Associated Banc Corp Purchases New Shares in Amcor PLC $AMCR

Key Points

• Associated Banc Corp initiated a position in Amcor, purchasing 43,395 shares worth approximately $1.82 million in the third quarter.
• Analysts have a “Moderate Buy” consensus rating and an average price target of $49.36; ratings include one Strong Buy, five Buys, and six Holds.
• Amcor reported quarterly revenue of $6.13 billion, above estimates, but earnings per share of $0.95 narrowly missed consensus. Its announced quarterly dividend of $0.65 equates to a 5.4% yield at the share price cited.

Associated Banc Corp purchased a new stake in Amcor PLC (NYSE:AMCR - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 43,395 shares of the company's stock, valued at approximately $1,817,000.

Several other institutional investors have also recently bought and sold shares of the stock. Silicon Valley Capital Partners boosted 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 valued at $10,302,000 after purchasing an additional 50,510 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Amcor by 219.4% during the second quarter. Concurrent Investment Advisors LLC now owns 64,241 shares of the company's stock worth $2,785,000 after buying an additional 44,125 shares during the last quarter. Dupree Financial Group LLC raised its stake in shares of Amcor by 41.5% during the third quarter. Dupree Financial Group LLC now owns 267,653 shares of the company's stock worth $11,204,000 after buying an additional 78,544 shares during the last quarter. Citizens National Bank Trust Department bought a new stake in shares of Amcor during the first quarter worth approximately $1,251,000. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of 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 buying an additional 30,657 shares during the last quarter. Institutional investors own 45.14% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Truist Financial set a $51.00 price objective on shares of Amcor in a report on Tuesday, August 18th. Citigroup reaffirmed a "buy" rating and set a $52.00 target price (up from $47.00) on shares of Amcor in a report on Friday, August 14th. BMO Capital Markets started coverage on shares of Amcor in a research report on Thursday, July 16th. They set a "market perform" rating and a $47.00 target price for the company. Wells Fargo & Company increased their price target on Amcor from $43.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, August 14th. Finally, JPMorgan Chase & Co. downgraded Amcor from an "overweight" rating to a "neutral" rating and increased their price target for the company from $44.00 to $47.00 in a research note on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $49.36.

Amcor Stock Performance

Shares of AMCR stock opened at $48.58 on Thursday. The stock 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 stock has a 50-day moving average of $44.05 and a 200-day moving average of $43.13. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.25 and a quick ratio of 0.76. Amcor PLC has a one year low of $36.25 and a one year high of $50.94.

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

Amcor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Friday, September 4th were issued a $0.65 dividend. The ex-dividend date was Friday, September 4th. This represents a $2.60 annualized dividend and a yield of 5.4%. Amcor's dividend payout ratio (DPR) is 110.17%.

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

About Amcor

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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