Q3 EPS Estimates for Avery Dennison Cut by Zacks Research

Avery Dennison Corporation (NYSE:AVY) – Zacks Research dropped their Q3 2026 earnings estimates for Avery Dennison in a research report issued to clients and investors on Tuesday, January 20th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $2.56 per share for the quarter, down from their prior estimate of $2.57. The consensus estimate for Avery Dennison’s current full-year earnings is $9.96 per share. Zacks Research also issued estimates for Avery Dennison’s Q4 2026 earnings at $2.71 EPS.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $2.22 billion. During the same period in the prior year, the company earned $2.33 EPS. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year.

Several other research analysts have also issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Citigroup increased their price target on Avery Dennison from $180.00 to $188.00 and gave the company a “neutral” rating in a research note on Tuesday, January 6th. JPMorgan Chase & Co. upgraded Avery Dennison from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $182.00 to $195.00 in a research report on Thursday, October 23rd. Truist Financial upped their target price on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Finally, Argus set a $200.00 target price on shares of Avery Dennison in a research report on Tuesday, October 28th. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $204.36.

Avery Dennison Stock Performance

NYSE:AVY opened at $187.39 on Thursday. The stock’s 50-day moving average is $179.77 and its 200-day moving average is $173.93. Avery Dennison has a 1-year low of $156.23 and a 1-year high of $196.40. The company has a current ratio of 1.26, a quick ratio of 0.89 and a debt-to-equity ratio of 1.45. The stock has a market cap of $14.48 billion, a P/E ratio of 21.32, a price-to-earnings-growth ratio of 3.14 and a beta of 1.00.

Institutional Investors Weigh In On Avery Dennison

A number of hedge funds and other institutional investors have recently modified their holdings of AVY. Fifth Third Bancorp boosted its position in shares of Avery Dennison by 5.9% during the 2nd quarter. Fifth Third Bancorp now owns 3,494 shares of the industrial products company’s stock worth $613,000 after acquiring an additional 196 shares in the last quarter. DNB Asset Management AS lifted its stake in Avery Dennison by 4.3% during the second quarter. DNB Asset Management AS now owns 16,398 shares of the industrial products company’s stock worth $2,877,000 after purchasing an additional 676 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Avery Dennison by 567.6% in the third quarter. Assenagon Asset Management S.A. now owns 149,026 shares of the industrial products company’s stock valued at $24,168,000 after purchasing an additional 126,704 shares in the last quarter. Assetmark Inc. increased its stake in Avery Dennison by 1,018.3% in the second quarter. Assetmark Inc. now owns 1,588 shares of the industrial products company’s stock valued at $279,000 after purchasing an additional 1,446 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Avery Dennison during the second quarter worth approximately $1,180,000. Institutional investors 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.