Zacks Research Forecasts Weaker Earnings for Avery Dennison

Avery Dennison Corporation (NYSE:AVY) – Analysts at Zacks Research reduced their FY2026 EPS estimates for shares of Avery Dennison in a research report issued to clients and investors on Tuesday, September 8th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $10.15 per share for the year, down from their previous forecast of $10.17. The consensus estimate for Avery Dennison’s current full-year earnings is $10.15 per share. Zacks Research also issued estimates for Avery Dennison’s FY2027 earnings at $11.03 EPS, Q1 2028 earnings at $2.97 EPS and FY2028 earnings at $11.98 EPS.

Avery Dennison (NYSE:AVY) last posted its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The firm had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.30 billion. During the same period last year, the firm posted $2.42 EPS. The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS.

Several other equities analysts also recently weighed in on the company. UBS Group raised their price target on Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Weiss Ratings upgraded Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Wall Street Zen upgraded shares of Avery Dennison from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Argus set a $175.00 price target on shares of Avery Dennison in a research note on Thursday, June 4th. Finally, Truist Financial lowered their price target on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $201.22.

Avery Dennison Trading Down 0.5%

Shares of Avery Dennison stock opened at $169.92 on Thursday. Avery Dennison has a 1 year low of $152.42 and a 1 year high of $199.54. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 0.79. The business has a 50 day moving average price of $170.67 and a 200 day moving average price of $168.66. The company has a market capitalization of $12.88 billion, a P/E ratio of 18.61, a P/E/G ratio of 2.06 and a beta of 0.81.

Avery Dennison Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. Avery Dennison’s dividend payout ratio is currently 43.81%.

Insider Buying and Selling at Avery Dennison

In other news, SVP Ignacio Walker sold 1,742 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total transaction of $298,944.62. Following the transaction, the senior vice president directly owned 7,585 shares in the company, valued at $1,301,661.85. This represents a 18.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.81% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Avery Dennison

Institutional investors and hedge funds have recently bought and sold shares of the stock. Trust Co. of Vermont acquired a new position in shares of Avery Dennison in the 2nd quarter valued at $27,000. Elevation Wealth Partners LLC increased its holdings in shares of Avery Dennison by 684.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock worth $32,000 after buying an additional 171 shares during the last quarter. Root Financial Partners LLC raised its position 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 buying an additional 73 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in Avery Dennison in the third quarter valued at $36,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Avery Dennison during the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

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.