Amcor PLC $AMCR Shares Bought by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board grew its stake in Amcor PLC (NYSE:AMCR) by 53.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,550 shares of the company’s stock after purchasing an additional 36,000 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Amcor were worth $847,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of AMCR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Amcor by 8.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 268,381 shares of the company’s stock worth $2,596,000 after buying an additional 20,757 shares during the last quarter. Focus Partners Wealth lifted its position in shares of Amcor by 11.3% in the first quarter. Focus Partners Wealth now owns 43,137 shares of the company’s stock valued at $418,000 after acquiring an additional 4,396 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Amcor in the second quarter worth approximately $138,000. Creative Planning increased its position in shares of Amcor by 82.8% during the second quarter. Creative Planning now owns 224,585 shares of the company’s stock worth $2,064,000 after purchasing an additional 101,751 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Amcor by 26.1% during the second quarter. Cetera Investment Advisers now owns 382,557 shares of the company’s stock worth $3,516,000 after purchasing an additional 79,099 shares in the last quarter. Institutional investors and hedge funds own 45.14% of the company’s stock.

Amcor Trading Down 1.1%

Shares of AMCR stock opened at $38.25 on Friday. The company has a current ratio of 1.30, a quick ratio of 0.77 and a debt-to-equity ratio of 1.26. Amcor PLC has a twelve month low of $38.02 and a twelve month high of $50.94. The company’s 50-day moving average price is $45.17 and its 200-day moving average price is $42.68. The stock has a market cap of $17.67 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 0.89 and a beta of 0.65.

Amcor (NYSE:AMCR) last issued its earnings results on Tuesday, February 3rd. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $5.53 billion. Amcor had a net margin of 3.04% and a return on equity of 15.57%. Amcor’s quarterly revenue was up 68.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.80 earnings per share. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS. As a group, equities analysts predict that Amcor PLC will post 0.74 earnings per share for the current year.

Amcor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Wednesday, February 25th were issued a $0.65 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $2.60 dividend on an annualized basis and a yield of 6.8%. Amcor’s dividend payout ratio is currently 169.93%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Robert W. Baird set a $54.00 price objective on Amcor in a report on Wednesday, February 4th. Truist Financial increased their target price on shares of Amcor from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Wells Fargo & Company lowered shares of Amcor from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $48.00 to $43.00 in a research report on Friday. Morgan Stanley cut 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. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Amcor in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $52.25.

More Amcor News

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: Amcor’s Winterbourne site achieved ISO 13485 certification, strengthening its capabilities and positioning in healthcare packaging — a potential long-term revenue and margin positive in medical segments. Amcor’s Winterbourne site achieves ISO 13485 certification
• Positive Sentiment: Amcor’s Earth Sense® Pro won a sustainability award from the Flexible Packaging Association — boosts ESG credentials and supports demand from sustainability-focused customers. Amcor’s Earth Sense® Pro wins FPA award
• Neutral Sentiment: Industry/ETF flow dynamics: coverage noting Amcor is drawing interest as S&P 500 fund trends evolve — could alter passive/active flows but impact is uncertain until reweighting occurs. Amcor Draws Interest As S&P 500 Fund Trends Evolve
• Neutral Sentiment: Valuation/DCF debate: a recent note reviews conflicting discounted cash‑flow signals after share weakness — highlights investor disagreement on fair value and sensitivity to assumptions. That keeps sentiment mixed. A Look At Amcor Valuation After Recent Share Price Weakness And Conflicting DCF Signals
• Neutral Sentiment: Market commentary notes Amcor has recently outperformed some indices, and analysts remain moderately optimistic — but this hasn’t prevented near-term downside pressure from fresh analyst actions. Is Amcor Stock Outperforming the Nasdaq?
• Negative Sentiment: Wells Fargo downgraded Amcor from Overweight to Equal Weight and cut its price target to $43 from $48 — a clear near-term headwind that likely pressured the stock as analysts reprice upside. Wells Fargo downgrades Amcor (AMCR)
• Negative Sentiment: Short-term market action: headlines and market data report the stock fell and underperformed the market on recent sessions, with above-average volume — signals investors are taking profits or reducing exposure after recent gains. Amcor PLC stock falls Thursday, underperforms market

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.