Avery Dennison Corporation (NYSE:AVY) Receives $200.11 Consensus PT from Analysts

Avery Dennison Corporation (NYSE:AVY) has earned an average recommendation of “Moderate Buy” from the nine analysts that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $200.1111.

AVY has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft assumed coverage on Avery Dennison in a report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 target price for the company. Argus set a $175.00 price target on Avery Dennison in a report on Thursday, June 4th. Truist Financial dropped their price objective on shares of Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Weiss Ratings downgraded shares of Avery Dennison from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Finally, Bank of America boosted their target price on shares of Avery Dennison from $202.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th.

Avery Dennison Stock Performance

Shares of Avery Dennison stock opened at $161.11 on Monday. The company’s 50 day moving average price is $159.54 and its two-hundred day moving average price is $171.74. The firm has a market capitalization of $12.32 billion, a P/E ratio of 18.16, a P/E/G ratio of 2.76 and a beta of 0.82. 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 1.38, a current ratio of 1.15 and a quick ratio of 0.80.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.41 by $0.06. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the prior year, the business earned $2.30 earnings per share. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, equities analysts forecast that Avery Dennison will post 10 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a $1.00 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. Avery Dennison’s payout ratio is currently 45.10%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AVY. CPC Advisors LLC bought a new position in Avery Dennison during the 4th quarter worth approximately $1,464,000. Retirement Systems of Alabama boosted its stake in shares of Avery Dennison by 87.9% in the 4th quarter. Retirement Systems of Alabama now owns 228,979 shares of the industrial products company’s stock valued at $41,647,000 after purchasing an additional 107,109 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in shares of Avery Dennison in the 4th quarter valued at $2,546,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Avery Dennison by 8.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 169,137 shares of the industrial products company’s stock worth $30,857,000 after buying an additional 13,494 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp raised its stake in Avery Dennison by 59.1% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 67,193 shares of the industrial products company’s stock worth $12,221,000 after buying an additional 24,953 shares during the last quarter. 94.17% of the stock is owned by institutional investors.

About Avery Dennison

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.