Compagnie Lombard Odier SCmA Sells 81,664 Shares of Smurfit Westrock PLC $SW

Key Points

• Compagnie Lombard Odier SCmA reduced its stake in Smurfit Westrock by 10.8% in Q4, selling 81,664 shares and now holding 676,222 shares worth about $26.15 million (≈0.13% ownership).
• Company insiders also sold shares: CEO Anthony P. J. Smurfit sold 40,000 shares and CFO Ken Bowles sold 10,000 shares on Feb. 19, leaving insiders with roughly 0.46% ownership.
• Smurfit Westrock raised its quarterly dividend to $0.4523 (annualized $1.81) for a ~4.5% yield, though the payout ratio is a high 136.09%, indicating potential sustainability concerns.

Compagnie Lombard Odier SCmA cut its holdings in Smurfit Westrock PLC (NYSE:SW - Free Report) by 10.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 676,222 shares of the company's stock after selling 81,664 shares during the quarter. Compagnie Lombard Odier SCmA owned 0.13% of Smurfit Westrock worth $26,149,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TD Waterhouse Canada Inc. increased its stake in shares of Smurfit Westrock by 113.3% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 640 shares of the company's stock valued at $27,000 after acquiring an additional 340 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Smurfit Westrock during the 2nd quarter valued at $29,000. Root Financial Partners LLC bought a new position in Smurfit Westrock during the third quarter worth $33,000. Rexford Capital Inc. acquired a new stake in Smurfit Westrock in the second quarter worth $35,000. Finally, Groupe la Francaise acquired a new stake in Smurfit Westrock in the second quarter worth $51,000. 83.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Smurfit Westrock

In other Smurfit Westrock news, CFO Ken Bowles sold 10,000 shares of Smurfit Westrock stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $51.26, for a total transaction of $512,600.00. Following the transaction, the chief financial officer directly owned 151,644 shares of the company's stock, valued at $7,773,271.44. The trade was a 6.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Anthony P. J. Smurfit sold 40,000 shares of the company's stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $51.54, for a total transaction of $2,061,600.00. Following the completion of the sale, the chief executive officer owned 1,642,610 shares of the company's stock, valued at approximately $84,660,119.40. The trade was a 2.38% decrease in their position. The SEC filing for this sale provides additional information. 0.46% of the stock is currently owned by company insiders.

Smurfit Westrock Price Performance

SW stock opened at $40.18 on Thursday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.95 and a current ratio of 1.48. The business has a 50-day simple moving average of $43.59 and a two-hundred day simple moving average of $40.83. The company has a market capitalization of $21.06 billion, a P/E ratio of 30.21 and a beta of 1.06. Smurfit Westrock PLC has a 52-week low of $32.73 and a 52-week high of $52.65.

Smurfit Westrock (NYSE:SW - Get Free Report) last issued its quarterly earnings data on Friday, February 27th. The company reported $0.34 EPS for the quarter. Smurfit Westrock had a return on equity of 6.10% and a net margin of 2.24%.The firm had revenue of $7.58 billion during the quarter. Research analysts expect that Smurfit Westrock PLC will post 3.25 EPS for the current fiscal year.

Smurfit Westrock Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Tuesday, February 17th were given a $0.4523 dividend. This represents a $1.81 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, February 17th. This is an increase from Smurfit Westrock's previous quarterly dividend of $0.43. Smurfit Westrock's payout ratio is currently 136.09%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on SW shares. Barclays dropped their price objective on shares of Smurfit Westrock from $56.00 to $54.00 and set an "overweight" rating on the stock in a report on Wednesday. Morgan Stanley decreased their target price on Smurfit Westrock from $61.00 to $60.00 and set an "overweight" rating for the company in a research report on Friday, March 6th. Citigroup upped their price target on Smurfit Westrock from $48.00 to $59.00 and gave the stock a "buy" rating in a research note on Friday, February 13th. Truist Financial set a $60.00 price target on Smurfit Westrock in a report on Thursday, February 12th. Finally, Royal Bank Of Canada raised their price objective on Smurfit Westrock from $51.00 to $57.00 and gave the company an "outperform" rating in a research note on Thursday, February 12th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Smurfit Westrock presently has an average rating of "Moderate Buy" and an average target price of $55.73.

Smurfit Westrock Company Profile

Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland and internationally. The company produces containerboard that it converts into corrugated containers or sells to third parties, as well as produces other types of paper, such as consumer packaging board, sack paper, graphic paper, solid board and graphic board, and other paper-based packaging products, such as consumer packaging, solid board packaging, paper sacks, and other packaging products, including bag-in-box.

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