Fuller & Thaler Asset Management Inc. Has $10.28 Million Position in Smurfit Westrock Ltd (NYSE:SW)

Fuller & Thaler Asset Management Inc. raised its position in shares of Smurfit Westrock Ltd (NYSE:SW - Free Report) by 7.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 190,906 shares of the company's stock after buying an additional 13,947 shares during the quarter. Fuller & Thaler Asset Management Inc.'s holdings in Smurfit Westrock were worth $10,282,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SW. Retirement Wealth Solutions LLC acquired a new position in Smurfit Westrock in the fourth quarter worth $25,000. Versant Capital Management Inc acquired a new stake in Smurfit Westrock during the fourth quarter worth about $27,000. MassMutual Private Wealth & Trust FSB boosted its stake in Smurfit Westrock by 117.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 516 shares of the company's stock valued at $28,000 after acquiring an additional 279 shares during the period. Deseret Mutual Benefit Administrators bought a new stake in shares of Smurfit Westrock in the 4th quarter worth approximately $30,000. Finally, Spire Wealth Management acquired a new position in Smurfit Westrock during the 4th quarter valued at approximately $36,000. Institutional investors own 83.38% of the company's stock.

Smurfit Westrock Stock Down 1.3 %

NYSE SW traded down $0.57 during trading on Wednesday, hitting $41.78. 1,883,040 shares of the company traded hands, compared to its average volume of 4,714,015. The company has a current ratio of 1.37, a quick ratio of 0.89 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $21.81 billion, a P/E ratio of 75.97 and a beta of 1.00. The business has a fifty day simple moving average of $44.60 and a 200 day simple moving average of $49.74. Smurfit Westrock Ltd has a 12 month low of $37.01 and a 12 month high of $56.99.

Smurfit Westrock (NYSE:SW - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by ($0.33). Smurfit Westrock had a return on equity of 6.16% and a net margin of 0.63%. As a group, sell-side analysts predict that Smurfit Westrock Ltd will post 3.25 EPS for the current year.

Smurfit Westrock Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Friday, February 14th were given a dividend of $0.4308 per share. This represents a $1.72 annualized dividend and a dividend yield of 4.12%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Smurfit Westrock's previous quarterly dividend of $0.30. Smurfit Westrock's payout ratio is currently 312.73%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on SW shares. Wells Fargo & Company cut their target price on Smurfit Westrock from $53.00 to $43.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Royal Bank of Canada set a $57.00 price target on Smurfit Westrock in a report on Tuesday, April 22nd. Citigroup lifted their target price on Smurfit Westrock from $61.00 to $62.00 and gave the stock a "buy" rating in a report on Monday, January 6th. Morgan Stanley dropped their price target on Smurfit Westrock from $66.00 to $64.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 11th. Finally, Truist Financial reduced their price objective on shares of Smurfit Westrock from $62.00 to $50.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Smurfit Westrock presently has an average rating of "Moderate Buy" and an average price target of $58.70.

Insider Activity

In related news, insider Alvaro Henao sold 4,000 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $53.90, for a total value of $215,600.00. Following the transaction, the insider now owns 44,361 shares in the company, valued at $2,391,057.90. This trade represents a 8.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ken Bowles sold 24,225 shares of the company's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $55.06, for a total transaction of $1,333,828.50. Following the sale, the insider now owns 111,458 shares of the company's stock, valued at $6,136,877.48. The trade was a 17.85 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is owned by company insiders.

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.