Wolverine Asset Management LLC Acquires Shares of 55,000 Amcor PLC $AMCR

Wolverine Asset Management LLC acquired a new stake in shares of Amcor PLC (NYSE:AMCR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 55,000 shares of the company’s stock, valued at approximately $459,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp raised its stake in Amcor by 7.2% during the third quarter. State Street Corp now owns 139,077,241 shares of the company’s stock valued at $1,137,652,000 after buying an additional 9,375,255 shares in the last quarter. Vanguard Group Inc. raised its stake in Amcor by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 113,335,957 shares of the company’s stock valued at $945,222,000 after buying an additional 1,845,627 shares in the last quarter. M&G PLC raised its stake in Amcor by 26.6% during the third quarter. M&G PLC now owns 108,333,984 shares of the company’s stock valued at $866,672,000 after buying an additional 22,737,979 shares in the last quarter. Invesco Ltd. raised its stake in Amcor by 29.9% during the third quarter. Invesco Ltd. now owns 47,111,558 shares of the company’s stock valued at $385,373,000 after buying an additional 10,846,351 shares in the last quarter. Finally, Federated Hermes Inc. raised its stake in Amcor by 103.9% during the third quarter. Federated Hermes Inc. now owns 39,344,317 shares of the company’s stock valued at $321,837,000 after buying an additional 20,052,979 shares in the last quarter. Institutional investors and hedge funds own 45.14% of the company’s stock.

Amcor Stock Up 7.0%

Shares of Amcor stock opened at $40.26 on Thursday. 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 business’s 50 day simple moving average is $41.34 and its 200-day simple moving average is $42.50. The stock has a market capitalization of $18.60 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.05 and a beta of 0.63. Amcor PLC has a twelve month low of $36.67 and a twelve month high of $50.94.

Amcor (NYSE:AMCR) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.96 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.96. The business had revenue of $5.91 billion for the quarter, compared to analysts’ expectations of $5.71 billion. Amcor had a return on equity of 15.57% and a net margin of 3.04%.The business’s quarterly revenue was up 77.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.90 EPS. Equities research analysts forecast that Amcor PLC will post 3.94 earnings per share for the current year.

Amcor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Thursday, May 28th will be given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Thursday, May 28th. Amcor’s dividend payout ratio is presently 169.93%.

More Amcor News

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: Q3 revenue beat and raised FY26 guidance — Amcor reported Q3 adjusted EPS $0.96 in line with consensus but revenue of $5.91B topped estimates and management raised FY26 adjusted EPS guidance to $3.98–4.03 (above consensus). This clear beat + guidance lift is the main positive catalyst. Amcor rises after revenue beat and higher full-year guidance
• Positive Sentiment: Dividend announced — Amcor declared a quarterly dividend of $0.65 per share (annualized yield ~6.5%), with record/ex?dividend dates in late May; that high yield supports income investors and makes the stock more attractive to yield-focused funds. (Company announcement)
• Positive Sentiment: Acquisition synergies and margin improvement — Management reported ~$77M of Berry acquisition synergies (at the high end of expectations) and adjusted EBITDA/margins improved year?over?year, supporting the case that the integration is adding value. Amcor Reports Solid Third Quarter Results and Updates Fiscal 2026 Guidance
• Neutral Sentiment: Portfolio optimization and asset sales — Amcor announced six divestiture agreements and sold two North American closure facilities to Closure Systems International as part of portfolio optimization; these moves can raise cash and simplify the portfolio but are not immediate earnings drivers. Closure Systems International Acquires Two North American Manufacturing Facilities from Amcor
• Negative Sentiment: Cash?flow strain and demand softness flagged — The earnings call and analyst notes flagged strained free cash flow dynamics (company revised FCF to $1.5–1.6B) and some softer end?market demand, which could limit near?term margin upside and valuation multiple expansion. Amcor Earnings Call: Synergies Strong, Cash Flow Strained AMCR Q3 Earnings Meet Estimates, Sales Beat on Berry Acquisition

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wells Fargo & Company cut Amcor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $48.00 to $43.00 in a research note on Friday, March 20th. Robert W. Baird set a $54.00 price objective on Amcor in a research note on Wednesday, February 4th. Weiss Ratings cut Amcor from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft assumed coverage on Amcor in a research note on Wednesday, April 1st. They set a “buy” rating and a $50.00 price objective on the stock. Finally, Morgan Stanley cut Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 price objective on the stock. in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $50.89.

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.