Avery Dennison Corporation (AVY) To Go Ex-Dividend on December 3rd

Avery Dennison Corporation (NYSE:AVY) announced a quarterly dividend on Friday, October 24th. Stockholders of record on Wednesday, December 3rd will be paid a dividend of 0.94 per share by the industrial products company on Wednesday, December 17th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, December 3rd.

Avery Dennison has a payout ratio of 35.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Avery Dennison to earn $10.88 per share next year, which means the company should continue to be able to cover its $3.76 annual dividend with an expected future payout ratio of 34.6%.

Avery Dennison Trading Down 2.6%

Shares of AVY stock opened at $181.39 on Friday. Avery Dennison has a 12-month low of $156.23 and a 12-month high of $209.83. The firm has a market cap of $14.14 billion, a P/E ratio of 20.64, a PEG ratio of 2.68 and a beta of 0.95. The company has a quick ratio of 0.70, a current ratio of 1.26 and a debt-to-equity ratio of 1.45. The company has a 50 day moving average of $166.72 and a 200-day moving average of $172.70.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.37 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.05. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The business had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same period in the previous year, the business earned $2.33 EPS. Avery Dennison’s 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. Sell-side analysts anticipate that Avery Dennison will post 9.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating and issued a $210.00 price objective on shares of Avery Dennison in a research note on Thursday. UBS Group upgraded shares of Avery Dennison from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $181.00 to $218.00 in a research note on Thursday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Avery Dennison in a research note on Tuesday, October 14th. Bank of America raised their price target on shares of Avery Dennison from $195.00 to $208.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. Finally, Truist Financial reduced their price target on shares of Avery Dennison from $204.00 to $203.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $200.60.

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.