Avery Dennison (NYSE:AVY) Coverage Initiated by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft initiated coverage on shares of Avery Dennison (NYSE:AVY) in a research note released on Wednesday, MarketBeat reports. The brokerage issued a buy rating and a $200.00 target price on the industrial products company’s stock.

A number of other equities analysts also recently weighed in on AVY. Citigroup boosted their target price on shares of Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. BMO Capital Markets boosted their price objective on shares of Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Truist Financial upped their price objective on Avery Dennison from $213.00 to $234.00 and gave the stock 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, UBS Group lifted their target price on Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $207.75.

Avery Dennison Price Performance

Shares of Avery Dennison stock opened at $173.40 on Wednesday. The stock has a market capitalization of $13.34 billion, a price-to-earnings ratio of 19.75, a P/E/G ratio of 3.08 and a beta of 1.00. The firm’s 50-day moving average price is $183.22 and its two-hundred day moving average price is $177.06. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. Avery Dennison has a 1-year low of $156.23 and a 1-year high of $199.54.

Avery Dennison (NYSE:AVY) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.05. The company had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. Avery Dennison’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 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 declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were issued a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Wednesday, March 4th. Avery Dennison’s payout ratio is 42.82%.

Insider Activity at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,156 shares of the firm’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. This trade represents a 13.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mitchell R. Butier sold 13,000 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the transaction, the director owned 198,147 shares of the company’s stock, valued at $33,982,210.50. The trade was a 6.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 34,156 shares of company stock worth $5,930,150 in the last 90 days. Company insiders own 0.81% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Norges Bank acquired a new position in Avery Dennison during the fourth quarter worth $188,438,000. Morgan Stanley grew its holdings in Avery Dennison by 20.1% during the fourth quarter. Morgan Stanley now owns 3,869,889 shares of the industrial products company’s stock worth $703,856,000 after purchasing an additional 647,795 shares during the period. Wellington Management Group LLP increased 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 worth $942,039,000 after buying an additional 644,664 shares during the last quarter. Cooke & Bieler LP bought 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 position in shares of Avery Dennison during the 3rd quarter worth approximately $74,942,000. 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.