Avery Dennison Corporation (NYSE:AVY) Given Average Rating of “Moderate Buy” by Brokerages

Avery Dennison Corporation (NYSE:AVY) has received an average recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $200.5455.

Several research firms have weighed in on AVY. Weiss Ratings reiterated a “hold (c-)” rating on shares of Avery Dennison in a research report on Monday, November 24th. UBS Group raised shares of Avery Dennison from a “neutral” rating to a “buy” rating and raised their price target for the stock from $181.00 to $218.00 in a research report on Thursday, October 23rd. JPMorgan Chase & Co. raised shares of Avery Dennison from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $182.00 to $195.00 in a report on Thursday, October 23rd. Argus set a $200.00 target price on shares of Avery Dennison in a research report on Tuesday, October 28th. Finally, Truist Financial dropped their price target on shares of Avery Dennison from $204.00 to $203.00 and set a “buy” rating for the company in a research report on Monday, October 13th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. CIBC Bancorp USA Inc. acquired a new stake in Avery Dennison during the third quarter worth about $7,721,000. Danske Bank A S bought a new stake in shares of Avery Dennison during the 3rd quarter worth approximately $4,019,000. Advisory Services Network LLC lifted its holdings in shares of Avery Dennison by 20.4% during the 3rd quarter. Advisory Services Network LLC now owns 2,167 shares of the industrial products company’s stock worth $351,000 after acquiring an additional 367 shares during the period. Morningstar Investment Management LLC boosted its position in shares of Avery Dennison by 96.0% during the 3rd quarter. Morningstar Investment Management LLC now owns 2,821 shares of the industrial products company’s stock worth $457,000 after acquiring an additional 1,382 shares in the last quarter. Finally, PharVision Advisers LLC bought a new position in Avery Dennison in the third quarter valued at approximately $250,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Stock Up 2.4%

Avery Dennison stock opened at $179.23 on Friday. The company’s 50-day moving average price is $169.69 and its two-hundred day moving average price is $172.69. The company has a quick ratio of 0.89, a current ratio of 1.26 and a debt-to-equity ratio of 1.45. The stock has a market cap of $13.85 billion, a P/E ratio of 20.39, a P/E/G ratio of 2.43 and a beta of 1.01. Avery Dennison has a twelve month low of $156.23 and a twelve month high of $206.45.

Avery Dennison (NYSE:AVY) last posted its earnings results on Wednesday, October 22nd. The industrial products company reported $2.37 EPS for the quarter, beating the consensus estimate of $2.32 by $0.05. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.22 billion. Avery Dennison had a return on equity of 33.67% and a net margin of 7.93%.The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.33 earnings per share. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. As a group, analysts expect that Avery Dennison will post 9.96 EPS for the current year.

Avery Dennison Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd will be given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Wednesday, December 3rd. Avery Dennison’s dividend payout ratio is presently 42.78%.

Avery Dennison Company Profile

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.