Thompson Siegel & Walmsley LLC Increases Stock Holdings in Smurfit Westrock PLC $SW

Thompson Siegel & Walmsley LLC increased its stake in shares of Smurfit Westrock PLC (NYSE:SW) by 4.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,554,035 shares of the company’s stock after buying an additional 104,219 shares during the quarter. Smurfit Westrock comprises approximately 1.7% of Thompson Siegel & Walmsley LLC’s investment portfolio, making the stock its 3rd biggest position. Thompson Siegel & Walmsley LLC owned about 0.49% of Smurfit Westrock worth $98,765,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SW. TD Waterhouse Canada Inc. grew its position in Smurfit Westrock by 113.3% during the third quarter. TD Waterhouse Canada Inc. now owns 640 shares of the company’s stock worth $27,000 after buying an additional 340 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Smurfit Westrock during the fourth quarter worth approximately $28,000. CYBER HORNET ETFs LLC acquired a new stake in Smurfit Westrock during the second quarter worth approximately $29,000. Clearstead Advisors LLC grew its position in Smurfit Westrock by 231.8% during the fourth quarter. Clearstead Advisors LLC now owns 1,327 shares of the company’s stock worth $51,000 after buying an additional 927 shares in the last quarter. Finally, Fideuram Asset Management Ireland dac acquired a new stake in Smurfit Westrock during the fourth quarter worth approximately $61,000. Institutional investors and hedge funds own 83.38% of the company’s stock.

Smurfit Westrock Trading Up 0.0%

NYSE SW opened at $41.15 on Monday. The company has a quick ratio of 0.95, a current ratio of 1.44 and a debt-to-equity ratio of 0.73. Smurfit Westrock PLC has a twelve month low of $32.73 and a twelve month high of $52.65. The company has a market cap of $21.58 billion, a price-to-earnings ratio of 57.16 and a beta of 0.96. The business’s fifty day moving average is $39.94 and its 200 day moving average is $40.53.

Smurfit Westrock (NYSE:SW) last announced its earnings results on Thursday, April 30th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.03). The company had revenue of $7.71 billion for the quarter, compared to the consensus estimate of $7.57 billion. Smurfit Westrock had a return on equity of 4.96% and a net margin of 1.22%.The firm’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the prior year, the business earned $0.74 earnings per share. As a group, sell-side analysts expect that Smurfit Westrock PLC will post 2.32 EPS for the current fiscal year.

Smurfit Westrock Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be given a $0.4523 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.81 annualized dividend and a dividend yield of 4.4%. Smurfit Westrock’s dividend payout ratio (DPR) is 251.39%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. UBS Group reduced their price target on Smurfit Westrock from $60.00 to $56.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. The Goldman Sachs Group initiated coverage on Smurfit Westrock in a report on Tuesday, March 24th. They issued a “buy” rating and a $49.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Smurfit Westrock in a report on Friday. Jefferies Financial Group set a $58.00 target price on Smurfit Westrock in a report on Thursday, February 12th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $57.00 target price on shares of Smurfit Westrock in a report on Wednesday, May 6th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Smurfit Westrock has an average rating of “Moderate Buy” and an average price target of $53.00.

Smurfit Westrock Profile

Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland and internationally. The company produces containerboard that it converts into corrugated containers or sells to third parties, as well as produces other types of paper, such as consumer packaging board, sack paper, graphic paper, solid board and graphic board, and other paper-based packaging products, such as consumer packaging, solid board packaging, paper sacks, and other packaging products, including bag-in-box.