Amcor PLC $AMCR Stock: Sumitomo Mitsui Trust Group Inc. Raises Position

Key Points

• Sumitomo Mitsui Trust Group increased its Amcor stake by 2% in the third quarter, adding 22,471 shares to bring its holdings to about 1.16 million shares, valued at roughly $48.7 million.
• Amcor reported quarterly revenue of $6.13 billion, above analyst estimates, but adjusted EPS of $0.95 fell short of estimates cited in the article, making results mixed.
• Analysts give Amcor a consensus “Moderate Buy” rating with an average price target of $49.36. The company’s quarterly dividend annualizes to $2.60 per share, a yield of about 5.4%.

Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Amcor PLC (NYSE:AMCR - Free Report) by 2.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,162,944 shares of the company's stock after purchasing an additional 22,471 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.25% of Amcor worth $48,681,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Silicon Valley Capital Partners increased its stake in shares of Amcor by 27.0% in the 2nd quarter. Silicon Valley Capital Partners now owns 237,654 shares of the company's stock worth $10,302,000 after acquiring an additional 50,510 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in Amcor by 219.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 64,241 shares of the company's stock valued at $2,785,000 after purchasing an additional 44,125 shares during the last quarter. Dupree Financial Group LLC grew its stake in shares of Amcor by 41.5% in the 3rd quarter. Dupree Financial Group LLC now owns 267,653 shares of the company's stock valued at $11,204,000 after buying an additional 78,544 shares during the period. Citizens National Bank Trust Department acquired a new position in Amcor in the first quarter valued at approximately $1,251,000. Finally, Envestnet Portfolio Solutions Inc. increased its stake in Amcor by 8.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 409,627 shares of the company's stock worth $18,061,000 after acquiring an additional 30,657 shares during the last quarter. 45.14% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Amcor

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: For the quarter ended September 30, 2026, Amcor reported revenue of $6.13 billion, above the roughly $5.90 billion consensus estimate. The revenue beat and the company’s description of results as solid may have supported the stock. Amcor Reports Solid Results for Quarter ended September 30, 2026
• Neutral Sentiment: Analysts remain cautiously optimistic about Amcor’s prospects, according to a recent overview of estimates and ratings. Amcor Stock: Analyst Estimates & Ratings
• Negative Sentiment: Adjusted earnings were $0.95 per share, below estimates cited by analysts—$1.04 in one report and $0.96 in another. The earnings shortfall is a counterpoint to the revenue beat and could weigh on sentiment. Amcor (AMCR) Q3 Earnings Miss Estimates

Wall Street Analysts Forecast Growth

A number of research firms have commented on AMCR. Jefferies Financial Group set a $44.92 target price on Amcor and gave the company a "hold" rating in a research report on Tuesday, July 21st. UBS Group initiated coverage on shares of Amcor in a research note on Tuesday, August 11th. They set a "buy" rating and a $56.00 target price for the company. Weiss Ratings upgraded shares of Amcor from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, October 29th. Bank of America increased their price objective on shares of Amcor from $48.00 to $51.00 and gave the stock a "buy" rating in a research report on Tuesday, July 14th. Finally, Truist Financial set a $51.00 target price on Amcor in a research report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $49.36.

Amcor Price Performance

Amcor stock opened at $48.58 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.25 and a debt-to-equity ratio of 1.17. Amcor PLC has a 52-week low of $36.25 and a 52-week high of $50.94. The firm has a market cap of $22.46 billion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 2.94 and a beta of 0.56. The company's 50 day moving average is $44.05 and its two-hundred day moving average is $43.13.

Amcor (NYSE:AMCR - Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($0.01). Amcor had a net margin of 4.71% and a return on equity of 15.92%. The company had revenue of $6.13 billion during the quarter, compared to analyst estimates of $5.75 billion. During the same quarter in the previous year, the business posted $0.11 earnings per share. On average, research analysts expect that Amcor PLC will post 1.83 EPS for the current fiscal year.

Amcor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Friday, September 4th were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Friday, September 4th. Amcor's dividend payout ratio is 110.17%.

Amcor Company Profile

Amcor plc NYSE: AMCR is a global packaging company that develops and produces packaging solutions for food, beverage, pharmaceutical, medical, personal care, household, and other consumer and industrial products. Its offerings include flexible packaging, rigid containers, closures, bottles, specialty cartons, and related packaging systems designed to protect products, support supply chains, and improve convenience and sustainability.

The company serves customers across North America, Latin America, Europe, Asia-Pacific, and other international markets.

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