27,408 Shares in Smurfit Westrock PLC $SW Bought by MASTERINVEST Kapitalanlage GmbH

MASTERINVEST Kapitalanlage GmbH acquired a new position in shares of Smurfit Westrock PLC (NYSE:SW) in the 1st quarter, Holdings Channel.com reports. The firm acquired 27,408 shares of the company’s stock, valued at approximately $1,073,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. CYBER HORNET ETFs LLC acquired a new position in shares of Smurfit Westrock in the 2nd quarter valued at approximately $29,000. DV Equities LLC acquired a new stake in shares of Smurfit Westrock during the 4th quarter worth approximately $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Smurfit Westrock during the 4th quarter worth approximately $28,000. Root Financial Partners LLC increased its stake in Smurfit Westrock by 187.6% in the first quarter. Root Financial Partners LLC now owns 768 shares of the company’s stock valued at $31,000 after acquiring an additional 501 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Smurfit Westrock in the fourth quarter valued at approximately $31,000. Institutional investors own 83.38% of the company’s stock.

Analyst Ratings Changes

SW has been the subject of several recent analyst reports. Wall Street Zen cut Smurfit Westrock from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Truist Financial lifted their price target on Smurfit Westrock from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday. Royal Bank Of Canada lowered their price target on Smurfit Westrock from $54.00 to $53.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Weiss Ratings downgraded Smurfit Westrock from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 1st. Finally, UBS Group reduced their price objective on Smurfit Westrock from $60.00 to $56.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Smurfit Westrock presently has an average rating of “Moderate Buy” and a consensus price target of $54.58.

Smurfit Westrock Trading Up 1.6%

Shares of SW stock opened at $43.58 on Thursday. Smurfit Westrock PLC has a 1-year low of $32.73 and a 1-year high of $52.65. The company has a current ratio of 1.44, a quick ratio of 0.95 and a debt-to-equity ratio of 0.73. The stock has a market cap of $22.86 billion, a price-to-earnings ratio of 60.53, a PEG ratio of 0.71 and a beta of 0.95. The stock has a 50-day moving average of $42.30 and a 200-day moving average of $42.34.

Smurfit Westrock (NYSE:SW) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). Smurfit Westrock had a return on equity of 4.96% and a net margin of 1.22%.The company had revenue of $7.71 billion during the quarter, compared to analyst estimates of $7.57 billion. During the same period in the prior year, the firm earned $0.74 earnings per share. Smurfit Westrock’s revenue was up .7% compared to the same quarter last year. On average, equities research analysts forecast that Smurfit Westrock PLC will post 2.25 earnings per share for the current year.

Smurfit Westrock Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a $0.4523 dividend. This represents a $1.81 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, May 15th. Smurfit Westrock’s dividend payout ratio is currently 250.00%.

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.