Avery Dennison Co. (NYSE:AVY – Free Report) – Zacks Research lowered their Q4 2025 earnings estimates for Avery Dennison in a report issued on Thursday, February 13th. Zacks Research analyst M. Das now forecasts that the industrial products company will earn $2.62 per share for the quarter, down from their previous estimate of $2.73. The consensus estimate for Avery Dennison’s current full-year earnings is $9.96 per share.
Other equities research analysts also recently issued research reports about the company. UBS Group cut their price target on Avery Dennison from $235.00 to $207.00 and set a “neutral” rating on the stock in a report on Friday, January 10th. JPMorgan Chase & Co. upgraded shares of Avery Dennison from a “neutral” rating to an “overweight” rating and cut their target price for the stock from $210.00 to $205.00 in a research note on Friday, January 31st. StockNews.com downgraded shares of Avery Dennison from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Bank of America dropped their price objective on shares of Avery Dennison from $238.00 to $220.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. Finally, Barclays reduced their price objective on shares of Avery Dennison from $245.00 to $225.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Avery Dennison currently has an average rating of “Moderate Buy” and a consensus price target of $227.15.
Avery Dennison Stock Down 0.6 %
Shares of NYSE AVY opened at $181.76 on Monday. The stock has a market cap of $14.60 billion, a P/E ratio of 20.84, a PEG ratio of 2.04 and a beta of 0.89. The business’s fifty day simple moving average is $188.58 and its 200-day simple moving average is $203.39. Avery Dennison has a 12-month low of $178.72 and a 12-month high of $233.48. 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 (NYSE:AVY – Get Free Report) last released its earnings results on Thursday, January 30th. The industrial products company reported $2.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.39 by ($0.01). Avery Dennison had a return on equity of 33.06% and a net margin of 8.05%.
Avery Dennison Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date is Wednesday, March 5th. Avery Dennison’s dividend payout ratio (DPR) is currently 40.37%.
Insider Activity
In other Avery Dennison news, SVP Nicholas Colisto sold 3,679 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $206.00, for a total transaction of $757,874.00. Following the transaction, the senior vice president now directly owns 7,126 shares of the company’s stock, valued at approximately $1,467,956. This trade represents a 34.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.10% of the company’s stock.
Hedge Funds Weigh In On Avery Dennison
Several institutional investors have recently added to or reduced their stakes in AVY. Vontobel Holding Ltd. increased its holdings in shares of Avery Dennison by 6.4% in the third quarter. Vontobel Holding Ltd. now owns 1,284 shares of the industrial products company’s stock valued at $283,000 after purchasing an additional 77 shares during the period. Aaron Wealth Advisors LLC purchased a new position in Avery Dennison in the 3rd quarter valued at $227,000. Allspring Global Investments Holdings LLC increased its stake in Avery Dennison by 19.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 4,639 shares of the industrial products company’s stock valued at $1,024,000 after buying an additional 764 shares during the period. Raleigh Capital Management Inc. raised its position in Avery Dennison by 1,400.0% during the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the industrial products company’s stock worth $56,000 after buying an additional 238 shares during the last quarter. Finally, Eastern Bank acquired a new stake in shares of Avery Dennison in the 3rd quarter worth $86,000. Institutional investors and hedge funds own 94.17% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Avery Dennison
- 10 Best Airline Stocks to Buy
- Symbotic Shares Down 37%—Is It Time for Bravery or Caution?
- Top Biotech Stocks: Exploring Innovation Opportunities
- High-Yield Healthcare: 3 Stocks With Strong Dividends
- What is a Bond Market Holiday? How to Invest and Trade
- Beyond the Bargain Bin: 3 Stocks Leading Discount Retail
Receive News & Ratings for Avery Dennison Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avery Dennison and related companies with MarketBeat.com's FREE daily email newsletter.