Cantor Fitzgerald Investment Advisors L.P. Boosts Holdings in Amcor PLC $AMCR

Key Points

• Cantor Fitzgerald Investment Advisors boosted its stake in Amcor by 62.1% in Q4, adding 466,173 shares to hold 1,217,275 shares worth about $10.15 million (≈0.26% of the company).
• Amcor pays a quarterly dividend of $0.65 (annualized $2.60) for a yield of about 6.3%, but its payout ratio is very high at roughly 169.9%, suggesting potential sustainability concerns.
• Institutional ownership is sizable at 45.14%, with major increases from State Street, M&G, Federated Hermes, AQR and Invesco, and analysts hold a consensus "Moderate Buy" rating with an average target of $52.00.

Cantor Fitzgerald Investment Advisors L.P. boosted its position in Amcor PLC (NYSE:AMCR - Free Report) by 62.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,217,275 shares of the company's stock after buying an additional 466,173 shares during the period. Cantor Fitzgerald Investment Advisors L.P. owned approximately 0.26% of Amcor worth $10,152,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp boosted its position in shares of Amcor by 41.4% during the 2nd quarter. State Street Corp now owns 129,701,986 shares of the company's stock worth $1,191,961,000 after purchasing an additional 37,982,310 shares in the last quarter. M&G PLC boosted its position in shares of Amcor by 26.6% during the 3rd quarter. M&G PLC now owns 108,333,984 shares of the company's stock worth $866,672,000 after purchasing an additional 22,737,979 shares in the last quarter. Federated Hermes Inc. boosted its position in shares of Amcor by 103.9% during the 3rd quarter. Federated Hermes Inc. now owns 39,344,317 shares of the company's stock worth $321,837,000 after purchasing an additional 20,052,979 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Amcor by 398.6% during the 2nd quarter. AQR Capital Management LLC now owns 16,015,722 shares of the company's stock worth $147,184,000 after purchasing an additional 12,803,785 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Amcor by 29.9% during the 3rd quarter. Invesco Ltd. now owns 47,111,558 shares of the company's stock worth $385,373,000 after purchasing an additional 10,846,351 shares in the last quarter. 45.14% of the stock is currently owned by hedge funds and other institutional investors.

Amcor Price Performance

Amcor stock opened at $41.20 on Friday. Amcor PLC has a 52 week low of $37.94 and a 52 week high of $50.94. The company has a quick ratio of 0.77, a current ratio of 1.30 and a debt-to-equity ratio of 1.26. The firm's 50-day simple moving average is $44.18 and its 200 day simple moving average is $42.52. The firm has a market capitalization of $19.03 billion, a PE ratio of 26.93, a P/E/G ratio of 0.98 and a beta of 0.71.

Amcor (NYSE:AMCR - Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.83 by $0.03. Amcor had a net margin of 3.04% and a return on equity of 15.57%. The business had revenue of $3.24 billion for the quarter, compared to analyst estimates of $5.53 billion. During the same period in the previous year, the firm earned $0.80 EPS. The business's revenue for the quarter was up 68.1% compared to the same quarter last year. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS. On average, equities research analysts predict that Amcor PLC will post 0.74 EPS for the current fiscal year.

Amcor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Wednesday, February 25th were given a $0.65 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $2.60 annualized dividend and a dividend yield of 6.3%. Amcor's payout ratio is currently 169.93%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Wells Fargo & Company lowered shares of Amcor from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $48.00 to $43.00 in a research report on Friday, March 20th. Citigroup restated a "buy" rating on shares of Amcor in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Amcor in a research report on Wednesday, April 1st. They set a "buy" rating and a $50.00 target price on the stock. Morgan Stanley lowered shares of Amcor from an "overweight" rating to an "equal weight" rating and set a $46.00 target price on the stock. in a research report on Wednesday, January 28th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Amcor in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Amcor has an average rating of "Moderate Buy" and an average price target of $52.00.

About Amcor

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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