Zacks Research Boosts Earnings Estimates for Avery Dennison

Avery Dennison Corporation (NYSE:AVY) – Stock analysts at Zacks Research upped their Q3 2026 EPS estimates for Avery Dennison in a report released on Thursday, October 8th. Zacks Research analyst Team now anticipates that the industrial products company will earn $2.30 per share for the quarter, up from their previous estimate of $2.29. The consensus estimate for Avery Dennison’s current full-year earnings is $10.15 per share. Zacks Research also issued estimates for Avery Dennison’s Q4 2026 earnings at $2.49 EPS, Q1 2027 earnings at $2.67 EPS, Q3 2027 earnings at $2.67 EPS, Q4 2027 earnings at $2.79 EPS, FY2027 earnings at $11.13 EPS, Q1 2028 earnings at $2.99 EPS, Q3 2028 earnings at $2.91 EPS and FY2028 earnings at $12.11 EPS.

A number of other equities research analysts have also recently commented on AVY. Citigroup raised their price objective on Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. boosted their price objective on Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, July 31st. UBS Group upped their target price on Avery Dennison from $218.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Truist Financial lowered their target price on Avery Dennison from $209.00 to $208.00 and set a “buy” rating on the stock in a research report on Monday. Finally, Wall Street Zen upgraded Avery Dennison from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Seven 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $199.10.

Avery Dennison Stock Down 0.2%

AVY stock opened at $167.49 on Monday. The stock’s 50 day simple moving average is $174.00 and its 200 day simple moving average is $167.04. Avery Dennison has a fifty-two week low of $152.42 and a fifty-two week high of $199.54. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.79 and a current ratio of 1.13. The company has a market cap of $12.69 billion, a P/E ratio of 18.34, a price-to-earnings-growth ratio of 2.02 and a beta of 0.79.

Avery Dennison (NYSE:AVY) last issued its earnings results on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, beating the consensus estimate of $2.47 by $0.42. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%. The company had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.30 billion. During the same period last year, the business posted $2.42 EPS. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS.

Hedge Funds Weigh In On Avery Dennison

Several large investors have recently bought and sold shares of AVY. Trust Co. of Vermont purchased a new position in shares of Avery Dennison during the second quarter worth about $27,000. Elevation Wealth Partners LLC raised its stake in Avery Dennison by 684.0% in the second quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 171 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Avery Dennison in the second quarter valued at approximately $40,000. Roxbury Financial LLC purchased a new stake in Avery Dennison in the second quarter valued at approximately $40,000. Finally, Miller Global Investments LLC bought a new stake in Avery Dennison during the third quarter valued at approximately $48,000. 94.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, SVP Nicholas Colisto sold 3,886 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $170.68, for a total value of $663,262.48. Following the transaction, the senior vice president owned 7,126 shares in the company, valued at $1,216,265.68. This trade represents a 35.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ignacio J. Walker sold 1,742 shares of Avery Dennison stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $171.61, for a total value of $298,944.62. Following the transaction, the senior vice president directly owned 7,585 shares in the company, valued at approximately $1,301,661.85. The trade was a 18.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.81% of the company’s stock.

Avery Dennison Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, September 2nd. Avery Dennison’s payout ratio is currently 43.81%.

About Avery Dennison

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops pressure-sensitive adhesives, functional materials and intelligent labeling solutions. Its products help identify, brand, decorate, track and protect products across a range of industries.

The company serves the apparel, retail, consumer goods, logistics, food, healthcare, automotive and industrial markets. Its offerings include label and graphic materials, self-adhesive tapes, specialty films, RFID inlays and tags, apparel labels, retail branding systems, packaging solutions and healthcare-related materials.

Avery Dennison was founded in 1935 by R.