Avery Dennison (NYSE:AVY) Announces Earnings Results

Avery Dennison (NYSE:AVY) issued its earnings results on Wednesday. The industrial products company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.05, Zacks reports. Avery Dennison had a return on equity of 33.14% and a net margin of 8.14%.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 business earned $2.33 EPS. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. Avery Dennison updated its Q4 2025 guidance to 2.350-2.450 EPS.

Avery Dennison Trading Up 9.5%

Avery Dennison stock opened at $179.11 on Thursday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.04. The stock has a market cap of $13.97 billion, a PE ratio of 20.10, a price-to-earnings-growth ratio of 2.42 and a beta of 0.95. The stock has a 50-day moving average of $166.41 and a two-hundred day moving average of $172.31. Avery Dennison has a one year low of $156.23 and a one year high of $220.02.

Analyst Ratings Changes

Several research firms recently weighed in on AVY. Raymond James Financial lifted their price objective on Avery Dennison from $194.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. Bank of America raised their target price on shares of Avery Dennison from $195.00 to $208.00 and gave the company a “buy” rating in a research report on Wednesday, July 9th. UBS Group raised shares of Avery Dennison from a “neutral” rating to a “buy” rating and set a $218.00 price target for the company in a research report on Thursday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Avery Dennison in a research note on Tuesday, October 14th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $207.00 price objective (down previously from $216.00) on shares of Avery Dennison in a research note on Wednesday, July 23rd. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $200.30.

Hedge Funds Weigh In On Avery Dennison

Hedge funds and other institutional investors have recently modified their holdings of the stock. Nomura Holdings Inc. increased its stake in Avery Dennison by 3.7% during the 2nd quarter. Nomura Holdings Inc. now owns 2,634 shares of the industrial products company’s stock valued at $462,000 after purchasing an additional 93 shares in the last quarter. Brown Advisory Inc. lifted its position in Avery Dennison by 11.2% during the 2nd quarter. Brown Advisory Inc. now owns 2,412 shares of the industrial products company’s stock worth $423,000 after acquiring an additional 243 shares during the period. Nebula Research & Development LLC purchased a new stake in Avery Dennison during the 2nd quarter valued at about $390,000. Diversify Advisory Services LLC acquired a new position in shares of Avery Dennison in the second quarter valued at about $254,000. Finally, Hudson Bay Capital Management LP acquired a new stake in shares of Avery Dennison during the second quarter worth about $243,000. 94.17% of the stock is owned by hedge funds and other institutional investors.

Avery Dennison Company Profile

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.