Deutsche Bank Aktiengesellschaft Begins Coverage on Avery Dennison (NYSE:AVY)

Investment analysts at Deutsche Bank Aktiengesellschaft initiated coverage on shares of Avery Dennison (NYSE:AVY) in a research note issued to investors on Wednesday, Marketbeat.com reports. The brokerage set a “buy” rating and a $200.00 price target on the industrial products company’s stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 16.64% from the company’s current price.

Several other brokerages have also recently commented on AVY. BMO Capital Markets boosted their price target on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. lifted their target price on shares of Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Citigroup boosted their target price on shares of Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a research note on Friday, March 27th. Finally, Truist Financial raised their price target on shares of Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Ten 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 an average rating of “Moderate Buy” and a consensus price target of $207.75.

Avery Dennison Trading Down 0.9%

NYSE AVY opened at $171.47 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. Avery Dennison has a 1-year low of $156.23 and a 1-year high of $199.54. The firm’s fifty day simple moving average is $182.93 and its 200-day simple moving average is $177.02. The company has a market capitalization of $13.19 billion, a PE ratio of 19.53, a price-to-earnings-growth ratio of 3.08 and a beta of 1.00.

Avery Dennison (NYSE:AVY) last released 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. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The firm had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter last year, the firm earned $2.38 earnings per share. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, sell-side analysts anticipate that Avery Dennison will post 9.96 earnings per share for the current fiscal year.

Insider Activity at Avery Dennison

In other Avery Dennison news, Director Mitchell R. Butier sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the transaction, the director owned 211,147 shares in the company, valued at $36,714,240.36. This trade represents a 8.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Ignacio J. Walker sold 1,156 shares of the business’s stock in a transaction 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 completion of the sale, the senior vice president owned 7,588 shares of the company’s stock, valued at $1,464,104.60. The trade was a 13.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 34,156 shares of company stock worth $5,930,150. Corporate insiders own 0.81% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Steigerwald Gordon & Koch Inc. bought a new position in shares of Avery Dennison in the third quarter worth about $29,000. Bartlett & CO. Wealth Management LLC boosted its stake 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 valued at $31,000 after purchasing an additional 169 shares during the period. Root Financial Partners LLC boosted its stake 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 valued at $35,000 after purchasing an additional 73 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in Avery Dennison in the 3rd quarter valued at approximately $36,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in Avery Dennison in the 4th quarter valued at approximately $37,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

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.