Robert W. Baird Lowers Avery Dennison (NYSE:AVY) Price Target to $210.00

2025-04-26T05:42:45Z

Avery Dennison (NYSE:AVY – Get Free Report) had its price target dropped by analysts at Robert W. Baird from $220.00 to $210.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the industrial products company’s stock. Robert W. Baird’s price target would suggest a potential upside of 23.18% from the stock’s previous close.

AVY has been the topic of several other research reports. Bank of America dropped their price objective on Avery Dennison from $238.00 to $220.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. JPMorgan Chase & Co. downgraded Avery Dennison from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $205.00 to $172.00 in a research report on Thursday. Raymond James lowered their target price on Avery Dennison from $208.00 to $194.00 and set an “outperform” rating for the company in a research note on Tuesday. Citigroup lowered their target price on Avery Dennison from $228.00 to $202.00 and set a “neutral” rating for the company in a report on Monday, January 6th. Finally, Barclays cut their price target on Avery Dennison from $225.00 to $210.00 and set an “overweight” rating on the stock in a research note on Thursday. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Avery Dennison currently has an average rating of “Moderate Buy” and a consensus target price of $209.80.

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Avery Dennison Trading Down 1.8 %

Shares of Avery Dennison stock opened at $170.48 on Thursday. The stock has a market cap of $13.39 billion, a P/E ratio of 19.55, a P/E/G ratio of 2.07 and a beta of 0.85. The company has a quick ratio of 0.73, a current ratio of 1.08 and a debt-to-equity ratio of 1.10. Avery Dennison has a 12-month low of $157.00 and a 12-month high of $233.48. The business’s 50 day moving average is $176.49 and its 200-day moving average is $189.80.

Avery Dennison (NYSE:AVY – Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The industrial products company reported $2.30 EPS for the quarter, missing analysts’ consensus estimates of $2.32 by ($0.02). The firm had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.15 billion. Avery Dennison had a net margin of 8.05% and a return on equity of 33.06%. Equities research analysts predict that Avery Dennison will post 9.96 earnings per share for the current fiscal year.

Insider Activity at Avery Dennison

In other Avery Dennison news, Chairman Mitchell R. Butier sold 8,068 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $186.19, for a total transaction of $1,502,180.92. Following the transaction, the chairman now owns 316,300 shares in the company, valued at approximately $58,891,897. This represents a 2.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.84% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Avery Dennison

A number of hedge funds have recently added to or reduced their stakes in the stock. Nordea Investment Management AB raised its position in Avery Dennison by 485.2% in the 4th quarter. Nordea Investment Management AB now owns 35,630 shares of the industrial products company’s stock valued at $6,715,000 after buying an additional 29,541 shares during the last quarter. Meyer Handelman Co. bought a new stake in Avery Dennison in the 4th quarter worth about $4,263,000. JPMorgan Chase & Co. increased its stake in Avery Dennison by 12.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 420,232 shares of the industrial products company’s stock valued at $92,771,000 after buying an additional 46,390 shares during the last quarter. Fifth Third Wealth Advisors LLC bought a new position in shares of Avery Dennison during the 4th quarter worth approximately $218,000. Finally, Merit Financial Group LLC purchased a new position in shares of Avery Dennison in the 4th quarter worth approximately $203,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

About Avery Dennison

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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.