Zacks Research Expects Lower Earnings for Avery Dennison

Avery Dennison Corporation (NYSE:AVY) – Equities research analysts at Zacks Research reduced their Q3 2026 earnings per share estimates for shares of Avery Dennison in a report issued on Friday, October 23rd. Zacks Research analyst Team now expects that the industrial products company will post earnings of $2.29 per share for the quarter, down from their prior estimate of $2.30. The consensus estimate for Avery Dennison’s current full-year earnings is $10.14 per share. Zacks Research also issued estimates for Avery Dennison’s Q4 2026 earnings at $2.49 EPS, Q2 2027 earnings at $2.97 EPS, Q3 2027 earnings at $2.66 EPS, Q4 2027 earnings at $2.77 EPS, FY2027 earnings at $11.04 EPS, Q1 2028 earnings at $2.97 EPS, Q2 2028 earnings at $3.09 EPS, Q3 2028 earnings at $2.87 EPS and FY2028 earnings at $11.97 EPS.

AVY has been the topic of several other research reports. JPMorgan Chase & Co. upped their price objective on Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Bank of America reiterated a “buy” rating on shares of Avery Dennison in a research report on Friday, August 14th. Weiss Ratings raised shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. UBS Group lifted their price objective on shares of Avery Dennison from $218.00 to $225.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $181.00 price objective on shares of Avery Dennison in a research report on Monday, September 28th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $199.10.

Avery Dennison Price Performance

Avery Dennison stock opened at $183.58 on Tuesday. Avery Dennison has a 12-month low of $152.42 and a 12-month high of $199.54. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 1.37. The firm has a 50-day moving average price of $174.01 and a 200-day moving average price of $172.36. The firm has a market capitalization of $13.91 billion, a PE ratio of 20.11, a price-to-earnings-growth ratio of 2.19 and a beta of 0.79.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a return on equity of 34.60% and a net margin of 7.62%. The company had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.30 billion. During the same period last year, the company earned $2.42 earnings per share. Avery Dennison’s revenue was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Avery Dennison during the second quarter valued at approximately $1,052,464,000. Wellington Management Group LLP raised its stake in Avery Dennison by 9.1% in the second quarter. Wellington Management Group LLP now owns 5,788,479 shares of the industrial products company’s stock worth $939,760,000 after buying an additional 482,054 shares in the last quarter. Ninety One UK Ltd purchased a new stake in Avery Dennison during the third quarter worth $341,344,000. Robeco Institutional Asset Management B.V. lifted its holdings in Avery Dennison by 2,376.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 984,976 shares of the industrial products company’s stock worth $168,106,000 after buying an additional 945,195 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Avery Dennison by 1.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 956,886 shares of the industrial products company’s stock valued at $155,350,000 after acquiring an additional 17,769 shares in the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Insider Buying and Selling at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,742 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total transaction of $298,944.62. Following the transaction, the senior vice president owned 7,585 shares in the company, valued at approximately $1,301,661.85. This trade represents a 18.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Nicholas Colisto sold 3,886 shares of Avery Dennison 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. The trade was a 35.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.81% of the stock is currently owned by corporate insiders.

Avery Dennison Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, December 2nd will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. Avery Dennison’s payout ratio is 43.81%.

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.