Avery Dennison (NYSE:AVY) Price Target Raised to $205.00 at JPMorgan Chase & Co.

Avery Dennison (NYSE:AVY) had its target price boosted by JPMorgan Chase & Co. from $195.00 to $205.00 in a research report report published on Monday morning,Benzinga reports. The firm currently has an overweight rating on the industrial products company’s stock.

Several other analysts also recently weighed in on AVY. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. BMO Capital Markets boosted their target price on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday. Citigroup raised their price target on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday. UBS Group increased their price objective on shares of Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Argus set a $200.00 target price on shares of Avery Dennison in a research report on Tuesday, October 28th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $208.45.

Avery Dennison Stock Down 0.9%

AVY stock opened at $189.69 on Monday. The company has a market cap of $14.66 billion, a PE ratio of 21.60, a price-to-earnings-growth ratio of 3.36 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. Avery Dennison has a 52 week low of $156.23 and a 52 week high of $196.00. The business has a 50-day simple moving average of $183.76 and a 200 day simple moving average of $174.45.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.05. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The business had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter last year, the business posted $2.38 EPS. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Sell-side analysts anticipate that Avery Dennison will post 9.96 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be issued a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Wednesday, March 4th. Avery Dennison’s dividend payout ratio is presently 42.82%.

Insider Transactions at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.95, for a total transaction of $223,050.20. Following the transaction, the senior vice president directly owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.84% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Avery Dennison

A number of hedge funds have recently made changes to their positions in AVY. Norges Bank acquired a new stake in Avery Dennison during the 2nd quarter valued at approximately $174,425,000. Wellington Management Group LLP boosted its stake in shares of Avery Dennison by 12.5% in the 3rd quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock valued at $942,039,000 after purchasing an additional 644,664 shares during the last quarter. Cooke & Bieler LP acquired a new stake in shares of Avery Dennison during the fourth quarter worth $105,616,000. Balyasny Asset Management L.P. bought a new position in Avery Dennison during the third quarter worth $74,942,000. Finally, Ameriprise Financial Inc. lifted its holdings in Avery Dennison by 30.9% in the third quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock valued at $298,613,000 after buying an additional 435,156 shares during the period. 94.17% of the stock is currently owned by institutional investors.

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.