Amcor PLC $AMCR Shares Sold by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group trimmed its Amcor stake by 0.6% in Q4, selling 37,226 shares and now holds 6,716,264 shares (about 1.46% of the company) valued at roughly $56.0 million.
• Amcor beat Q4 EPS expectations ($0.86 vs. $0.83) with revenue up 68.1% year-over-year and set FY2026 guidance of 4.00–4.15 EPS.
• The company pays a quarterly dividend of $0.65 (annualized $2.60, yield ~6.4%) despite a high payout ratio (~169.9%), and Wall Street consensus is a "Moderate Buy" with an average price target of $50.89.

Sumitomo Mitsui Trust Group Inc. lessened its holdings in Amcor PLC (NYSE:AMCR - Free Report) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,716,264 shares of the company's stock after selling 37,226 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 1.46% of Amcor worth $56,014,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Brown Lisle Cummings Inc. increased its holdings in Amcor by 137.9% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,450 shares of the company's stock worth $29,000 after buying an additional 2,000 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in Amcor by 1.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 575,346 shares of the company's stock worth $4,798,000 after buying an additional 10,190 shares during the period. Cantor Fitzgerald Investment Advisors L.P. increased its holdings in Amcor by 62.1% in the 4th quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 1,217,275 shares of the company's stock worth $10,152,000 after buying an additional 466,173 shares during the period. Apollon Wealth Management LLC increased its holdings in Amcor by 35.8% in the 4th quarter. Apollon Wealth Management LLC now owns 23,465 shares of the company's stock worth $196,000 after buying an additional 6,180 shares during the period. Finally, V Square Quantitative Management LLC increased its holdings in Amcor by 25.0% in the 4th quarter. V Square Quantitative Management LLC now owns 31,300 shares of the company's stock worth $261,000 after buying an additional 6,254 shares during the period. Institutional investors and hedge funds own 45.14% of the company's stock.

Amcor Trading Down 0.9%

Shares of AMCR stock opened at $40.63 on Thursday. The stock's fifty day moving average is $43.89 and its two-hundred day moving average is $42.56. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.77 and a current ratio of 1.30. The firm has a market capitalization of $18.77 billion, a P/E ratio of 26.56, a PEG ratio of 0.96 and a beta of 0.71. Amcor PLC has a fifty-two week low of $37.94 and a fifty-two week high of $50.94.

Amcor (NYSE:AMCR - Get Free Report) last announced 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. The company had revenue of $3.24 billion for the quarter, compared to analyst estimates of $5.53 billion. Amcor had a return on equity of 15.57% and a net margin of 3.04%.The firm's revenue for the quarter was up 68.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.80 EPS. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS. Research analysts expect that Amcor PLC will post 0.74 earnings per share for the current fiscal year.

Amcor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Wednesday, February 25th were issued a $0.65 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $2.60 dividend on an annualized basis and a yield of 6.4%. Amcor's dividend payout ratio (DPR) is presently 169.93%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on AMCR. Wells Fargo & Company downgraded shares of Amcor from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $48.00 to $43.00 in a report on Friday, March 20th. Robert W. Baird set a $54.00 price target on shares of Amcor in a report on Wednesday, February 4th. Citigroup reiterated a "buy" rating on shares of Amcor in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Amcor in a report on Wednesday, April 1st. They issued a "buy" rating and a $50.00 price target on the stock. Finally, Morgan Stanley cut shares of Amcor from an "overweight" rating to an "equal weight" rating and set a $46.00 price objective on the stock. in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $50.89.

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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