Avery Dennison (NYSE:AVY) Stock Price Expected to Rise, Truist Financial Analyst Says

Avery Dennison (NYSE:AVY) had its price target upped by investment analysts at Truist Financial from $213.00 to $234.00 in a note issued to investors on Tuesday, MarketBeat Ratings reports. The brokerage currently has a “buy” rating on the industrial products company’s stock. Truist Financial’s price target points to a potential upside of 29.65% from the company’s current price.

A number of other research analysts also recently weighed in on the company. Argus set a $200.00 price target on Avery Dennison in a report on Tuesday, October 28th. JPMorgan Chase & Co. upgraded Avery Dennison from a “neutral” rating to an “overweight” rating and upped their target price for the company from $182.00 to $195.00 in a report on Thursday, October 23rd. BMO Capital Markets reissued an “outperform” rating and issued a $210.00 price target on shares of Avery Dennison in a research report on Thursday, October 23rd. Citigroup boosted their price objective on shares of Avery Dennison from $180.00 to $188.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $204.36.

Avery Dennison Stock Performance

Shares of AVY opened at $180.49 on Tuesday. Avery Dennison has a one year low of $156.23 and a one year high of $196.40. The company has a 50-day moving average of $176.68 and a two-hundred day moving average of $173.24. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.26 and a quick ratio of 0.89. The stock has a market cap of $13.95 billion, a price-to-earnings ratio of 20.53, a PEG ratio of 3.07 and a beta of 1.00.

Avery Dennison (NYSE:AVY) last issued its quarterly 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. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the prior year, the firm earned $2.33 EPS. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. On average, equities research analysts expect that Avery Dennison will post 9.96 earnings per share for the current year.

Institutional Trading of Avery Dennison

Several large investors have recently made changes to their positions in AVY. Vanguard Group Inc. grew its stake in Avery Dennison by 3.6% in the 3rd quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock valued at $1,683,185,000 after buying an additional 361,231 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Avery Dennison by 12.5% in the third quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock valued at $942,039,000 after purchasing an additional 644,664 shares during the last quarter. State Street Corp increased its stake in shares of Avery Dennison by 0.6% in the third quarter. State Street Corp now owns 3,667,474 shares of the industrial products company’s stock worth $594,754,000 after purchasing an additional 20,860 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Avery Dennison by 30.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock worth $298,613,000 after purchasing an additional 435,156 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Avery Dennison by 4.9% during the 3rd quarter. Invesco Ltd. now owns 1,659,862 shares of the industrial products company’s stock valued at $269,180,000 after purchasing an additional 77,272 shares during the period. Institutional investors own 94.17% of the company’s stock.

Key Avery Dennison News

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Truist raised its price target sharply to $234 (buy), signaling material upside vs. the current share price and reflecting confidence in Avery’s growth prospects — a notable bullish vote that can support the stock. Truist price target raise
• Positive Sentiment: Citi raised its price target to $188 from $180, another incremental analyst upgrade that reinforces buy‑side momentum. Citi price target raise
• Positive Sentiment: Bank of America raised its target to $198 (from $195) and Bank of America Securities reaffirmed a buy rating — continued institutional support that can prop up shares ahead of results. BofA price target raise BofA reaffirms buy
• Positive Sentiment: Analysts and commentary are highlighting Avery’s prior quarter beat and the long‑term opportunity from Walmart’s expanded RFID adoption — a structural demand driver for Avery’s labels and digital ID products that supports a bullish growth narrative. Yahoo: Bull Case / Walmart RFID
• Neutral Sentiment: Avery Dennison announced it will webcast its Q4 and full‑year 2025 earnings on Feb. 4 (release that morning). The scheduled call concentrates focus and could trigger volatility around guidance and narrow‑term results. Earnings webcast announcement
• Neutral Sentiment: Analyst roundup pieces and previews (e.g., Benzinga, Yahoo) summarize a mix of upgrades and expectations ahead of Q4 — useful for framing consensus but not immediate drivers until results/guidance. Benzinga analyst roundup Yahoo: What to expect
• Negative Sentiment: Despite the bullish analyst activity, the stock is trading lower today with volume below its average — suggesting some profit‑taking or cautious positioning ahead of the Feb. 4 results (short‑term headwind until clarity from earnings/guidance).

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.