Truist Financial Issues Pessimistic Forecast for Avery Dennison (NYSE:AVY) Stock Price

Avery Dennison (NYSE:AVY) had its target price decreased by research analysts at Truist Financial from $233.00 to $223.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the industrial products company’s stock. Truist Financial’s price objective points to a potential upside of 34.11% from the company’s current price.

Several other brokerages also recently weighed in on AVY. 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. JPMorgan Chase & Co. boosted their price objective on shares of Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. UBS Group reduced their price objective on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a research report on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price objective for the company. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $205.58.

Avery Dennison Stock Down 1.0%

Shares of NYSE:AVY opened at $166.28 on Wednesday. The company has a market capitalization of $12.79 billion, a PE ratio of 18.94, a P/E/G ratio of 2.77 and a beta of 1.00. 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 twelve month low of $156.23 and a twelve month high of $199.54. The firm has a 50 day simple moving average of $179.50 and a 200-day simple moving average of $177.53.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.05. The business had revenue of $2.27 billion during 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 company’s revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.38 EPS. 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 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Mitchell R. Butier sold 20,000 shares of Avery Dennison stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total value of $3,477,600.00. Following the transaction, the director directly owned 211,147 shares of the company’s stock, valued at $36,714,240.36. The trade was a 8.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction 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 in the company, valued at $1,464,104.60. The trade was a 13.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 34,156 shares of company stock worth $5,930,150 over the last ninety days. Corporate insiders own 0.81% of the company’s stock.

Hedge Funds Weigh In On Avery Dennison

Several institutional investors have recently bought and sold shares of AVY. Steigerwald Gordon & Koch Inc. acquired a new position in Avery Dennison in the 3rd quarter valued at $29,000. Bartlett & CO. Wealth Management LLC increased its stake in Avery Dennison by 16,900.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after buying an additional 169 shares during the period. Root Financial Partners LLC increased its stake in Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after buying an additional 73 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in Avery Dennison in the 3rd quarter valued at $36,000. Finally, Godfrey Financial Associates Inc. acquired a new position in Avery Dennison in the 4th quarter valued at $37,000. 94.17% of the stock is owned by institutional investors and hedge funds.

More Avery Dennison News

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Zacks Research slightly raised its Q4 2026 EPS estimate to $2.59 (from $2.58), a marginal beat versus prior guidance that could be viewed as a small near‑term signal of resilience in the quarter.
• Positive Sentiment: Truist maintained a “buy” rating and, despite trimming its price target to $223 from $233, still implies meaningful upside (their target was described as ~34% above current levels), which supports longer‑term bullish conviction. Benzinga
• Neutral Sentiment: MarketWatch flagged that Avery Dennison underperformed its competitors in recent trading — a datapoint investors may watch for sector rotation or sentiment shifts but that doesn’t change fundamentals on its own. Avery Dennison Corp. stock underperforms Wednesday
• Negative Sentiment: Citigroup cut its price target to $190, a downward revision that likely pressured the stock by lowering a near‑term valuation anchor and signaling reduced upside from that broker’s perspective. Citigroup Lowers Avery Dennison (NYSE:AVY) Price Target to $190.00
• Negative Sentiment: Zacks also issued a series of modest downward revisions across several upcoming quarters and trimmed FY2026 EPS to $10.10 (from $10.13), including cuts to Q1/Q2 2026 and multiple 2027 quarters — a broader pattern of lowered estimates that can weigh on sentiment and short‑term expectations.

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.