Beverly Hills Private Wealth LLC Buys 20,569 Shares of Smurfit Westrock Ltd (NYSE:SW)

Beverly Hills Private Wealth LLC lifted its stake in shares of Smurfit Westrock Ltd (NYSE:SW - Free Report) by 37.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 76,152 shares of the company's stock after purchasing an additional 20,569 shares during the period. Smurfit Westrock accounts for 0.8% of Beverly Hills Private Wealth LLC's investment portfolio, making the stock its 28th biggest holding. Beverly Hills Private Wealth LLC's holdings in Smurfit Westrock were worth $4,102,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Retirement Wealth Solutions LLC bought a new stake in shares of Smurfit Westrock in the fourth quarter valued at approximately $25,000. Versant Capital Management Inc purchased a new position in Smurfit Westrock in the 4th quarter valued at approximately $27,000. MassMutual Private Wealth & Trust FSB raised its holdings in Smurfit Westrock by 117.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 516 shares of the company's stock valued at $28,000 after acquiring an additional 279 shares during the period. Deseret Mutual Benefit Administrators purchased a new stake in shares of Smurfit Westrock during the fourth quarter worth $30,000. Finally, Spire Wealth Management bought a new position in shares of Smurfit Westrock in the fourth quarter worth $36,000. Institutional investors own 83.38% of the company's stock.

Smurfit Westrock Stock Up 2.0 %

SW opened at $41.28 on Friday. The business's fifty day simple moving average is $43.87 and its 200 day simple moving average is $49.66. Smurfit Westrock Ltd has a 52 week low of $37.01 and a 52 week high of $56.99. The company has a quick ratio of 0.89, a current ratio of 1.37 and a debt-to-equity ratio of 0.72. The stock has a market cap of $21.55 billion, a PE ratio of 75.06 and a beta of 1.00.

Smurfit Westrock (NYSE:SW - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.08. The company had revenue of $7.66 billion for the quarter, compared to analysts' expectations of $7.41 billion. Smurfit Westrock had a return on equity of 6.16% and a net margin of 0.63%. Smurfit Westrock's quarterly revenue was up 161.3% on a year-over-year basis. As a group, research analysts expect that Smurfit Westrock Ltd will post 3.25 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SW has been the topic of a number of recent research reports. Citigroup increased their price objective on Smurfit Westrock from $61.00 to $62.00 and gave the stock a "buy" rating in a report on Monday, January 6th. Wells Fargo & Company cut their price objective on shares of Smurfit Westrock from $53.00 to $43.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Truist Financial decreased their target price on shares of Smurfit Westrock from $62.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Royal Bank of Canada cut their price target on shares of Smurfit Westrock from $57.00 to $56.00 and set an "outperform" rating for the company in a report on Friday. Finally, Morgan Stanley decreased their price target on shares of Smurfit Westrock from $66.00 to $64.00 and set an "overweight" rating on the stock in a report on Tuesday, March 11th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, Smurfit Westrock has a consensus rating of "Moderate Buy" and a consensus price target of $58.60.

Insider Transactions at Smurfit Westrock

In other news, insider Ken Bowles sold 24,225 shares of the firm's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $55.06, for a total transaction of $1,333,828.50. Following the transaction, the insider now directly owns 111,458 shares of the company's stock, valued at approximately $6,136,877.48. This trade represents a 17.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Alvaro Henao sold 4,000 shares of the business's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $53.90, for a total value of $215,600.00. Following the completion of the sale, the insider now directly owns 44,361 shares of the company's stock, valued at approximately $2,391,057.90. This trade represents a 8.27 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.49% of the company's stock.

About Smurfit Westrock

Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland and internationally. The company produces containerboard that it converts into corrugated containers or sells to third parties, as well as produces other types of paper, such as consumer packaging board, sack paper, graphic paper, solid board and graphic board, and other paper-based packaging products, such as consumer packaging, solid board packaging, paper sacks, and other packaging products, including bag-in-box.

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