Brokerages Set Avery Dennison Corporation (NYSE:AVY) Price Target at $208.45

Avery Dennison Corporation (NYSE:AVY) has been given an average recommendation of “Moderate Buy” by the twelve analysts that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $208.4545.

A number of equities analysts have recently commented on AVY shares. Citigroup raised their target price on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Truist Financial upped their price target on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. BMO Capital Markets increased their price target on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, February 6th. JPMorgan Chase & Co. raised 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 reaffirmed a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th.

Insider Activity at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,156 shares of the business’s 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 transaction, the senior vice president directly owned 7,588 shares of the company’s stock, valued at approximately $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 SEC, which is available at this hyperlink. Also, Director Mitchell R. Butier sold 13,000 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the completion of the transaction, the director owned 198,147 shares of the company’s stock, valued at $33,982,210.50. This trade represents a 6.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 34,156 shares of company stock valued at $5,930,150 in the last ninety days. 0.84% of the stock is owned by corporate insiders.

Institutional Trading of Avery Dennison

Several large investors have recently modified their holdings of AVY. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Avery Dennison in the third quarter worth about $29,000. Vermillion & White Wealth Management Group LLC grew its stake in 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 in the last quarter. Bartlett & CO. Wealth Management LLC increased its holdings in 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 worth $31,000 after purchasing an additional 169 shares during the last quarter. Root Financial Partners LLC increased its holdings in Avery Dennison by 60.8% during 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 last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Avery Dennison in the 3rd quarter valued at approximately $36,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Avery Dennison Stock Down 1.1%

Shares of NYSE:AVY opened at $161.15 on Tuesday. The stock has a 50-day simple moving average of $186.13 and a 200-day simple moving average of $176.94. The stock has a market capitalization of $12.40 billion, a P/E ratio of 18.35, a PEG ratio of 2.88 and a beta of 0.97. Avery Dennison has a 1 year low of $156.23 and a 1 year high of $199.54. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.40 by $0.05. The firm had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.29 billion. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. Avery Dennison’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Equities analysts forecast that Avery Dennison will post 9.96 earnings per share for the current year.

Avery Dennison Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were issued a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Wednesday, March 4th. Avery Dennison’s dividend payout ratio is currently 42.82%.

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.