Zacks Research Expects Lower Earnings for Avery Dennison

Avery Dennison Corporation (NYSE:AVY) – Research analysts at Zacks Research decreased their Q3 2026 earnings estimates for Avery Dennison in a note issued to investors on Friday, October 23rd. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.29 per share for the quarter, down from their prior estimate of $2.30. The consensus estimate for Avery Dennison’s current full-year earnings is $10.14 per share. Zacks Research also issued estimates for Avery Dennison’s Q4 2026 earnings at $2.49 EPS, Q2 2027 earnings at $2.97 EPS, Q3 2027 earnings at $2.66 EPS, Q4 2027 earnings at $2.77 EPS, FY2027 earnings at $11.04 EPS, Q1 2028 earnings at $2.97 EPS, Q2 2028 earnings at $3.09 EPS, Q3 2028 earnings at $2.87 EPS and FY2028 earnings at $11.97 EPS.

Avery Dennison (NYSE:AVY) last released its quarterly 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 net margin of 7.62% and a return on equity of 34.60%. The business had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.30 billion. During the same period in the prior year, the firm posted $2.42 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS.

AVY has been the topic of several other reports. Bank of America reaffirmed a “buy” rating on shares of Avery Dennison in a report on Friday, August 14th. UBS Group increased their price objective on Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a report on Friday, July 31st. Wall Street Zen raised Avery Dennison from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. JPMorgan Chase & Co. boosted their target price on Avery Dennison from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $181.00 target price on shares of Avery Dennison in a research report on Monday, September 28th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $199.10.

Avery Dennison Trading Up 1.0%

NYSE:AVY opened at $183.58 on Tuesday. Avery Dennison has a 52 week low of $152.42 and a 52 week high of $199.54. The firm has a 50 day moving average of $174.01 and a 200 day moving average of $172.36. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $13.91 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 2.19 and a beta of 0.79.

Institutional Trading of Avery Dennison

Large investors have recently added to or reduced their stakes in the company. Apollon Wealth Management LLC raised its stake in shares of Avery Dennison by 197.1% in the third quarter. Apollon Wealth Management LLC now owns 5,184 shares of the industrial products company’s stock worth $885,000 after purchasing an additional 3,439 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position in Avery Dennison by 61.3% in the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,316 shares of the industrial products company’s stock valued at $225,000 after buying an additional 500 shares during the last quarter. Signaturefd LLC increased its holdings in Avery Dennison by 875.1% in the 3rd quarter. Signaturefd LLC now owns 2,974 shares of the industrial products company’s stock worth $508,000 after buying an additional 2,669 shares during the period. Citizens Financial Group Inc. RI acquired a new position in Avery Dennison in the 3rd quarter worth approximately $1,124,000. Finally, Middleton & Co. Inc. MA raised its position in Avery Dennison by 3.0% during the 3rd quarter. Middleton & Co. Inc. MA now owns 5,152 shares of the industrial products company’s stock worth $879,000 after buying an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Insider Buying and Selling

In related news, SVP Nicholas Colisto sold 3,886 shares of the company’s stock in a transaction 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 directly owned 7,126 shares of the company’s stock, valued at $1,216,265.68. This represents a 35.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ignacio J. Walker sold 1,742 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total value of $298,944.62. Following the completion of the transaction, the senior vice president owned 7,585 shares of the company’s stock, valued at $1,301,661.85. This trade represents a 18.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.81% of the company’s stock.

Avery Dennison Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, December 2nd will be paid a dividend of $1.00 per share. The ex-dividend date is Wednesday, December 2nd. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. Avery Dennison’s dividend payout ratio is presently 43.81%.

About Avery Dennison

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops and produces labeling, packaging, graphic, and functional materials. Its products are used by businesses across industries including consumer goods, retail, logistics, apparel, automotive, healthcare, and industrial manufacturing.

The company’s offerings include pressure-sensitive labels and label materials, adhesives, industrial and specialty tapes, graphic films, and packaging materials.