Avery Dennison (NYSE:AVY) Downgraded by Wall Street Zen to Hold

Wall Street Zen cut shares of Avery Dennison (NYSE:AVY) from a buy rating to a hold rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. increased their price target on Avery Dennison from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday. Weiss Ratings upgraded shares of Avery Dennison from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Bank of America restated a “buy” rating on shares of Avery Dennison in a research note on Friday, August 14th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $181.00 price objective on shares of Avery Dennison in a report on Monday, September 28th. Finally, Citigroup increased their target price on shares of Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $200.10.

Avery Dennison Stock Performance

AVY opened at $182.19 on Friday. The business’s 50 day moving average is $174.24 and its 200-day moving average is $172.28. The stock has a market cap of $13.81 billion, a PE ratio of 19.72, a price-to-earnings-growth ratio of 2.19 and a beta of 0.79. The company has a current ratio of 1.16, a quick ratio of 0.79 and a debt-to-equity ratio of 1.33. Avery Dennison has a twelve month low of $152.42 and a twelve month high of $199.54.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Thursday, October 29th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.10. Avery Dennison had a return on equity of 33.88% and a net margin of 7.56%. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the previous year, the firm posted $2.37 earnings per share. The business’s revenue was up 5.2% on a year-over-year basis. On average, analysts predict that Avery Dennison will post 10.17 earnings per share for the current year.

Avery Dennison Announces Dividend

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

Insider Buying and Selling

In other Avery Dennison news, SVP Ignacio Walker sold 1,742 shares of the 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 completion of the transaction, the senior vice president directly owned 7,585 shares of the company’s stock, valued at approximately $1,301,661.85. This trade represents a 18.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Nicholas Colisto sold 3,886 shares of the stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $170.68, for a total value of $663,262.48. Following the transaction, the senior vice president directly owned 7,126 shares of the company’s stock, valued at approximately $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. Corporate insiders own 0.81% of the company’s stock.

Institutional Trading of Avery Dennison

Several institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Avery Dennison in the second quarter worth about $1,052,464,000. Wellington Management Group LLP increased its position in shares of 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 acquiring an additional 482,054 shares in the last quarter. Ninety One UK Ltd acquired a new stake in shares of Avery Dennison during the third quarter valued at approximately $341,344,000. Robeco Institutional Asset Management B.V. raised its holdings in shares of 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 valued at $168,106,000 after acquiring an additional 945,195 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Avery Dennison by 1.9% during the second 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 during the period. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison News Roundup

Here are the key news stories impacting Avery Dennison this week:

• Positive Sentiment: Q3 earnings and revenue beat estimates. Avery Dennison reported earnings of $2.42 per share versus the $2.32 consensus estimate, while revenue rose 5.2% year over year to $2.33 billion, ahead of the roughly $2.26 billion forecast. Productivity improvements and pricing supported the result. Avery Dennison Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Materials demand remained strong. Materials Group sales increased 8.5% to $1.64 billion, helping offset a 1.8% decline in Solutions Group sales. Management also indicated that customer destocking is easing, which could improve demand visibility. Avery Dennison Posts Third-Quarter Sales and EPS
• Positive Sentiment: Analyst price target increased. Raymond James raised its target for AVY to $198 from $192, signaling continued confidence in the company’s earnings resilience and operating improvements. Raymond James Raises Avery Dennison Price Target
• Neutral Sentiment: Full-year guidance was maintained. Avery Dennison reaffirmed reported 2026 EPS guidance of $9.45 to $9.59 rather than issuing an upside revision. The stable outlook provides support, but may limit additional upside from the earnings announcement. Avery Dennison Provides 2026 Earnings Guidance
• Negative Sentiment: Profitability and demand risks remain. Management continues to face margin pressure and uneven customer demand, particularly in Solutions, while ongoing destocking could weigh on near-term volumes. Recent insider selling may also modestly temper sentiment, although it is not necessarily tied to operating performance. Avery Dennison Earnings Beat Estimates on Productivity

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.