Avery Dennison (NYSE:AVY – Get Free Report) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 10.000-10.300 for the period, compared to the consensus earnings per share estimate of 2.500. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
AVY has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of Avery Dennison from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday. Bank of America lifted their price target on shares of Avery Dennison from $202.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Citigroup raised their price target on Avery Dennison from $184.00 to $186.00 and gave the company a “neutral” rating in a report on Friday. Argus set a $175.00 price target on Avery Dennison in a report on Thursday, June 4th. Finally, Truist Financial reduced their price target on Avery Dennison from $221.00 to $209.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Avery Dennison has an average rating of “Moderate Buy” and a consensus target price of $201.22.
Get Our Latest Research Report on AVY
Avery Dennison Trading Down 2.6%
Avery Dennison (NYSE:AVY – Get Free Report) last issued its earnings results on Thursday, July 30th. The industrial products company reported $2.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The company had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.30 billion. During the same quarter last year, the business posted $2.42 EPS. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. On average, equities analysts forecast that Avery Dennison will post 10 earnings per share for the current year.
Avery Dennison Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, September 2nd. Avery Dennison’s dividend payout ratio is presently 45.10%.
Avery Dennison News Summary
Here are the key news stories impacting Avery Dennison this week:
- Positive Sentiment: Q2 results beat estimates: Avery Dennison reported adjusted earnings of $2.89 per share versus the $2.47 consensus estimate, while revenue reached $2.46 billion, above the $2.30 billion forecast. Revenue increased 10.9% year over year, supported by pricing, productivity gains and volume growth. Avery Dennison Q2 earnings report
- Positive Sentiment: Materials Group showed strong momentum: Materials Group sales rose 15.9% to approximately $1.80 billion, helping offset a 0.5% decline in Solutions Group sales. Net income increased 8% to $204.1 million, and the company returned $347 million to shareholders through dividends and repurchases during the first half. Avery Dennison Q2 sales and earnings
- Positive Sentiment: Analyst confidence improved: JPMorgan raised its price target from $185 to $190 and assigned an “overweight” rating, implying roughly 11.5% potential upside from the referenced price. The upgrade reinforces investor optimism following the earnings release. JPMorgan raises Avery Dennison price target
- Neutral Sentiment: Guidance supports the bull case but requires execution: Avery Dennison provided full-year 2026 reported EPS guidance of $9.40 to $9.70. The earnings call highlighted continued benefits from pricing and productivity, but investors will monitor whether those gains persist as demand conditions evolve. Avery Dennison earnings and guidance analysis
- Negative Sentiment: Destocking is a risk: The company flagged possible customer destocking in the second half, which could pressure volumes and temper the earnings momentum reflected in the latest quarter. Solutions Group’s year-over-year sales decline also signals uneven performance across the portfolio. Avery Dennison Q2 earnings analysis
- Negative Sentiment: Insider selling may weigh on sentiment: Reported insider activity showed 24 sales and no purchases over the past six months, including substantial selling by senior executives. While insider transactions do not necessarily reflect operating expectations, the imbalance may concern some investors.
Institutional Investors Weigh In On Avery Dennison
A number of institutional investors have recently modified their holdings of AVY. Empowered Funds LLC boosted its holdings in shares of Avery Dennison by 6.4% in the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock worth $2,409,000 after buying an additional 819 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of Avery Dennison by 7.6% in the 1st quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock valued at $697,000 after purchasing an additional 278 shares in the last quarter. Intech Investment Management LLC purchased a new position in Avery Dennison in the 1st quarter worth approximately $1,209,000. EverSource Wealth Advisors LLC increased its holdings in Avery Dennison by 164.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 389 shares of the industrial products company’s stock valued at $68,000 after purchasing an additional 242 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of Avery Dennison during the second quarter valued at about $241,000. 94.17% of the stock is owned by institutional investors.
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.
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