Rep. Thomas H. Kean, Jr. Sells Amcor PLC (NYSE:AMCR) Stock

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Amcor PLC (NYSE:AMCR). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amcor stock on August 10th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/27/2026.
• Purchased $1,001 – $15,000 in shares of MasTec (NYSE:MTZ) on 8/21/2026.
• Purchased $1,001 – $15,000 in shares of Linde (NASDAQ:LIN) on 8/10/2026.
• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 7/22/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/22/2026.
• Purchased $1,001 – $15,000 in shares of Toast (NYSE:TOST) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 7/7/2026.

Amcor Stock Performance

NYSE:AMCR opened at $42.48 on Wednesday. The stock has a market cap of $19.64 billion, a P/E ratio of 18.00, a PEG ratio of 2.31 and a beta of 0.60. The company has a quick ratio of 0.76, a current ratio of 1.25 and a debt-to-equity ratio of 1.17. The business’s 50-day moving average price is $45.26 and its two-hundred day moving average price is $42.24. Amcor PLC has a twelve month low of $36.25 and a twelve month high of $50.94.

Amcor (NYSE:AMCR) last posted its quarterly earnings data on Thursday, August 13th. The company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.04. Amcor had a net margin of 4.71% and a return on equity of 15.92%. The company had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.05 billion. During the same period in the prior year, the business earned $0.20 earnings per share. Amcor’s revenue for the quarter was up 25.9% compared to the same quarter last year. As a group, equities analysts predict that Amcor PLC will post 1.84 EPS for the current fiscal year.

Amcor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Friday, September 4th will be issued a $0.65 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.60 annualized dividend and a dividend yield of 6.1%. Amcor’s dividend payout ratio (DPR) is presently 110.17%.

Institutional Investors Weigh In On Amcor

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Tidal Investments LLC increased its stake in shares of Amcor by 18.3% during the second quarter. Tidal Investments LLC now owns 236,370 shares of the company’s stock valued at $10,247,000 after purchasing an additional 36,634 shares in the last quarter. Van Hulzen Asset Management LLC boosted its position in shares of Amcor by 6.7% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 8,005 shares of the company’s stock worth $347,000 after purchasing an additional 500 shares in the last quarter. National Pension Service boosted its position in shares of Amcor by 1.3% in the 2nd quarter. National Pension Service now owns 505,524 shares of the company’s stock worth $21,914,000 after purchasing an additional 6,297 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Amcor in the 2nd quarter worth approximately $438,000. Finally, SVB Wealth LLC increased its position in Amcor by 89.0% during the 2nd quarter. SVB Wealth LLC now owns 111,552 shares of the company’s stock valued at $4,836,000 after buying an additional 52,531 shares in the last quarter. Hedge funds and other institutional investors own 45.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on AMCR shares. Weiss Ratings restated a “hold (c)” rating on shares of Amcor in a research report on Friday, August 7th. Truist Financial set a $51.00 price objective on Amcor in a report on Tuesday, August 18th. Jefferies Financial Group set a $44.92 price objective on Amcor and gave the company a “hold” rating in a research report on Tuesday, July 21st. Citigroup reissued a “buy” rating and set a $52.00 price objective (up from $47.00) on shares of Amcor in a report on Friday, August 14th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $47.00 target price (up from $44.00) on shares of Amcor in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $49.49.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Amcor

Amcor plc (NYSE: AMCR) is a global packaging company that develops and manufactures packaging products for the food, beverage, pharmaceutical, medical, personal care, household and other consumer and industrial markets. Its portfolio is designed to help protect products, extend shelf life, support transportation and improve convenience and sustainability.

The company produces flexible packaging, including films, pouches, bags, lidding and specialty laminates, as well as rigid packaging such as bottles, containers, closures and other molded products.