equity of 33.67% and a net margin of 7.93%.The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter last year, the business posted $2.33 EPS. The firm’s revenue was up 1.5% compared to the same quarter last year.

AVY has been the subject of several other research reports. JPMorgan Chase & Co. upgraded shares of Avery Dennison from a “neutral” rating to an “overweight” rating and upped their price target for the company from $182.00 to $195.00 in a report on Thursday, October 23rd. Citigroup boosted their price objective on shares of Avery Dennison from $180.00 to $188.00 and gave the company a “neutral” rating in a research report on Tuesday, January 6th. Argus set a $200.00 target price on Avery Dennison in a report on Tuesday, October 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Finally, Truist Financial boosted their price target on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Avery Dennison currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.36.

Avery Dennison Price Performance

NYSE AVY opened at $185.55 on Wednesday. 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 has a market cap of $14.34 billion, a price-to-earnings ratio of 21.11, a PEG ratio of 3.08 and a beta of 1.00. The business has a 50 day simple moving average of $179.29 and a 200 day simple moving average of $173.79. Avery Dennison has a 52-week low of $156.23 and a 52-week high of $196.40.

Avery Dennison Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd were given a dividend of $0.94 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $3.76 annualized dividend and a dividend yield of 2.0%. Avery Dennison’s payout ratio is 42.78%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Empowered Funds LLC raised its holdings in shares of Avery Dennison by 6.4% in the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock valued at $2,409,000 after purchasing an additional 819 shares during the period. Focus Partners Wealth increased its position in Avery Dennison by 7.6% during the first quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock worth $697,000 after buying an additional 278 shares during the last quarter. Intech Investment Management LLC bought a new stake in Avery Dennison in the first quarter valued at approximately $1,209,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of Avery Dennison by 31.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 15,999 shares of the industrial products company’s stock valued at $2,932,000 after buying an additional 3,814 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Avery Dennison by 5.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 22,322 shares of the industrial products company’s stock worth $3,917,000 after acquiring an additional 1,066 shares during the period. Institutional investors own 94.17% of the company’s stock.

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.