Avery Dennison (NYSE:AVY) Coverage Initiated by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft began coverage on shares of Avery Dennison (NYSE:AVY) in a research note issued on Wednesday. The brokerage set a “buy” rating and a $200.00 price target on the industrial products company’s stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 15.71% from the company’s current price.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. lifted their price objective on shares of Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Weiss Ratings restated a “hold (c)” rating on shares of Avery Dennison in a report on Friday. Citigroup raised their target price on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. BMO Capital Markets lifted their price target on shares of Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a research note on Friday, February 6th. Finally, Truist Financial increased their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Avery Dennison presently has a consensus rating of “Moderate Buy” and an average price target of $207.75.

Avery Dennison Stock Performance

Shares of Avery Dennison stock opened at $172.85 on Wednesday. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. The firm has a market cap of $13.30 billion, a price-to-earnings ratio of 19.69, a price-to-earnings-growth ratio of 3.00 and a beta of 0.97. The stock’s 50-day moving average is $183.47 and its 200-day moving average is $177.09. Avery Dennison has a one year low of $156.23 and a one year high of $199.54.

Avery Dennison (NYSE:AVY) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.05. The business had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.Avery Dennison’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Equities analysts predict that Avery Dennison will post 9.96 earnings per share for the current fiscal year.

Insider Activity at Avery Dennison

In other Avery Dennison news, Director Mitchell R. Butier sold 20,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the completion of the sale, the director owned 211,147 shares of the company’s stock, valued at $36,714,240.36. This trade represents a 8.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.95, for a total transaction of $223,050.20. Following the transaction, the senior vice president directly owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 34,156 shares of company stock valued at $5,930,150 over the last quarter. 0.81% of the stock is currently owned by corporate insiders.

Institutional Trading of Avery Dennison

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Avery Dennison by 3.6% during the third quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock worth $1,683,185,000 after purchasing an additional 361,231 shares during the period. Johnson Investment Counsel Inc. lifted its holdings in Avery Dennison by 11.7% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 351,635 shares of the industrial products company’s stock worth $57,025,000 after purchasing an additional 36,698 shares during the last quarter. Fieldview Capital Management LLC boosted its stake in Avery Dennison by 412.7% in the 3rd quarter. Fieldview Capital Management LLC now owns 26,265 shares of the industrial products company’s stock valued at $4,259,000 after purchasing an additional 21,142 shares during the period. WCM Investment Management LLC acquired a new position in Avery Dennison in the 3rd quarter valued at $2,785,000. Finally, Assenagon Asset Management S.A. grew its holdings in Avery Dennison by 567.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 149,026 shares of the industrial products company’s stock valued at $24,168,000 after buying an additional 126,704 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

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.