Avery Dennison Corporation (NYSE:AVY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Avery Dennison Corporation (NYSE:AVY) have been given an average recommendation of “Moderate Buy” by the twelve analysts that are presently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $195.30.

Several equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Avery Dennison from $172.00 to $182.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Bank of America increased their target price on shares of Avery Dennison from $195.00 to $208.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Citigroup decreased their target price on shares of Avery Dennison from $191.00 to $177.00 and set a “neutral” rating for the company in a research note on Monday, September 29th. Raymond James Financial increased their target price on shares of Avery Dennison from $194.00 to $200.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $207.00 target price (down previously from $216.00) on shares of Avery Dennison in a research note on Wednesday, July 23rd.

Avery Dennison Stock Performance

NYSE AVY opened at $179.11 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.04 and a quick ratio of 0.70. Avery Dennison has a 1 year low of $156.23 and a 1 year high of $220.02. The company has a market capitalization of $13.97 billion, a PE ratio of 20.10, a P/E/G ratio of 2.42 and a beta of 0.95. The company has a fifty day moving average of $166.41 and a two-hundred day moving average of $172.31.

Avery Dennison (NYSE:AVY) last announced its earnings results on Wednesday, October 22nd. The industrial products company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.05. Avery Dennison had a net margin of 8.14% and a return on equity of 33.14%. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the prior year, the firm earned $2.33 earnings per share. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. As a group, analysts expect that Avery Dennison will post 9.96 earnings per share for the current year.

Institutional Investors Weigh In On Avery Dennison

A number of hedge funds have recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC boosted its position in Avery Dennison by 16.6% during the second quarter. Strengthening Families & Communities LLC now owns 408 shares of the industrial products company’s stock worth $73,000 after acquiring an additional 58 shares during the last quarter. Resources Management Corp CT ADV boosted its holdings in shares of Avery Dennison by 0.8% in the 2nd quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock valued at $1,369,000 after purchasing an additional 62 shares during the last quarter. Bill Few Associates Inc. boosted its holdings in shares of Avery Dennison by 0.5% in the 2nd quarter. Bill Few Associates Inc. now owns 13,341 shares of the industrial products company’s stock valued at $2,341,000 after purchasing an additional 67 shares during the last quarter. Diversified Trust Co boosted its holdings in shares of Avery Dennison by 0.5% in the 2nd quarter. Diversified Trust Co now owns 13,287 shares of the industrial products company’s stock valued at $2,331,000 after purchasing an additional 71 shares during the last quarter. Finally, Forum Financial Management LP boosted its holdings in shares of Avery Dennison by 5.6% in the 1st quarter. Forum Financial Management LP now owns 1,384 shares of the industrial products company’s stock valued at $246,000 after purchasing an additional 73 shares during the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

About Avery Dennison

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.