Amcor PLC (NYSE:AMCR – Get Free Report) has earned a consensus rating of “Moderate Buy” from the fifteen brokerages that are currently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $48.7433.
Several research firms have recently issued reports on AMCR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amcor in a research report on Friday, August 7th. JPMorgan Chase & Co. reduced their price objective on shares of Amcor from $50.00 to $44.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Jefferies Financial Group set a $44.92 target price on shares of Amcor and gave the stock a “hold” rating in a report on Tuesday, July 21st. Bank of America upped their target price on shares of Amcor from $48.00 to $51.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, Truist Financial reiterated a “buy” rating and set a $51.00 price target (up from $50.00) on shares of Amcor in a report on Thursday, May 7th.
Check Out Our Latest Stock Analysis on Amcor
Amcor Stock Performance
Amcor (NYSE:AMCR – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.04. The business had revenue of $6.40 billion during the quarter, compared to the consensus estimate of $6.05 billion. Amcor had a return on equity of 15.96% and a net margin of 4.71%.The firm’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.20 earnings per share. On average, analysts anticipate that Amcor will post 4.24 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. Stockholders of record on Friday, September 4th will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Friday, September 4th. Amcor’s dividend payout ratio is presently 181.82%.
Institutional Investors Weigh In On Amcor
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc purchased a new position in shares of Amcor in the 1st quarter worth $25,000. Bangor Savings Bank purchased a new stake in Amcor during the second quarter valued at $26,000. Western Wealth Management LLC purchased a new stake in Amcor during the first quarter valued at $27,000. DV Equities LLC bought a new position in Amcor in the fourth quarter valued at about $27,000. Finally, Larson Financial Group LLC lifted its holdings in Amcor by 46.1% in the fourth quarter. Larson Financial Group LLC now owns 3,985 shares of the company’s stock valued at $33,000 after acquiring an additional 1,257 shares during the period. Hedge funds and other institutional investors own 45.14% of the company’s stock.
Key Headlines Impacting Amcor
Here are the key news stories impacting Amcor this week:
- Positive Sentiment: Amcor reported fiscal fourth-quarter revenue of $6.4 billion, up 26% year over year, while EPS of $1.23 exceeded the roughly $1.19 consensus estimate. Results benefited from the Berry Global acquisition, volume growth, productivity improvements, raw-material cost pass-through and synergies. Amcor Reports Strong Fourth Quarter and Full-Year Results
- Positive Sentiment: Management reported adjusted EBITDA of $1.045 billion for the quarter and $3.673 billion for fiscal 2026, increases of 32% and 68%, respectively. It also targeted $650 million in synergies over three years, reinforcing the expected financial benefits of the Berry transaction. Amcor outlines transition-period EPS range and synergies
- Positive Sentiment: The board declared a quarterly dividend of $0.65 per share, implying an annualized yield of approximately 5.6% at recent prices. Commentators described Amcor as an attractive income stock and potentially undervalued, which may support demand from dividend-focused investors. Amcor valuation and dividend analysis
- Neutral Sentiment: Recent commentary portrays Amcor as a defensive packaging business that could appeal to investors rotating away from volatile artificial-intelligence stocks. However, this is broader market positioning rather than a company-specific catalyst. Amcor packaging outlook
- Negative Sentiment: Amcor guided to adjusted EPS of $1.80–$1.90 for the six-month transition period ending December 31, 2026. Investors may view the outlook as less compelling than the strong quarter, particularly as the company integrates Berry and carries approximately $12.9 billion in net debt.
- Negative Sentiment: RBC Capital assigned a Hold rating to Amcor’s related Chess Depository Interests, signaling limited near-term upside after the post-earnings rally. UBS also began coverage, adding analyst scrutiny but not yet providing a clearly bullish consensus catalyst. RBC Capital Hold rating
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.
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