Avery Dennison (NYSE:AVY) Price Target Raised to $234.00

by · The Cerbat Gem

Avery Dennison (NYSE:AVY – Free Report) had its price objective raised by Truist Financial from $213.00 to $234.00 in a research report sent to investors on Tuesday, MarketBeat Ratings reports. They currently have a buy rating on the industrial products company’s stock.

Other research analysts have also issued reports about the stock. Argus set a $200.00 price objective on shares of Avery Dennison in a research note on Tuesday, October 28th. JPMorgan Chase & Co. upgraded shares of Avery Dennison from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $182.00 to $195.00 in a report on Thursday, October 23rd. BMO Capital Markets reiterated an “outperform” rating and set a $210.00 price target on shares of Avery Dennison in a research note on Thursday, October 23rd. UBS Group raised Avery Dennison from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $181.00 to $218.00 in a report on Thursday, October 23rd. Finally, Citigroup increased their price objective on Avery Dennison from $180.00 to $188.00 and gave the stock a “neutral” rating in a research note on Tuesday. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Avery Dennison currently has a consensus rating of “Moderate Buy” and a consensus target price of $204.36.

Check Out Our Latest Stock Analysis on AVY

Avery Dennison Price Performance

AVY stock opened at $186.03 on Tuesday. The company’s 50-day moving average is $176.88 and its 200-day moving average is $173.33. Avery Dennison has a 1 year low of $156.23 and a 1 year high of $196.40. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.26 and a quick ratio of 0.89. The stock has a market capitalization of $14.38 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 3.04 and a beta of 1.00.

Avery Dennison (NYSE:AVY – Get Free Report) last announced its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.05. Avery Dennison had a return on equity of 33.67% and a net margin of 7.93%.The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.22 billion. During the same quarter last year, the firm posted $2.33 earnings per share. The company’s revenue for the quarter 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. Equities research analysts expect that Avery Dennison will post 9.96 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were issued a $0.94 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $3.76 annualized dividend and a dividend yield of 2.0%. Avery Dennison’s dividend payout ratio is currently 42.78%.

Institutional Trading of Avery Dennison

A number of hedge funds have recently bought and sold shares of the business. Bayforest Capital Ltd purchased a new position in Avery Dennison in the first quarter valued at about $27,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Avery Dennison in the 3rd quarter worth approximately $29,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Avery Dennison by 193.1% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 170 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 112 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its holdings in Avery Dennison by 89.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 80 shares during the period. Finally, NewSquare Capital LLC increased its position in Avery Dennison by 156.2% in the second quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock worth $33,000 after buying an additional 114 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors.

Avery Dennison Company Profile

(Get Free Report)

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.

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