JPMorgan Chase & Co. Increases Avery Dennison (NYSE:AVY) Price Target to $205.00

Avery Dennison (NYSE:AVYGet Free Report) had its target price lifted by research analysts at JPMorgan Chase & Co. from $195.00 to $205.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 7.49% from the stock’s previous close.

Several other analysts also recently weighed in on AVY. BMO Capital Markets boosted their price objective on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a research report on Friday. Citigroup upped their price target on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Truist Financial boosted their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Finally, Argus set a $200.00 price objective on shares of Avery Dennison in a research note on Tuesday, October 28th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $208.45.

Read Our Latest Analysis on Avery Dennison

Avery Dennison Price Performance

Shares of NYSE:AVY opened at $190.72 on Monday. The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 1.43. The stock has a market cap of $14.74 billion, a PE ratio of 21.72, a PEG ratio of 3.34 and a beta of 1.00. The company’s fifty day moving average is $184.13 and its 200 day moving average is $174.54. Avery Dennison has a 52 week low of $156.23 and a 52 week high of $196.00.

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

Insider Buying and Selling at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $192.95, for a total transaction of $223,050.20. Following the sale, the senior vice president directly owned 7,588 shares in the company, valued at $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 through this hyperlink. 0.84% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Avery Dennison

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. increased its stake in shares of Avery Dennison by 2.6% in the 4th quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company’s stock worth $393,000 after acquiring an additional 54 shares in the last quarter. Huntington National Bank boosted its stake in Avery Dennison by 3.2% during the fourth quarter. Huntington National Bank now owns 1,832 shares of the industrial products company’s stock worth $333,000 after acquiring an additional 56 shares in the last quarter. Portside Wealth Group LLC boosted its stake in Avery Dennison by 4.7% during the third quarter. Portside Wealth Group LLC now owns 1,340 shares of the industrial products company’s stock worth $217,000 after acquiring an additional 60 shares in the last quarter. Capital Investment Advisors LLC grew its holdings in Avery Dennison by 3.4% in the fourth quarter. Capital Investment Advisors LLC now owns 1,838 shares of the industrial products company’s stock worth $334,000 after purchasing an additional 61 shares during the period. Finally, Resources Management Corp CT ADV increased its stake in shares of Avery Dennison by 0.8% during the second quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock valued at $1,369,000 after purchasing an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.

About Avery Dennison

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Avery Dennison (NYSE:AVY)

Receive News & Ratings for Avery Dennison Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avery Dennison and related companies with MarketBeat.com's FREE daily email newsletter.