Benjamin Edwards Inc. Has $792,000 Stock Position in Amcor PLC $AMCR

Key Points

• Benjamin Edwards Inc. reduced its Amcor stake by 46.4% in the fourth quarter, leaving it with 94,974 shares valued at about $792,000. Other institutional investors also adjusted positions, and institutions overall own 45.14% of Amcor’s stock.
• Amcor posted a better-than-expected quarter, with revenue of $5.91 billion topping estimates and earnings matching consensus at $0.96 per share. The company also raised FY2026 guidance to 3.980-4.030 EPS, signaling improved operating trends.
• The company is emphasizing shareholder income with a quarterly dividend of $0.65 per share, or $2.60 annualized, for a roughly 6.5% yield. Analysts remain generally positive overall, though several firms recently lowered price targets even while keeping buy-style ratings.

Benjamin Edwards Inc. trimmed its position in shares of Amcor PLC (NYSE:AMCR - Free Report) by 46.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,974 shares of the company's stock after selling 82,134 shares during the period. Benjamin Edwards Inc.'s holdings in Amcor were worth $792,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC lifted its position in shares of Amcor by 10.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 4,070 shares of the company's stock worth $34,000 after buying an additional 373 shares during the last quarter. United Asset Strategies Inc. grew its position in Amcor by 1.6% in the fourth quarter. United Asset Strategies Inc. now owns 38,453 shares of the company's stock valued at $321,000 after acquiring an additional 597 shares during the last quarter. Shayne & Jacobs LLC raised its stake in Amcor by 0.6% during the fourth quarter. Shayne & Jacobs LLC now owns 129,101 shares of the company's stock worth $1,077,000 after acquiring an additional 755 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in Amcor by 3.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 26,857 shares of the company's stock worth $224,000 after acquiring an additional 832 shares in the last quarter. Finally, Horizon Investments LLC lifted its holdings in shares of Amcor by 3.7% in the fourth quarter. Horizon Investments LLC now owns 25,768 shares of the company's stock worth $215,000 after acquiring an additional 921 shares during the last quarter. 45.14% of the stock is owned by institutional investors.

Key Headlines Impacting Amcor

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: Amcor said revenue topped expectations and raised its full-year guidance, which helped spark buying interest and suggests operating trends are improving. Amcor (AMCR) rises after revenue beat and higher full-year guidance
• Positive Sentiment: Several Wall Street firms remained constructive after the report: Citigroup kept a buy rating, JPMorgan held an overweight view, and Truist reaffirmed a buy rating with a slightly higher target, reinforcing a favorable analyst backdrop. Analyst rating updates
• Positive Sentiment: Amcor also announced a quarterly dividend of $0.65 per share, supporting the stock’s appeal for income-focused investors with a roughly 6.5% annualized yield.
• Neutral Sentiment: An earnings-call summary noted strong synergy progress but some cash flow strain, indicating execution remains important even after the upbeat quarter. Amcor Earnings Call: Synergies Strong, Cash Flow Strained
• Neutral Sentiment: One Seeking Alpha piece argued Amcor looks inexpensive on a forward P/E basis and highlighted the dividend as a reason to wait, which supports valuation but does not point to a major near-term catalyst. Amcor: Mispriced At Multi-Year Low Forward P/E With A Dividend That Pays To Wait
• Negative Sentiment: Despite the positive tone, Citigroup and JPMorgan both lowered price targets, suggesting analysts see a bit less upside than before even while maintaining bullish ratings. Price target reductions

Amcor Stock Up 0.1%

Shares of NYSE:AMCR opened at $39.96 on Friday. The business's 50 day moving average is $41.14 and its 200 day moving average is $42.50. Amcor PLC has a 12-month low of $36.67 and a 12-month high of $50.94. The stock has a market cap of $18.46 billion, a price-to-earnings ratio of 27.94, a PEG ratio of 1.20 and a beta of 0.63. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 1.30.

Amcor (NYSE:AMCR - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.96 earnings per share for the quarter, hitting the consensus estimate of $0.96. Amcor had a net margin of 3.06% and a return on equity of 14.55%. The business had revenue of $5.91 billion for the quarter, compared to analysts' expectations of $5.71 billion. During the same period in the previous year, the company earned $0.90 earnings per share. The firm's revenue for the quarter was up 77.4% compared to the same quarter last year. Amcor has set its FY 2026 guidance at 3.980-4.030 EPS. On average, sell-side analysts forecast that Amcor PLC will post 4 earnings per share for the current fiscal year.

Amcor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Thursday, May 28th will be issued a $0.65 dividend. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $2.60 annualized dividend and a dividend yield of 6.5%. Amcor's dividend payout ratio is currently 181.82%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on AMCR shares. Weiss Ratings cut Amcor from a "hold (c)" rating to a "hold (c-)" rating in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft started coverage on Amcor in a research note on Wednesday, April 1st. They issued a "buy" rating and a $50.00 price objective for the company. Wells Fargo & Company downgraded shares of Amcor from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from $48.00 to $43.00 in a research report on Friday, March 20th. JPMorgan Chase & Co. decreased their price target on shares of Amcor from $50.00 to $44.00 and set an "overweight" rating for the company in a research report on Thursday. Finally, Morgan Stanley downgraded 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 note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $49.56.

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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