Varma Mutual Pension Insurance Co Acquires New Shares in Amcor PLC $AMCR

Key Points

• Varma Mutual Pension Insurance Co acquired 1,283,300 shares of Amcor in Q4 (about $10.7M), representing roughly 0.28% of the company at quarter‑end.
• Amcor delivered a strong quarter—revenue $5.91B beat estimates and adjusted EPS $0.96 met consensus—and raised FY‑2026 EPS guidance to $3.98–$4.03, citing $77M of acquisition synergies and free cash flow guidance of $1.5–$1.6B.
• Several large institutions (M&G, Federated Hermes, AQR, Invesco, State Street) materially increased stakes, institutional ownership stands at 45.14%, and analysts have an average rating of "Moderate Buy" with a $50.89 average price target.

Varma Mutual Pension Insurance Co acquired a new stake in Amcor PLC (NYSE:AMCR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,283,300 shares of the company's stock, valued at approximately $10,703,000. Varma Mutual Pension Insurance Co owned about 0.28% of Amcor at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of AMCR. M&G PLC lifted its stake in shares of Amcor by 26.6% in the 3rd quarter. M&G PLC now owns 108,333,984 shares of the company's stock valued at $866,672,000 after purchasing an additional 22,737,979 shares during the last quarter. Federated Hermes Inc. lifted its stake in shares of Amcor by 103.9% in the 3rd quarter. Federated Hermes Inc. now owns 39,344,317 shares of the company's stock valued at $321,837,000 after purchasing an additional 20,052,979 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Amcor by 398.6% in the 2nd quarter. AQR Capital Management LLC now owns 16,015,722 shares of the company's stock valued at $147,184,000 after purchasing an additional 12,803,785 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Amcor by 29.9% in the 3rd quarter. Invesco Ltd. now owns 47,111,558 shares of the company's stock valued at $385,373,000 after purchasing an additional 10,846,351 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of Amcor by 7.2% in the 3rd quarter. State Street Corp now owns 139,077,241 shares of the company's stock valued at $1,137,652,000 after purchasing an additional 9,375,255 shares during the last quarter. Institutional investors and hedge funds own 45.14% of the company's stock.

More Amcor News

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: Raised FY‑2026 EPS guidance to $3.98–$4.03 (vs. consensus ~$3.93), which signals better-than-expected full‑year profitability and supports valuation. Amcor Reports Solid Third Quarter Results and Updates Fiscal 2026 Guidance
• Positive Sentiment: Q3 results: revenue of $5.91B beat estimates ($5.71B) and adjusted EPS of $0.96 met consensus; adjusted EBITDA and adjusted EBIT rose sharply (up 87% and 79% y/y) and margins improved — indicates strong post‑Berry acquisition performance and synergy realization. View Press Release
• Positive Sentiment: Management updates: $77M in acquisition synergies (at the upper end of expectations), six divestiture agreements under portfolio optimization, and free cash flow guidance of $1.5–$1.6B — these items support cash generation and margin expansion. Amcor Reports Solid Third Quarter Results and Updates Fiscal 2026 Guidance
• Positive Sentiment: Analyst sentiment remains constructive — the stock has an average analyst recommendation of "Moderate Buy," which can support further upside if execution continues. Amcor PLC Receives Average Recommendation of "Moderate Buy" from Analysts
• Neutral Sentiment: Continued portfolio reshaping: Amcor sold two North American molding facilities to Closure Systems International — a targeted divestiture that trims Rigid Packaging assets and funds strategic priorities. Closure Systems International Acquires Two North American Manufacturing Facilities from Amcor
• Neutral Sentiment: Corporate housekeeping: April adjustments to CDI and equity instrument balances are routine and unlikely to move the needle materially. Amcor Adjusts CDI and Equity Instrument Balances in April 2026
• Negative Sentiment: Near‑term risks remain: analysts flagged potential weak demand, cost pressures and a negative ESP heading into the quarter — if end‑market demand softens or integration costs rise, margins and guidance could be pressured. Amcor Gears Up to Report Q3 Earnings: What's in Store for the Stock?

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on AMCR shares. Robert W. Baird set a $54.00 price objective on shares of Amcor in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft started coverage on shares of Amcor in a research note on Wednesday, April 1st. They issued a "buy" rating and a $50.00 price objective for the company. 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 research note on Wednesday, January 28th. Wells Fargo & Company downgraded shares of Amcor from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $48.00 to $43.00 in a report on Friday, March 20th. Finally, Weiss Ratings downgraded shares of Amcor from a "hold (c)" rating to a "hold (c-)" rating in a report on Monday, April 27th. 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's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $50.89.

Amcor Stock Performance

Shares of AMCR opened at $37.67 on Wednesday. The company has a market capitalization of $17.41 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.03 and a beta of 0.63. Amcor PLC has a one year low of $36.67 and a one year high of $50.94. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.30 and a quick ratio of 0.77. The company's fifty day moving average price is $41.55 and its 200 day moving average price is $42.51.

Amcor (NYSE:AMCR - Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.96 EPS for the quarter, hitting the consensus estimate of $0.96. The firm had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.71 billion. Amcor had a net margin of 3.04% and a return on equity of 15.57%. Amcor has set its FY 2026 guidance at 3.980-4.030 EPS. As a group, analysts expect that Amcor PLC will post 3.94 earnings per share for the current year.

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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