Avery Dennison Co. (NYSE:AVY – Free Report) – Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for shares of Avery Dennison in a research report issued to clients and investors on Tuesday, February 18th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings of $2.48 per share for the quarter, up from their previous forecast of $2.47. The consensus estimate for Avery Dennison’s current full-year earnings is $9.96 per share.
Several other equities research analysts also recently weighed in on AVY. Truist Financial reaffirmed a “buy” rating and issued a $215.00 target price (down previously from $245.00) on shares of Avery Dennison in a research report on Friday, January 31st. StockNews.com cut Avery Dennison from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. upgraded shares of Avery Dennison from a “neutral” rating to an “overweight” rating and dropped their price objective for the company from $210.00 to $205.00 in a research note on Friday, January 31st. UBS Group lowered their price target on shares of Avery Dennison from $235.00 to $207.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Finally, Citigroup lowered their target price on Avery Dennison from $228.00 to $202.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $227.15.
Avery Dennison Stock Up 0.8 %
Shares of Avery Dennison stock opened at $184.38 on Friday. The company has a fifty day moving average price of $187.22 and a 200 day moving average price of $202.71. The company has a current ratio of 1.08, a quick ratio of 0.73 and a debt-to-equity ratio of 1.10. Avery Dennison has a twelve month low of $178.72 and a twelve month high of $233.48. The stock has a market cap of $14.81 billion, a price-to-earnings ratio of 21.14, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89.
Avery Dennison (NYSE:AVY – Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The industrial products company reported $2.38 earnings per share for the quarter, missing analysts’ consensus estimates of $2.39 by ($0.01). Avery Dennison had a net margin of 8.05% and a return on equity of 33.06%.
Avery Dennison Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date is Wednesday, March 5th. Avery Dennison’s dividend payout ratio (DPR) is 40.37%.
Insider Activity at Avery Dennison
In other Avery Dennison news, SVP Nicholas Colisto sold 3,679 shares of Avery Dennison stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $206.00, for a total value of $757,874.00. Following the transaction, the senior vice president now owns 7,126 shares in the company, valued at approximately $1,467,956. The trade was a 34.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.10% of the company’s stock.
Hedge Funds Weigh In On Avery Dennison
A number of hedge funds have recently modified their holdings of AVY. Empirical Finance LLC boosted its holdings in Avery Dennison by 2.0% in the third quarter. Empirical Finance LLC now owns 2,822 shares of the industrial products company’s stock worth $623,000 after purchasing an additional 55 shares in the last quarter. Greenleaf Trust lifted its position in shares of Avery Dennison by 4.4% in the fourth quarter. Greenleaf Trust now owns 1,352 shares of the industrial products company’s stock worth $253,000 after buying an additional 57 shares during the last quarter. AdvisorNet Financial Inc boosted its stake in shares of Avery Dennison by 18.8% during the 4th quarter. AdvisorNet Financial Inc now owns 367 shares of the industrial products company’s stock worth $69,000 after acquiring an additional 58 shares in the last quarter. HBK Sorce Advisory LLC increased its holdings in shares of Avery Dennison by 0.5% during the 4th quarter. HBK Sorce Advisory LLC now owns 11,862 shares of the industrial products company’s stock valued at $2,220,000 after acquiring an additional 58 shares during the last quarter. Finally, Lindenwold Advisors INC raised its stake in shares of Avery Dennison by 0.6% in the 3rd quarter. Lindenwold Advisors INC now owns 10,266 shares of the industrial products company’s stock valued at $2,266,000 after acquiring an additional 59 shares in the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.
Avery Dennison Company Profile
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.
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