Avery Dennison Corporation (NYSE:AVY) Stock Has Average Price Target of $199.20 According to Analysts

Avery Dennison Corporation (NYSE:AVY) has been given a consensus rating of “Moderate Buy” by the ten ratings firms that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $199.20.

A number of analysts recently weighed in on the company. Citigroup increased their price objective on Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Jefferies Financial Group reiterated a “hold” rating and issued a $181.00 target price on shares of Avery Dennison in a report on Monday, September 28th. JPMorgan Chase & Co. upped their price objective on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. UBS Group increased their price objective on shares of Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Wall Street Zen raised shares of Avery Dennison from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th.

Avery Dennison Stock Down 0.9%

NYSE:AVY opened at $166.85 on Friday. Avery Dennison has a one year low of $152.42 and a one 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 company has a market cap of $12.65 billion, a PE ratio of 18.28, a P/E/G ratio of 2.04 and a beta of 0.79. The firm’s 50 day simple moving average is $174.28 and its 200 day simple moving average is $166.97.

Avery Dennison (NYSE:AVY) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.42. The firm had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.30 billion. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter last year, the firm earned $2.42 earnings per share. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, research analysts anticipate that Avery Dennison will post 10.15 earnings per share for the current year.

Avery Dennison Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Wednesday, September 2nd. Avery Dennison’s dividend payout ratio (DPR) is presently 43.81%.

Insider Transactions at Avery Dennison

In other news, SVP Ignacio Walker sold 1,742 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total value of $298,944.62. Following the transaction, the senior vice president directly owned 7,585 shares of the company’s stock, valued at $1,301,661.85. The trade was a 18.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Nicholas Colisto sold 3,886 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total value of $663,262.48. Following the sale, the senior vice president directly owned 7,126 shares of the company’s stock, valued at $1,216,265.68. This represents a 35.29% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.81% of the stock is owned by insiders.

Hedge Funds Weigh In On Avery Dennison

Institutional investors and hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC grew its stake in shares of Avery Dennison by 60.8% in the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 73 shares during the last quarter. Empirical Finance LLC grew its position in Avery Dennison by 3.2% during the 2nd quarter. Empirical Finance LLC now owns 2,935 shares of the industrial products company’s stock valued at $476,000 after purchasing an additional 90 shares during the last quarter. Lido Advisors LLC increased its stake in Avery Dennison by 6.7% during the 1st quarter. Lido Advisors LLC now owns 1,466 shares of the industrial products company’s stock valued at $253,000 after purchasing an additional 92 shares in the last quarter. Eastern Bank increased its position in shares of Avery Dennison by 10.0% during the second quarter. Eastern Bank now owns 1,045 shares of the industrial products company’s stock valued at $170,000 after acquiring an additional 95 shares in the last quarter. Finally, Elevation Wealth Partners LLC increased its position in shares of Avery Dennison by 54.6% during the third quarter. Elevation Wealth Partners LLC now owns 303 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 107 shares in the last quarter. Institutional investors own 94.17% of the company’s stock.

Avery Dennison Company Profile

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops pressure-sensitive adhesives, functional materials and intelligent labeling solutions. Its products help identify, brand, decorate, track and protect products across a range of industries.

The company serves the apparel, retail, consumer goods, logistics, food, healthcare, automotive and industrial markets. Its offerings include label and graphic materials, self-adhesive tapes, specialty films, RFID inlays and tags, apparel labels, retail branding systems, packaging solutions and healthcare-related materials.

Avery Dennison was founded in 1935 by R.