Czech National Bank Purchases 23,171 Shares of Amcor PLC $AMCR

Czech National Bank lifted its holdings in Amcor PLC (NYSE:AMCR) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 608,679 shares of the company’s stock after purchasing an additional 23,171 shares during the quarter. Czech National Bank’s holdings in Amcor were worth $5,076,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of AMCR. First Bank & Trust raised its stake in Amcor by 38.8% during the fourth quarter. First Bank & Trust now owns 138,234 shares of the company’s stock valued at $1,153,000 after purchasing an additional 38,632 shares in the last quarter. Fiduciary Financial Group LLC lifted its position in Amcor by 5.3% during the fourth quarter. Fiduciary Financial Group LLC now owns 38,661 shares of the company’s stock valued at $322,000 after purchasing an additional 1,956 shares during the last quarter. Moody National Bank Trust Division grew its stake in shares of Amcor by 26.8% in the 4th quarter. Moody National Bank Trust Division now owns 25,282 shares of the company’s stock worth $211,000 after buying an additional 5,347 shares in the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI increased its holdings in shares of Amcor by 10.6% in the 4th quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 1,103,180 shares of the company’s stock worth $9,201,000 after buying an additional 105,710 shares during the last quarter. Finally, Gilman Hill Asset Management LLC bought a new stake in shares of Amcor in the 4th quarter worth about $8,869,000. Institutional investors own 45.14% of the company’s stock.

Amcor Price Performance

Amcor stock opened at $38.64 on Friday. Amcor PLC has a 12-month low of $38.02 and a 12-month high of $50.94. The company has a current ratio of 1.30, a quick ratio of 0.77 and a debt-to-equity ratio of 1.26. The firm has a 50-day moving average price of $44.80 and a 200-day moving average price of $42.62. The firm has a market capitalization of $17.85 billion, a PE ratio of 25.25, a price-to-earnings-growth ratio of 0.90 and a beta of 0.65.

Amcor (NYSE:AMCR) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.86 EPS for the quarter, beating the consensus estimate 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%. The firm’s revenue was up 68.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.80 EPS. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS. As a group, equities research analysts forecast that Amcor PLC will post 0.74 EPS for the current year.

Amcor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Wednesday, February 25th were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 6.7%. The ex-dividend date was Wednesday, February 25th. Amcor’s dividend payout ratio is presently 169.93%.

Analyst Ratings Changes

A number of brokerages recently commented on AMCR. Truist Financial increased their price target on shares of Amcor from $55.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Citigroup reissued a “buy” rating on shares of Amcor in a research note on Thursday, February 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Amcor in a research report on Wednesday, January 21st. Morgan Stanley lowered 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, Robert W. Baird set a $54.00 target price on Amcor in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $52.25.

Amcor Company Profile

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.