Machina Capital S.A.S. Makes New $1.16 Million Investment in Amcor PLC $AMCR

Machina Capital S.A.S. bought a new position in Amcor PLC (NYSE:AMCR) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 27,617 shares of the company’s stock, valued at approximately $1,156,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. M&G PLC bought a new stake in shares of Amcor in the 3rd quarter valued at about $1,109,726,000. Bank of New York Mellon Corp purchased a new position in Amcor during the second quarter valued at approximately $90,556,000. Rubric Capital Management LP bought a new position in Amcor in the first quarter worth approximately $50,458,000. Sumitomo Mitsui Trust Group Inc. raised its stake in Amcor by 2.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,162,944 shares of the company’s stock worth $48,681,000 after buying an additional 22,471 shares in the last quarter. Finally, Ancora Advisors LLC bought a new position in Amcor in the second quarter worth approximately $39,470,000. Institutional investors own 45.14% of the company’s stock.

Wall Street Analyst Weigh In

AMCR has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered Amcor from an “overweight” rating to a “neutral” rating and upped their target price for the stock from $44.00 to $47.00 in a report on Monday, August 17th. Deutsche Bank downgraded Amcor from a “buy” rating to a “hold” rating in a report on Thursday, November 5th. Citigroup reduced their price target on Amcor from $52.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday. UBS Group restated a “buy” rating on shares of Amcor in a research note on Thursday, November 5th. Finally, Wells Fargo & Company raised their price objective on Amcor from $43.00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $49.36.

Amcor Trading Down 1.3%

NYSE:AMCR opened at $43.80 on Friday. The stock has a market capitalization of $20.25 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 1.87 and a beta of 0.56. Amcor PLC has a 52 week low of $36.25 and a 52 week high of $50.94. The company has a quick ratio of 0.83, a current ratio of 1.40 and a debt-to-equity ratio of 1.24. The firm has a 50 day moving average of $43.87 and a 200 day moving average of $43.19.

Amcor (NYSE:AMCR) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($0.01). The firm had revenue of $6.13 billion during the quarter, compared to analysts’ expectations of $5.75 billion. Amcor had a return on equity of 15.85% and a net margin of 4.55%. During the same period in the prior year, the firm posted $0.11 earnings per share. As a group, sell-side analysts anticipate that Amcor PLC will post 3.15 earnings per share for the current fiscal year.

Amcor Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Wednesday, November 25th will be given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Wednesday, November 25th. This is a positive change from Amcor’s previous quarterly dividend of $0.65. Amcor’s payout ratio is 111.59%.

About Amcor

Amcor plc is a global packaging company that develops and manufactures packaging for food and beverage, healthcare, personal care, home care and other consumer products. Its offerings include flexible packaging, rigid containers, closures and specialty cartons, as well as packaging materials and services for pharmaceutical and medical applications. The company serves customers across a broad range of international markets. In 2025, Amcor completed its combination with Berry Global, expanding its packaging portfolio and global reach.