Avery Dennison Corporation (NYSE:AVY) Stock Has Average Price Target of $199.10

Avery Dennison Corporation (NYSE:AVY) has been given an average recommendation of “Moderate Buy” by the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $200.10.

A number of research firms recently weighed in on AVY. 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. Bank of America reaffirmed a “buy” rating on shares of Avery Dennison in a research note on Friday, August 14th. UBS Group increased their price objective on shares of Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. increased their price objective on shares of Avery Dennison from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Citigroup lifted their price objective on shares of Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st.

Key Headlines Impacting Avery Dennison

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Q3 earnings and revenue beat estimates. Avery Dennison reported earnings of $2.42 per share versus the $2.32 consensus estimate, while revenue rose 5.2% year over year to $2.33 billion, ahead of the roughly $2.26 billion forecast. Productivity improvements and pricing supported the result. Avery Dennison Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Materials demand remained strong. Materials Group sales increased 8.5% to $1.64 billion, helping offset a 1.8% decline in Solutions Group sales. Management also indicated that customer destocking is easing, which could improve demand visibility. Avery Dennison Posts Third-Quarter Sales and EPS
• Positive Sentiment: Analyst price target increased. Raymond James raised its target for AVY to $198 from $192, signaling continued confidence in the company’s earnings resilience and operating improvements. Raymond James Raises Avery Dennison Price Target
• Neutral Sentiment: Full-year guidance was maintained. Avery Dennison reaffirmed reported 2026 EPS guidance of $9.45 to $9.59 rather than issuing an upside revision. The stable outlook provides support, but may limit additional upside from the earnings announcement. Avery Dennison Provides 2026 Earnings Guidance
• Negative Sentiment: Profitability and demand risks remain. Management continues to face margin pressure and uneven customer demand, particularly in Solutions, while ongoing destocking could weigh on near-term volumes. Recent insider selling may also modestly temper sentiment, although it is not necessarily tied to operating performance. Avery Dennison Earnings Beat Estimates on Productivity

Avery Dennison Stock Up 0.1%

AVY opened at $182.19 on Wednesday. The firm has a 50-day simple moving average of $174.24 and a two-hundred day simple moving average of $172.28. Avery Dennison has a 52 week low of $152.42 and a 52 week high of $199.54. The company has a market capitalization of $13.81 billion, a PE ratio of 19.72, a price-to-earnings-growth ratio of 2.19 and a beta of 0.79. The company has a quick ratio of 0.79, a current ratio of 1.16 and a debt-to-equity ratio of 1.33.

Avery Dennison (NYSE:AVY) last released its quarterly 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. Avery Dennison had a return on equity of 33.88% and a net margin of 7.56%. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the business posted $2.37 EPS. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. Analysts forecast that Avery Dennison will post 10.14 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

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

Insider Activity at Avery Dennison

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

Hedge Funds Weigh In On Avery Dennison

A number of large investors have recently bought and sold shares of the business. Activest Wealth Management purchased a new stake in shares of Avery Dennison in the third quarter valued at approximately $27,000. Trust Co. of Vermont bought a new position in shares of Avery Dennison during the 2nd quarter worth $27,000. Elevation Wealth Partners LLC increased its stake in shares of Avery Dennison by 684.0% during the second quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock valued at $32,000 after buying an additional 171 shares during the period. Louisbourg Investments Inc. purchased a new position in shares of Avery Dennison during the third quarter valued at $39,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Avery Dennison in the second quarter valued at about $40,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

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.