Avery Dennison Corporation (NYSE:AVY) Given Consensus Rating of “Moderate Buy” by Analysts

Avery Dennison Corporation (NYSE:AVYGet Free Report) has earned an average rating of “Moderate Buy” from the twelve analysts that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $208.4545.

Several equities analysts recently issued reports on the company. UBS Group upped their price objective on Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. BMO Capital Markets boosted their price target on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Truist Financial upped 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. JPMorgan Chase & Co. increased their price objective on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th.

Check Out Our Latest Research Report on Avery Dennison

Avery Dennison Stock Up 0.7%

NYSE:AVY opened at $171.99 on Tuesday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. The firm has a market cap of $13.23 billion, a P/E ratio of 19.59, a P/E/G ratio of 3.05 and a beta of 0.97. Avery Dennison has a fifty-two week low of $156.23 and a fifty-two week high of $199.54. The firm has a 50-day simple moving average of $187.67 and a two-hundred day simple moving average of $177.15.

Avery Dennison (NYSE:AVYGet Free Report) last issued its 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. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.29 billion. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The business’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Analysts predict that Avery Dennison will post 9.96 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be paid a $0.94 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.2%. Avery Dennison’s payout ratio is currently 42.82%.

Insider Activity at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,156 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the completion of the transaction, the senior vice president directly owned 7,588 shares of the company’s stock, valued at $1,464,104.60. The trade was a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mitchell R. Butier sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the completion of the sale, the director owned 211,147 shares in the company, valued at $36,714,240.36. This represents a 8.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 34,156 shares of company stock valued at $5,930,150 over the last three months. 0.84% of the stock is owned by corporate insiders.

Institutional Trading of Avery Dennison

Large investors have recently modified their holdings of the company. Steigerwald Gordon & Koch Inc. purchased a new position in Avery Dennison in the third quarter worth about $29,000. Vermillion & White Wealth Management Group LLC increased its position in shares of 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 valued at $30,000 after purchasing an additional 80 shares during the last quarter. Bartlett & CO. Wealth Management LLC increased its position in shares of Avery Dennison by 16,900.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 169 shares during the last quarter. Root Financial Partners LLC lifted its stake in shares of Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 73 shares during the period. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of Avery Dennison in the 3rd quarter worth approximately $36,000. Institutional investors own 94.17% of the company’s stock.

Avery Dennison Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Avery Dennison (NYSE:AVY)

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