Rep. Thomas H. Kean, Jr. Buys Amcor PLC (NYSE:AMCR) Shares

Key Points

• Representative Thomas H. Kean, Jr. purchased between $1,001 and $15,000 of Amcor PLC (NYSE:AMCR) shares on March 31 in his KEAN FAMILY PARTNERSHIP account.
• Amcor recently declared a quarterly dividend of $0.65 (annualized $2.60), implying a 6.3% yield but a payout ratio of roughly 170%, which may signal sustainability risk.
• The company set FY2026 guidance at 4.000–4.150 EPS, and analysts' consensus is a "Moderate Buy" with an average price target of $52.00.

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of Amcor PLC NYSE: AMCR. In a filing disclosed on April 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Amcor stock on March 31st. The trade occurred in the Representative's "KEAN FAMILY PARTNERSHIP" account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 3/26/2026.
• Purchased $1,001 - $15,000 in shares of Linde NASDAQ: LIN on 3/26/2026.
• Sold $15,001 - $50,000 in shares of PepsiCo NASDAQ: PEP on 3/26/2026.
• Sold $1,001 - $15,000 in shares of First Citizens BancShares NASDAQ: FCNCA on 3/26/2026.
• Sold $15,001 - $50,000 in shares of Chubb NYSE: CB on 3/26/2026.
• Sold $15,001 - $50,000 in shares of S&P Global NYSE: SPGI on 3/26/2026.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 3/10/2026.
• Purchased $1,001 - $15,000 in shares of Linde NASDAQ: LIN on 2/18/2026.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 2/13/2026.
• Purchased $1,001 - $15,000 in shares of First Citizens BancShares NASDAQ: FCNCA on 2/5/2026.

Amcor Stock Up 0.1%

Shares of AMCR stock opened at $41.02 on Wednesday. Amcor PLC has a 1 year low of $37.94 and a 1 year high of $50.94. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.77 and a current ratio of 1.30. The business's fifty day moving average is $44.05 and its 200-day moving average is $42.57. The stock has a market cap of $18.95 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 0.96 and a beta of 0.71.

Amcor (NYSE:AMCR - Get Free Report) last announced its quarterly earnings data 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 analyst estimates of $5.53 billion. Amcor had a return on equity of 15.57% and a net margin of 3.04%.The company's revenue was up 68.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.80 earnings per share. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS. Equities analysts expect that Amcor PLC will post 0.74 earnings per share for the current fiscal year.

Amcor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Wednesday, February 25th were given a dividend of $0.65 per share. The ex-dividend date was Wednesday, February 25th. This represents a $2.60 annualized dividend and a dividend yield of 6.3%. Amcor's dividend payout ratio (DPR) is 169.93%.

Hedge Funds Weigh In On Amcor

A number of institutional investors have recently bought and sold shares of the stock. Quent Capital LLC purchased a new stake in Amcor during the third quarter valued at about $27,000. DV Equities LLC acquired a new stake in shares of Amcor during the fourth quarter valued at approximately $27,000. Brown Lisle Cummings Inc. lifted its position in shares of Amcor by 137.9% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,450 shares of the company's stock valued at $29,000 after acquiring an additional 2,000 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Amcor by 46.1% in the 4th quarter. Larson Financial Group LLC now owns 3,985 shares of the company's stock valued at $33,000 after acquiring an additional 1,257 shares in the last quarter. Finally, N.E.W. Advisory Services LLC boosted its stake in Amcor by 10.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 4,070 shares of the company's stock worth $34,000 after purchasing an additional 373 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 brokerages have weighed in on AMCR. Deutsche Bank Aktiengesellschaft began coverage on shares of Amcor in a report on Wednesday, April 1st. They issued a "buy" rating and a $50.00 price target for the company. Robert W. Baird set a $54.00 target price on shares of Amcor in a report on Wednesday, February 4th. Truist Financial raised 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. Morgan Stanley lowered shares of Amcor from an "overweight" rating to an "equal weight" rating and set a $46.00 price target on the stock. in a research report on Wednesday, January 28th. Finally, Wells Fargo & Company cut Amcor from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $48.00 to $43.00 in a report on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $52.00.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey's 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey's 7th Congressional District. He declared candidacy for the 2026 election. Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

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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