SVB Wealth LLC Boosts Stock Holdings in Amcor PLC $AMCR

SVB Wealth LLC raised its holdings in shares of Amcor PLC (NYSE:AMCR) by 28.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 468,199 shares of the company’s stock after buying an additional 104,321 shares during the period. SVB Wealth LLC’s holdings in Amcor were worth $3,905,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. N.E.W. Advisory Services LLC boosted its position in Amcor by 10.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 4,070 shares of the company’s stock valued at $34,000 after buying an additional 373 shares during the period. United Asset Strategies Inc. boosted its position in Amcor by 1.6% during the fourth quarter. United Asset Strategies Inc. now owns 38,453 shares of the company’s stock valued at $321,000 after buying an additional 597 shares during the period. Shayne & Jacobs LLC boosted its position in Amcor by 0.6% during the fourth quarter. Shayne & Jacobs LLC now owns 129,101 shares of the company’s stock valued at $1,077,000 after buying an additional 755 shares during the period. Stratos Wealth Partners LTD. boosted its stake in shares of Amcor by 3.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 26,857 shares of the company’s stock valued at $224,000 after purchasing an additional 832 shares during the period. Finally, Horizon Investments LLC boosted its stake in shares of Amcor by 3.7% during the fourth quarter. Horizon Investments LLC now owns 25,768 shares of the company’s stock valued at $215,000 after purchasing an additional 921 shares during the period. 45.14% of the stock is currently owned by hedge funds and other institutional investors.

Amcor Stock Performance

Shares of AMCR stock opened at $39.96 on Monday. The stock has a fifty day moving average of $41.14 and a 200 day moving average of $42.50. Amcor PLC has a 52 week low of $36.67 and a 52 week high of $50.94. The firm has a market capitalization of $18.47 billion, a price-to-earnings ratio of 27.94, a PEG ratio of 1.21 and a beta of 0.63. The company has a quick ratio of 0.95, a current ratio of 1.44 and a debt-to-equity ratio of 1.30.

Amcor (NYSE:AMCR) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.96 EPS for the quarter, hitting the consensus estimate of $0.96. Amcor had a net margin of 3.06% and a return on equity of 14.55%. The business had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.71 billion. During the same period last year, the business posted $0.90 earnings per share. Amcor’s quarterly revenue was up 77.4% compared to the same quarter last year. Amcor has set its FY 2026 guidance at 3.980-4.030 EPS. As a group, research analysts expect that Amcor PLC will post 3.97 earnings per share for the current year.

Amcor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Thursday, May 28th will be issued a $0.65 dividend. The ex-dividend date is Thursday, May 28th. This represents a $2.60 annualized dividend and a yield of 6.5%. Amcor’s dividend payout ratio (DPR) is 181.82%.

Amcor News Roundup

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: Amcor said revenue topped expectations and raised its full-year guidance, which helped spark buying interest and suggests operating trends are improving. Amcor (AMCR) rises after revenue beat and higher full-year guidance
• Positive Sentiment: Several Wall Street firms remained constructive after the report: Citigroup kept a buy rating, JPMorgan held an overweight view, and Truist reaffirmed a buy rating with a slightly higher target, reinforcing a favorable analyst backdrop. Analyst rating updates
• Positive Sentiment: Amcor also announced a quarterly dividend of $0.65 per share, supporting the stock’s appeal for income-focused investors with a roughly 6.5% annualized yield.
• Neutral Sentiment: An earnings-call summary noted strong synergy progress but some cash flow strain, indicating execution remains important even after the upbeat quarter. Amcor Earnings Call: Synergies Strong, Cash Flow Strained
• Neutral Sentiment: One Seeking Alpha piece argued Amcor looks inexpensive on a forward P/E basis and highlighted the dividend as a reason to wait, which supports valuation but does not point to a major near-term catalyst. Amcor: Mispriced At Multi-Year Low Forward P/E With A Dividend That Pays To Wait
• Negative Sentiment: Despite the positive tone, Citigroup and JPMorgan both lowered price targets, suggesting analysts see a bit less upside than before even while maintaining bullish ratings. Price target reductions

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AMCR. JPMorgan Chase & Co. dropped their price objective on Amcor from $50.00 to $44.00 and set an “overweight” rating for the company in a research note on Thursday. Wells Fargo & Company lowered shares of Amcor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $48.00 to $43.00 in a report on Friday, March 20th. Deutsche Bank Aktiengesellschaft began coverage on shares of Amcor in a report on Wednesday, April 1st. They set a “buy” rating and a $50.00 target price for the company. Robert W. Baird set a $54.00 target price on shares of Amcor in a report on Wednesday, February 4th. Finally, Morgan Stanley lowered shares of Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 target price for the company. in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $49.56.

About Amcor

Amcor (NYSE: AMCR) is a global packaging company specializing in the design, development and production of flexible and rigid packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other consumer and industrial products. The company’s product portfolio encompasses flexible films, pouches, specialty cartons, rigid containers, metal closures and dispensing systems. Amcor’s packaging solutions are engineered to preserve product quality, extend shelf life and meet the specific requirements of a wide range of end markets.

Founded in its current form in 2005 following a spin-off from a mining conglomerate, Amcor expanded its capabilities and geographic footprint through organic investments and strategic acquisitions.