Mitsubishi UFJ Trust & Banking Corp Acquires 24,953 Shares of Avery Dennison Corporation $AVY

Key Points

• Mitsubishi UFJ Trust & Banking Corp boosted its stake in Avery Dennison by 59.1%, acquiring 24,953 shares to hold 67,193 shares worth about $12.22 million (≈0.09% of the company).
• Avery Dennison beat Q1 estimates with $2.47 EPS (vs. $2.41) and $2.30B revenue, raised its quarterly dividend to $1.00 (annualized $4.00, ~2.5% yield), and set Q2 2026 guidance of $2.43–$2.53 EPS.
• Analysts maintain a consensus of Moderate Buy with an average price target of $204.11, institutional ownership is very high (~94.2%), and insiders have sold about 34,156 shares over the past 90 days.

Mitsubishi UFJ Trust & Banking Corp boosted its holdings in shares of Avery Dennison Corporation (NYSE:AVY - Free Report) by 59.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,193 shares of the industrial products company's stock after acquiring an additional 24,953 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.09% of Avery Dennison worth $12,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. bought a new position in Avery Dennison during the 3rd quarter worth about $29,000. Bartlett & CO. Wealth Management LLC grew its holdings in Avery Dennison by 16,900.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company's stock worth $31,000 after acquiring an additional 169 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in Avery Dennison during the 3rd quarter worth about $36,000. CYBER HORNET ETFs LLC bought a new position in Avery Dennison during the 2nd quarter worth about $37,000. Finally, True Wealth Design LLC grew its holdings in Avery Dennison by 285.7% during the 4th quarter. True Wealth Design LLC now owns 216 shares of the industrial products company's stock worth $39,000 after acquiring an additional 160 shares in the last quarter. 94.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Citigroup dropped their target price on shares of Avery Dennison from $190.00 to $185.00 and set a "neutral" rating on the stock in a report on Thursday. Raymond James Financial set a $192.00 target price on shares of Avery Dennison in a report on Tuesday, April 21st. UBS Group dropped their target price on shares of Avery Dennison from $226.00 to $222.00 and set a "buy" rating on the stock in a report on Friday, April 10th. BMO Capital Markets increased their price target on shares of Avery Dennison from $215.00 to $224.00 and gave the company an "outperform" rating in a research report on Friday, February 6th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Avery Dennison in a research report on Friday, March 27th. Eight equities 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, the company currently has a consensus rating of "Moderate Buy" and an average price target of $204.11.

Avery Dennison Stock Performance

AVY stock opened at $163.20 on Friday. The firm has a market cap of $12.55 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.83 and a beta of 1.00. The firm has a 50-day simple moving average of $174.26 and a two-hundred day simple moving average of $177.92. Avery Dennison Corporation has a one year low of $156.23 and a one year high of $199.54. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.76 and a current ratio of 1.15.

Avery Dennison (NYSE:AVY - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.41 by $0.06. The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.26 billion. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The company's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.30 earnings per share. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. On average, equities analysts forecast that Avery Dennison Corporation will post 10.06 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be given a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, June 3rd. This is an increase from Avery Dennison's previous quarterly dividend of $0.94. Avery Dennison's payout ratio is 45.10%.

Insider Activity at Avery Dennison

In related news, Director Mitchell R. Butier sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total value of $3,477,600.00. Following the completion of the transaction, the director directly owned 211,147 shares of the company's stock, valued at $36,714,240.36. This trade represents a 8.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Ignacio J. Walker sold 1,156 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the completion of the transaction, the senior vice president directly owned 7,588 shares of the company's stock, valued at $1,464,104.60. The trade was a 13.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,156 shares of company stock valued at $5,930,150 over the last ninety days. 0.81% of the stock is currently owned by insiders.

Avery Dennison Company Profile

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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