Gilman Hill Asset Management LLC Purchases 184,305 Shares of Ardagh Metal Packaging S.A. (NYSE:AMBP)

Gilman Hill Asset Management LLC raised its holdings in shares of Ardagh Metal Packaging S.A. (NYSE:AMBP - Free Report) by 10.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,967,087 shares of the company's stock after buying an additional 184,305 shares during the period. Gilman Hill Asset Management LLC owned about 0.33% of Ardagh Metal Packaging worth $5,941,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AMBP. SG Americas Securities LLC raised its stake in Ardagh Metal Packaging by 44.5% during the 4th quarter. SG Americas Securities LLC now owns 73,250 shares of the company's stock worth $220,000 after acquiring an additional 22,574 shares during the period. Principle Wealth Partners LLC lifted its stake in shares of Ardagh Metal Packaging by 13.3% during the 4th quarter. Principle Wealth Partners LLC now owns 56,987 shares of the company's stock valued at $172,000 after buying an additional 6,672 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Ardagh Metal Packaging by 36,067.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 134,183 shares of the company's stock valued at $399,000 after buying an additional 133,812 shares in the last quarter. Rhumbline Advisers boosted its holdings in Ardagh Metal Packaging by 6.6% in the 4th quarter. Rhumbline Advisers now owns 161,504 shares of the company's stock worth $486,000 after buying an additional 10,023 shares during the period. Finally, Ieq Capital LLC increased its stake in Ardagh Metal Packaging by 15.7% in the 4th quarter. Ieq Capital LLC now owns 39,028 shares of the company's stock worth $117,000 after buying an additional 5,289 shares in the last quarter. 16.93% of the stock is currently owned by institutional investors.

Ardagh Metal Packaging Stock Performance

Shares of Ardagh Metal Packaging stock traded up $0.02 during trading hours on Friday, hitting $3.94. The company's stock had a trading volume of 1,357,856 shares, compared to its average volume of 1,660,234. The company has a market cap of $2.35 billion, a PE ratio of -32.83, a PEG ratio of 0.54 and a beta of 0.53. The business has a 50 day moving average price of $3.39 and a two-hundred day moving average price of $3.13. Ardagh Metal Packaging S.A. has a 12-month low of $2.50 and a 12-month high of $4.26.

Ardagh Metal Packaging (NYSE:AMBP - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. Ardagh Metal Packaging had a positive return on equity of 1,760.00% and a negative net margin of 0.99%. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the company earned $0.01 EPS. The firm's quarterly revenue was up 11.1% on a year-over-year basis. As a group, research analysts anticipate that Ardagh Metal Packaging S.A. will post 0.16 earnings per share for the current year.

Ardagh Metal Packaging Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, May 5th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 10.15%. Ardagh Metal Packaging's dividend payout ratio is -1,000.00%.

Ardagh Metal Packaging Company Profile

Ardagh Metal Packaging SA, together with its subsidiaries, supplies consumer metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine.