Avery Dennison Corporation (NYSE:AVY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Avery Dennison Corporation (NYSE:AVY) have been given an average recommendation of “Moderate Buy” by the ten ratings firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $201.3333.

Several research firms recently commented on AVY. JPMorgan Chase & Co. dropped their price target on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Citigroup dropped their price target on shares of Avery Dennison from $190.00 to $185.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. UBS Group dropped their price target on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Raymond James Financial set a $192.00 price target on shares of Avery Dennison in a research report on Tuesday, April 21st. Finally, Weiss Ratings lowered shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC boosted its holdings in Avery Dennison by 9.5% in the 1st quarter. Parallel Advisors LLC now owns 1,469 shares of the industrial products company’s stock worth $254,000 after buying an additional 127 shares during the last quarter. Optiver Holding B.V. boosted its holdings in Avery Dennison by 430.0% in the 1st quarter. Optiver Holding B.V. now owns 318 shares of the industrial products company’s stock worth $55,000 after buying an additional 258 shares during the last quarter. Summitry LLC acquired a new stake in Avery Dennison in the 1st quarter worth about $399,000. Groupama Asset Managment acquired a new stake in Avery Dennison in the 1st quarter worth about $424,000. Finally, Kentucky Retirement Systems acquired a new stake in Avery Dennison in the 1st quarter worth about $1,377,000. 94.17% of the stock is owned by hedge funds and other institutional investors.

Avery Dennison Stock Down 1.6%

NYSE:AVY opened at $163.09 on Thursday. The firm has a market capitalization of $12.47 billion, a P/E ratio of 18.39, a PEG ratio of 2.85 and a beta of 0.82. Avery Dennison has a 1-year low of $152.42 and a 1-year high of $199.54. The company’s fifty day moving average price is $161.04 and its 200-day moving average price is $174.53. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.15 and a quick ratio of 0.80.

Avery Dennison (NYSE:AVY) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.41 by $0.06. The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The firm’s revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business earned $2.30 earnings per share. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, equities research analysts anticipate that Avery Dennison will post 10.05 EPS for the current year.

Avery Dennison Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were given a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date was Wednesday, June 3rd. Avery Dennison’s dividend payout ratio (DPR) is 45.10%.

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.