Avery Dennison Corporation (AVY)

Avery Dennison's stock has been impacted by its quarterly earnings reports and broader market conditions. In Q3 2025, revenue was $2.22 billion, in line with estimates, and adjusted EBITDA was $365.1 million, beating estimates. For Q4 2025, adjusted EPS of $2.45 exceeded forecasts, while revenue narrowly missed expectations. Full-year 2025 adjusted EPS was $9.53, up 1% from the prior year, with net sales of $8.9 billion. In 2025, Avery Dennison returned approximately $860-$861 million to shareholders. Management guided for Q1 2026 adjusted EPS growth of approximately 6% and reported sales growth of 5%-7%. Over the past 52 weeks, AVY stock has traded between $156.23 and $196.41, and as of February 6, 2026, the stock price was around $191.51.

Avery Dennison's demand exhibits some seasonality, particularly in its Materials Group, with a sequential drop in margins from the third to the fourth quarter due to holiday impacts. While the business is generally not considered cyclical, recent years have seen some volatility due to commodity pass-through and destocking activities. However, high-value categories, such as intelligent labels, have shown consistent growth, offsetting declines in apparel-related volumes. A major rollout with Walmart for fresh grocery is anticipated to gain momentum in the latter half of 2026, which could influence future demand patterns.

Avery Dennison Corp. is a global materials science and digital identification solutions company founded in 1935 and headquartered in Ohio. It operates in the Consumer Cyclical sector, specifically in Packaging & Containers, and is also categorized under Process Industries and Pulp & Paper. The company's business is segmented into Materials and Solutions, with the Materials Group focusing on pressure-sensitive label materials and performance tapes, and the Solutions Group specializing in finished labels and branding/information solutions, including RFID inlays and tags. Avery Dennison serves a wide array of industries globally, including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive.

Avery Dennison has a substantial global presence, operating in more than 50 countries across six continents, with approximately 100 operations and 36,000 employees worldwide. Its operational areas span the United States, Europe, the Middle East, North Africa, Asia, and Latin America.

Avery Dennison maintains a reputation as a global leader in materials science and digital identification solutions, with a strong focus on innovation and sustainability. The company is committed to providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. In 2025, Avery Dennison achieved its 2025 sustainability goals. The company is also actively investing in digital capabilities, automation, and AI to enhance operational productivity, strengthen service and quality, and shorten innovation cycles.

Institutional investors hold a dominant stake in Avery Dennison Corp., typically above 90% of the company's shares. Major institutional owners include Vanguard Group Inc. (13.43%), BlackRock, Inc. (8.22%), Wellington Management Group Llp (7.52%), State Street Corp (4.70%-4.74%), T. Rowe Price Investment Management, Inc. (5.87%), Morgan Stanley, Geode Capital Management, Llc (2.74%), Eaton Vance Management (3.63%), Columbia Management Investment Advisers, LLC (2.38%), Neuberger Berman Investment Advisers LLC (2.12%), and Fiduciary Management, Inc. (1.95%).