Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Amcor PLC (NYSE:AMCR – Free Report) by 2.0% during the third quarter, HoldingsChannel reports. The fund owned 1,162,944 shares of the company’s stock after acquiring an additional 22,471 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Amcor were worth $48,681,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Foresight Capital Management Advisors Inc. acquired a new position in shares of Amcor in the 3rd quarter valued at about $25,000. Bangor Savings Bank acquired a new stake in shares of Amcor in the 2nd quarter worth about $26,000. Western Wealth Management LLC bought a new stake in shares of Amcor during the first quarter valued at approximately $27,000. Palladiem LLC acquired a new position in shares of Amcor during the first quarter worth approximately $34,000. Finally, Fortitude Family Office LLC raised its stake in Amcor by 216.9% during the 3rd quarter. Fortitude Family Office LLC now owns 954 shares of the company’s stock valued at $40,000 after acquiring an additional 653 shares in the last quarter. 45.14% of the stock is owned by institutional investors.
Amcor Stock Up 3.5%
Amcor stock opened at $48.58 on Thursday. The company has a 50 day moving average of $44.05 and a 200-day moving average of $43.13. The company has a quick ratio of 0.76, a current ratio of 1.25 and a debt-to-equity ratio of 1.17. Amcor PLC has a twelve month low of $36.25 and a twelve month high of $50.94. The stock has a market capitalization of $22.46 billion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 2.94 and a beta of 0.56.
Amcor (NYSE:AMCR – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.01). The company had revenue of $6.13 billion for the quarter, compared to analyst estimates of $5.75 billion. Amcor had a return on equity of 15.92% and a net margin of 4.71%. During the same period last year, the firm earned $0.11 EPS. On average, equities research analysts anticipate that Amcor PLC will post 1.83 EPS for the current fiscal year.
Amcor Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Friday, September 4th were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $2.60 annualized dividend and a yield of 5.4%. Amcor’s dividend payout ratio is currently 110.17%.
Analyst Ratings Changes
Several equities analysts have recently issued reports on AMCR shares. UBS Group started coverage on Amcor in a research report on Tuesday, August 11th. They set a “buy” rating and a $56.00 price target on the stock. Citigroup reiterated a “buy” rating and set a $52.00 price target (up from $47.00) on shares of Amcor in a report on Friday, August 14th. Weiss Ratings upgraded Amcor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 29th. Jefferies Financial Group set a $44.92 price target on Amcor and gave the company a “hold” rating in a report on Tuesday, July 21st. Finally, Wells Fargo & Company lifted their price target on shares of Amcor from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $49.36.
Amcor News Roundup
Here are the key news stories impacting Amcor this week:
- Positive Sentiment: For the quarter ended September 30, 2026, Amcor reported revenue of $6.13 billion, above the roughly $5.90 billion consensus estimate. The revenue beat and the company’s description of results as solid may have supported the stock. Amcor Reports Solid Results for Quarter ended September 30, 2026
- Neutral Sentiment: Analysts remain cautiously optimistic about Amcor’s prospects, according to a recent overview of estimates and ratings. Amcor Stock: Analyst Estimates & Ratings
- Negative Sentiment: Adjusted earnings were $0.95 per share, below estimates cited by analysts—$1.04 in one report and $0.96 in another. The earnings shortfall is a counterpoint to the revenue beat and could weigh on sentiment. Amcor (AMCR) Q3 Earnings Miss Estimates
About Amcor
Amcor plc (NYSE: AMCR) is a global packaging company that develops and produces packaging solutions for food, beverage, pharmaceutical, medical, personal care, household, and other consumer and industrial products. Its offerings include flexible packaging, rigid containers, closures, bottles, specialty cartons, and related packaging systems designed to protect products, support supply chains, and improve convenience and sustainability.
The company serves customers across North America, Latin America, Europe, Asia-Pacific, and other international markets.
Featured Articles
- Five stocks we like better than Amcor
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Want to see what other hedge funds are holding AMCR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amcor PLC (NYSE:AMCR – Free Report).
Receive News & Ratings for Amcor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amcor and related companies with MarketBeat.com's FREE daily email newsletter.
