Avery Dennison Corporation (NYSE:AVY) Receives $200.55 Average PT from Analysts

by · The Cerbat Gem

Avery Dennison Corporation (NYSE:AVY – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twelve brokerages that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $200.5455.

Several research firms have weighed in on AVY. Citigroup dropped their price target on Avery Dennison from $191.00 to $177.00 and set a “neutral” rating for the company in a research report on Monday, September 29th. BMO Capital Markets reissued an “outperform” rating and issued a $210.00 target price on shares of Avery Dennison in a research note on Thursday, October 23rd. Argus set a $200.00 price target on shares of Avery Dennison in a research note on Tuesday, October 28th. UBS Group raised shares of Avery Dennison from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $181.00 to $218.00 in a research report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. upgraded shares of Avery Dennison from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $182.00 to $195.00 in a research report on Thursday, October 23rd.

Get Our Latest Analysis on AVY

Institutional Trading of Avery Dennison

A number of hedge funds have recently added to or reduced their stakes in AVY. Fifth Third Bancorp lifted its holdings in Avery Dennison by 5.9% in the second quarter. Fifth Third Bancorp now owns 3,494 shares of the industrial products company’s stock valued at $613,000 after acquiring an additional 196 shares during the period. DNB Asset Management AS lifted its stake in shares of Avery Dennison by 4.3% in the 2nd quarter. DNB Asset Management AS now owns 16,398 shares of the industrial products company’s stock valued at $2,877,000 after purchasing an additional 676 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Avery Dennison by 567.6% during the third quarter. Assenagon Asset Management S.A. now owns 149,026 shares of the industrial products company’s stock worth $24,168,000 after buying an additional 126,704 shares in the last quarter. Assetmark Inc. grew its position in Avery Dennison by 1,018.3% during the second quarter. Assetmark Inc. now owns 1,588 shares of the industrial products company’s stock valued at $279,000 after buying an additional 1,446 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new position in Avery Dennison in the second quarter valued at $1,180,000. 94.17% of the stock is owned by institutional investors and hedge funds.

Avery Dennison Stock Performance

NYSE:AVY opened at $182.44 on Thursday. 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 company has a market capitalization of $14.10 billion, a P/E ratio of 20.75, a price-to-earnings-growth ratio of 2.25 and a beta of 1.00. The firm has a 50-day moving average price of $176.52 and a two-hundred day moving average price of $173.10. Avery Dennison has a twelve month low of $156.23 and a twelve month high of $196.40.

Avery Dennison (NYSE:AVY – Get Free Report) last released 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 for the quarter, compared to analyst estimates of $2.22 billion. During the same period in the prior year, the business earned $2.33 earnings per share. The company’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. As a group, research analysts expect that Avery Dennison will post 9.96 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were given a $0.94 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.1%. Avery Dennison’s payout ratio is currently 42.78%.

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.

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