Zacks Research Analysts Reduce Earnings Estimates for Amcor

Amcor PLC (NYSE:AMCR) – Equities research analysts at Zacks Research reduced their Q3 2026 earnings estimates for shares of Amcor in a research report issued on Wednesday, August 26th. Zacks Research analyst Team now forecasts that the company will earn $0.96 per share for the quarter, down from their prior forecast of $1.02. The consensus estimate for Amcor’s current full-year earnings is $1.84 per share. Zacks Research also issued estimates for Amcor’s Q4 2026 earnings at $0.88 EPS, Q2 2027 earnings at $1.20 EPS, Q3 2027 earnings at $1.05 EPS, Q4 2027 earnings at $0.97 EPS, FY2027 earnings at $4.25 EPS and FY2028 earnings at $4.45 EPS.

A number of other research firms also recently weighed in on AMCR. Wells Fargo & Company upped their target price on Amcor from $43.00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday, August 14th. BMO Capital Markets started coverage on shares of Amcor in a research report on Thursday, July 16th. They set a “market perform” rating and a $47.00 price objective for the company. Truist Financial set a $51.00 price objective on shares of Amcor in a research note on Tuesday, August 18th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $47.00 target price (up from $44.00) on shares of Amcor in a report on Monday, August 17th. Finally, Jefferies Financial Group set a $44.92 target price on shares of Amcor and gave the company a “hold” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $49.49.

Amcor Trading Down 0.2%

Shares of NYSE:AMCR opened at $47.18 on Thursday. The business’s 50 day simple moving average is $44.75 and its 200 day simple moving average is $42.72. Amcor has a 1 year low of $36.25 and a 1 year high of $50.94. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.25 and a quick ratio of 0.76. The company has a market capitalization of $21.81 billion, a P/E ratio of 19.99, a P/E/G ratio of 2.59 and a beta of 0.62.

Amcor (NYSE:AMCR) last released its quarterly earnings results on Wednesday, August 12th. The company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.04. The company had revenue of $6.40 billion during the quarter, compared to the consensus estimate of $6.05 billion. Amcor had a net margin of 4.71% and a return on equity of 15.92%. The firm’s quarterly revenue was up 25.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.20 earnings per share.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Brown Financial Advisors increased its position in Amcor by 3.9% in the 2nd quarter. Brown Financial Advisors now owns 6,287 shares of the company’s stock valued at $273,000 after acquiring an additional 237 shares during the period. California State Teachers Retirement System acquired a new position in shares of Amcor during the second quarter worth $1,590,375,000. Alan B Lancz & Associates Inc. grew its stake in shares of Amcor by 26.7% in the second quarter. Alan B Lancz & Associates Inc. now owns 11,853 shares of the company’s stock worth $514,000 after purchasing an additional 2,500 shares during the last quarter. Guardian Wealth Management Inc. grew its stake in shares of Amcor by 3.8% in the second quarter. Guardian Wealth Management Inc. now owns 51,859 shares of the company’s stock worth $2,248,000 after purchasing an additional 1,876 shares during the last quarter. Finally, HB Wealth Management LLC increased its holdings in Amcor by 4.4% in the second quarter. HB Wealth Management LLC now owns 28,223 shares of the company’s stock valued at $1,223,000 after purchasing an additional 1,191 shares during the period. 45.14% of the stock is currently owned by institutional investors and hedge funds.

Amcor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Friday, September 4th will be given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date is Friday, September 4th. Amcor’s dividend payout ratio is currently 110.17%.

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.