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Capital World Investors Makes New $37.23 Million Investment in Amcor PLC $AMCR

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Key Points

  • Capital World Investors opened a new position in Amcor, buying 4,551,370 shares worth approximately $37.23 million, representing about 0.20% of the company at quarter-end while institutional ownership stands near 45.14%.
  • Amcor declared a quarterly dividend of $0.65 per share (annualized $2.60) with a yield of 6.5% (ex-dividend Feb 25, payable Mar 17), although the dividend payout ratio is a high 169.93%.
  • Analysts have a consensus rating of “Moderate Buy” with a $52.88 target; the company beat Q results (EPS $0.86 vs. $0.83) and issued FY2026 guidance of 4.00–4.15 EPS, amid mixed analyst moves including downgrades and target increases.
  • Five stocks to consider instead of Amcor.

Capital World Investors acquired a new position in Amcor PLC (NYSE:AMCR - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,551,370 shares of the company's stock, valued at approximately $37,230,000. Capital World Investors owned 0.20% of Amcor at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Amcor by 8.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 268,381 shares of the company's stock valued at $2,596,000 after buying an additional 20,757 shares during the period. Focus Partners Wealth grew its stake in Amcor by 11.3% during the first quarter. Focus Partners Wealth now owns 43,137 shares of the company's stock worth $418,000 after buying an additional 4,396 shares during the period. Sivia Capital Partners LLC purchased a new stake in Amcor during the second quarter worth approximately $138,000. Vestmark Advisory Solutions Inc. acquired a new stake in shares of Amcor in the second quarter worth $94,000. Finally, Prospera Financial Services Inc acquired a new stake in shares of Amcor in the second quarter worth $120,000. 45.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on AMCR shares. 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 report on Wednesday, January 28th. Wells Fargo & Company increased their price target on Amcor from $9.00 to $48.00 and gave the company an "overweight" rating in a report on Tuesday, January 20th. Weiss Ratings reissued a "hold (c-)" rating on shares of Amcor in a research report on Wednesday, January 21st. Truist Financial upped their target price on Amcor from $55.00 to $60.00 and gave the stock a "buy" rating in a research report on Tuesday, January 6th. Finally, Citigroup reiterated a "buy" rating on shares of Amcor in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $52.88.

View Our Latest Research Report on Amcor

Amcor Price Performance

AMCR stock opened at $40.31 on Friday. The stock's 50 day moving average is $45.51 and its two-hundred day moving average is $42.80. Amcor PLC has a 52-week low of $38.33 and a 52-week high of $50.94. The company has a market capitalization of $18.63 billion, a PE ratio of 26.35, a P/E/G ratio of 0.99 and a beta of 0.65. The company has a quick ratio of 0.77, a current ratio of 1.30 and a debt-to-equity ratio of 1.26.

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

Amcor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, February 25th. Amcor's dividend payout ratio (DPR) is currently 169.93%.

About Amcor

(Free Report)

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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Institutional Ownership by Quarter for Amcor (NYSE:AMCR)

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