Amcor PLC $AMCR Shares Purchased by Allspring Global Investments Holdings LLC

Key Points

• Allspring Global Investments raised its stake in Amcor by 25.2% in Q4, buying 24,212 shares to hold 120,269 shares worth about $1.01 million, and institutional investors now own roughly 45.14% of the stock.
• Amcor reported Q results of $0.86 EPS (beating estimates) with revenue up 68.1% year‑over‑year and set FY 2026 guidance of 4.00–4.15 EPS, while analysts maintain a consensus rating of "Moderate Buy" and an average target of $52.00.
• The company pays a quarterly dividend of $0.65 (annualized $2.60) for a 6.2% yield

Allspring Global Investments Holdings LLC raised its holdings in shares of Amcor PLC (NYSE:AMCR - Free Report) by 25.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,269 shares of the company's stock after buying an additional 24,212 shares during the period. Allspring Global Investments Holdings LLC's holdings in Amcor were worth $1,011,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMCR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Amcor by 8.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 268,381 shares of the company's stock valued at $2,596,000 after buying an additional 20,757 shares in the last quarter. Focus Partners Wealth lifted its position in Amcor by 11.3% during the first quarter. Focus Partners Wealth now owns 43,137 shares of the company's stock valued at $418,000 after buying an additional 4,396 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Amcor during the second quarter valued at approximately $138,000. Northwestern Mutual Wealth Management Co. lifted its position in Amcor by 53.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 28,609 shares of the company's stock valued at $263,000 after buying an additional 9,934 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Amcor during the second quarter valued at approximately $6,426,000. 45.14% of the stock is owned by institutional investors and hedge funds.

Amcor Stock Down 1.4%

Shares of NYSE:AMCR opened at $41.78 on Friday. The company has a current ratio of 1.30, a quick ratio of 0.77 and a debt-to-equity ratio of 1.26. The company has a fifty day simple moving average of $44.24 and a 200 day simple moving average of $42.52. The firm has a market cap of $19.30 billion, a PE ratio of 27.31, a price-to-earnings-growth ratio of 0.99 and a beta of 0.71. Amcor PLC has a 12-month low of $37.94 and a 12-month high of $50.94.

Amcor (NYSE:AMCR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.03. The business had revenue of $3.24 billion during the quarter, compared to analyst estimates of $5.53 billion. Amcor had a net margin of 3.04% and a return on equity of 15.57%. The business's revenue was up 68.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.80 earnings per share. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS. On average, equities research analysts anticipate that Amcor PLC will post 0.74 EPS for the current fiscal year.

Amcor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Wednesday, February 25th were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date was Wednesday, February 25th. Amcor's payout ratio is 169.93%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on AMCR shares. Citigroup reaffirmed a "buy" rating on shares of Amcor in a research report on Thursday, February 12th. Truist Financial boosted their target price on shares of Amcor from $55.00 to $60.00 and gave the stock a "buy" rating in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Amcor in a research report on Wednesday, April 1st. They set a "buy" rating and a $50.00 target price on the stock. Morgan Stanley cut shares of Amcor from an "overweight" rating to an "equal weight" rating and set a $46.00 target price on the stock. in a research report on Wednesday, January 28th. Finally, Wells Fargo & Company cut shares of Amcor from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $48.00 to $43.00 in a research report on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $52.00.

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.

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