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

Shares of Avery Dennison Corporation (NYSE:AVY) have earned an average recommendation of “Moderate Buy” from the ten ratings firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $201.3333.

A number of equities research analysts have weighed in on the company. UBS Group reduced their price objective on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft assumed coverage on Avery Dennison in a research note on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price objective for the company. Weiss Ratings cut Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, June 8th. Raymond James Financial set a $192.00 price objective on Avery Dennison in a research note on Tuesday, April 21st. Finally, Truist Financial restated a “buy” rating and set a $221.00 price target (down from $223.00) on shares of Avery Dennison in a research note on Wednesday, April 29th.

Institutional Investors Weigh In On Avery Dennison

Large investors have recently modified their holdings of the stock. Bartlett & CO. Wealth Management LLC raised its stake in shares of Avery Dennison by 16,900.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 169 shares during the last quarter. Root Financial Partners LLC raised its stake in shares of Avery Dennison by 60.8% during the fourth quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 73 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of Avery Dennison during the third quarter worth approximately $36,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Avery Dennison during the fourth quarter worth approximately $37,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Avery Dennison during the second quarter worth approximately $37,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Avery Dennison Price Performance

Shares of NYSE AVY opened at $163.37 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 1.38. Avery Dennison has a twelve month low of $152.42 and a twelve month high of $199.54. The stock has a 50 day moving average of $161.27 and a two-hundred day moving average of $174.77. The stock has a market cap of $12.50 billion, a P/E ratio of 18.42, a P/E/G ratio of 2.71 and a beta of 0.82.

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

Avery Dennison Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. This is a boost 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 currently 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.