Zacks Research Cuts Earnings Estimates for Avery Dennison

Avery Dennison Corporation (NYSE:AVY) – Equities research analysts at Zacks Research decreased their Q4 2026 earnings per share (EPS) estimates for Avery Dennison in a note issued to investors on Wednesday, November 11th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $2.38 for the quarter, down from their previous forecast of $2.49. The consensus estimate for Avery Dennison’s current full-year earnings is $10.17 per share. Zacks Research also issued estimates for Avery Dennison’s Q1 2027 earnings at $2.59 EPS, Q2 2027 earnings at $2.94 EPS and Q2 2028 earnings at $3.03 EPS.

Avery Dennison (NYSE:AVY) last released its earnings results on Thursday, October 29th. The industrial products company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.10. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.26 billion. Avery Dennison had a net margin of 7.56% and a return on equity of 33.88%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.37 earnings per share.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings raised shares of Avery Dennison from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, November 4th. Jefferies Financial Group reissued a “hold” rating and issued a $181.00 target price on shares of Avery Dennison in a report on Monday, September 28th. Citigroup lifted their target price on Avery Dennison from $186.00 to $191.00 and gave the company a “neutral” rating in a research note on Monday, November 2nd. UBS Group increased their price target on Avery Dennison from $225.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday, October 30th. Finally, Truist Financial cut their price target on Avery Dennison from $209.00 to $208.00 and set a “buy” rating on the stock in a report on Monday, October 12th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $201.10.

Avery Dennison Trading Down 0.6%

Avery Dennison stock opened at $187.13 on Friday. Avery Dennison has a 1 year low of $152.42 and a 1 year high of $199.54. The firm’s 50-day moving average is $175.95 and its 200-day moving average is $172.34. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.80 and a current ratio of 1.16. The company has a market cap of $14.13 billion, a P/E ratio of 20.25, a PEG ratio of 2.22 and a beta of 0.77.

Avery Dennison Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, December 2nd will be given a $1.00 dividend. The ex-dividend date is Wednesday, December 2nd. This represents a $4.00 annualized dividend and a yield of 2.1%. Avery Dennison’s dividend payout ratio is 43.29%.

Insider Activity

In other Avery Dennison news, Director Andres Alberto Lopez sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $193.80, for a total value of $775,200.00. Following the sale, the director owned 1,147 shares in the company, valued at approximately $222,288.60. This trade represents a 77.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Nicholas Colisto sold 3,886 shares of Avery Dennison stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $170.68, for a total value of $663,262.48. Following the sale, the senior vice president directly owned 7,126 shares in the company, valued at approximately $1,216,265.68. This trade represents a 35.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.81% of the stock is currently owned by corporate insiders.

Institutional Trading of Avery Dennison

Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Avery Dennison in the second quarter worth $1,052,464,000. Wellington Management Group LLP increased its holdings in shares of Avery Dennison by 9.1% during the second quarter. Wellington Management Group LLP now owns 5,788,479 shares of the industrial products company’s stock valued at $939,760,000 after purchasing an additional 482,054 shares during the period. Ninety One UK Ltd bought a new stake in shares of Avery Dennison during the third quarter valued at about $341,344,000. Robeco Institutional Asset Management B.V. raised its stake in shares of Avery Dennison by 2,376.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 984,976 shares of the industrial products company’s stock valued at $168,106,000 after purchasing an additional 945,195 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Avery Dennison by 1.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 956,886 shares of the industrial products company’s stock worth $155,350,000 after purchasing an additional 17,769 shares during the period. Institutional investors own 94.17% of the company’s stock.

Avery Dennison Company Profile

Avery Dennison is a global materials science and digital identification solutions company. Its products include pressure-sensitive labels and adhesives, packaging materials, and graphic films used in applications such as product labeling, vehicle graphics, and building signage. The company also develops technologies that help businesses identify and track products, including RFID inlays and tags, which can support inventory management and supply-chain visibility. Its solutions serve customers across industries such as apparel, food and beverage, logistics, healthcare, and retail.