SageView Advisory Group LLC Buys New Shares in Amcor PLC $AMCR

Key Points

• SageView Advisory Group bought a new position of 346,352 Amcor shares in Q3 valued at about $2.83 million, and institutional investors collectively own approximately 45.14% of the company.
• Amcor announced a quarterly dividend of $0.65 (annualized $2.60), implying a 6.4% yield, but the dividend payout ratio is very high at 169.93%, indicating potential sustainability risk.
• Analysts have a consensus Moderate Buy rating with a $52.88 average price target after mixed recent notes, and Amcor reported $0.86 EPS (vs. $0.83 expected) while guiding FY2026 EPS to $4.00–$4.15.

SageView Advisory Group LLC bought a new position in Amcor PLC (NYSE:AMCR - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 346,352 shares of the company's stock, valued at approximately $2,833,000.

Other institutional investors have also bought and sold shares of the company. Quent Capital LLC bought a new stake in Amcor during the third quarter valued at about $27,000. DecisionPoint Financial LLC bought a new position in shares of Amcor in the second quarter worth about $34,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Amcor during the second quarter worth about $36,000. LSV Asset Management purchased a new stake in shares of Amcor during the second quarter worth about $37,000. Finally, Huntington National Bank raised its stake in Amcor by 81.8% during the 3rd quarter. Huntington National Bank now owns 4,490 shares of the company's stock valued at $37,000 after purchasing an additional 2,020 shares during the period. Hedge funds and other institutional investors own 45.14% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on AMCR. Robert W. Baird set a $54.00 price target on Amcor in a report on Wednesday, February 4th. Morgan Stanley lowered shares of Amcor from an "overweight" rating to an "equal weight" rating and set a $46.00 price objective for the company. in a report on Wednesday, January 28th. Wells Fargo & Company lifted their price objective on shares of Amcor from $9.00 to $48.00 and gave the company an "overweight" rating in a research report on Tuesday, January 20th. Truist Financial boosted their target price on shares of Amcor from $55.00 to $60.00 and gave the stock a "buy" rating in a report on Tuesday, January 6th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Amcor in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $52.88.

Amcor Price Performance

Shares of NYSE:AMCR traded up $0.32 during mid-day trading on Friday, reaching $40.65. The stock had a trading volume of 672,526 shares, compared to its average volume of 5,851,833. The business's 50 day moving average price is $45.51 and its 200 day moving average price is $42.80. Amcor PLC has a 1 year low of $38.33 and a 1 year high of $50.94. The company has a market cap of $18.78 billion, a P/E ratio of 26.61, a price-to-earnings-growth ratio of 0.99 and a beta of 0.65. The company has a current ratio of 1.30, a quick ratio of 0.77 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, beating the consensus estimate of $0.83 by $0.03. The business had revenue of $3.24 billion during the quarter, compared to analysts' expectations of $5.53 billion. Amcor had a return on equity of 15.57% and a net margin of 3.04%.The firm's revenue for the quarter was up 68.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 EPS. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS. Research analysts expect that Amcor PLC will post 0.74 EPS for the current fiscal year.

Amcor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Wednesday, February 25th will be issued a $0.65 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 6.4%. Amcor's dividend payout ratio (DPR) is 169.93%.

Amcor Company 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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