Amcor PLC $AMCR Shares Purchased by Gradient Investments LLC

Key Points

• Gradient Investments LLC increased its stake in Amcor by 56.9%, buying 71,386 shares to own 196,775 shares valued at $1.641 million, while institutional investors hold about 45.14% of the company.
• Amcor beat quarterly EPS estimates ($0.86 vs. $0.83) and set FY2026 guidance of 4.00–4.15 EPS; it also paid a $0.65 quarterly dividend (a 6.6% yield) but shows a very high payout ratio of 169.93%.
• Analysts are mixed but the consensus is a Moderate Buy with an average target price of $52.25 after recent upgrades (e.g., Truist to buy, $60 target) and downgrades from firms like Wells Fargo and Morgan Stanley.

Gradient Investments LLC boosted its position in shares of Amcor PLC (NYSE:AMCR - Free Report) by 56.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,775 shares of the company's stock after purchasing an additional 71,386 shares during the period. Gradient Investments LLC's holdings in Amcor were worth $1,641,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in AMCR. Quent Capital LLC purchased a new stake in shares of Amcor during the 3rd quarter valued at approximately $27,000. DecisionPoint Financial LLC purchased a new position in Amcor in the second quarter worth approximately $34,000. CYBER HORNET ETFs LLC purchased a new position in Amcor in the second quarter worth approximately $36,000. Huntington National Bank increased its stake in Amcor by 81.8% during the third quarter. Huntington National Bank now owns 4,490 shares of the company's stock worth $37,000 after acquiring an additional 2,020 shares during the last quarter. Finally, Sentry Investment Management LLC raised its position in Amcor by 510.8% in the third quarter. Sentry Investment Management LLC now owns 4,911 shares of the company's stock valued at $39,000 after purchasing an additional 4,107 shares during the period. Hedge funds and other institutional investors own 45.14% of the company's stock.

Analyst Ratings Changes

AMCR has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Amcor in a research note on Wednesday, January 21st. Robert W. Baird set a $54.00 price objective on Amcor in a research report on Wednesday, February 4th. Truist Financial boosted their price objective on shares of Amcor from $55.00 to $60.00 and gave the company a "buy" rating in a report on Tuesday, January 6th. Wells Fargo & Company cut shares of Amcor from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $48.00 to $43.00 in a research report on Friday. Finally, Morgan Stanley cut shares of Amcor from an "overweight" rating to an "equal weight" rating and set a $46.00 price target for the company. in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $52.25.

Amcor Trading Up 2.9%

AMCR opened at $39.38 on Tuesday. Amcor PLC has a 52 week low of $38.02 and a 52 week high of $50.94. The business has a fifty day simple moving average of $45.10 and a 200-day simple moving average of $42.67. The firm has a market cap of $18.20 billion, a P/E ratio of 25.74, a P/E/G ratio of 0.89 and a beta of 0.65. The company has a quick ratio of 0.77, a current ratio of 1.30 and a debt-to-equity ratio of 1.26.

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

Amcor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Wednesday, February 25th were given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend was Wednesday, February 25th. Amcor's payout ratio is currently 169.93%.

Amcor Profile

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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