Transform Wealth LLC Sells 562 Shares of Smurfit Westrock Ltd (NYSE:SW)

Transform Wealth LLC decreased its position in shares of Smurfit Westrock Ltd (NYSE:SW) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,250 shares of the company’s stock after selling 562 shares during the quarter. Transform Wealth LLC’s holdings in Smurfit Westrock were worth $1,522,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Smurfit Westrock by 117.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 516 shares of the company’s stock valued at $28,000 after acquiring an additional 279 shares during the last quarter. Contravisory Investment Management Inc. increased its holdings in Smurfit Westrock by 2.6% in the 4th quarter. Contravisory Investment Management Inc. now owns 14,189 shares of the company’s stock worth $764,000 after purchasing an additional 365 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new position in Smurfit Westrock in the 4th quarter worth about $25,000. Mather Group LLC. bought a new position in Smurfit Westrock in the third quarter valued at about $25,000. Finally, Versant Capital Management Inc acquired a new stake in shares of Smurfit Westrock during the fourth quarter valued at about $27,000. 83.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SW. Wells Fargo & Company lowered their price objective on Smurfit Westrock from $53.00 to $50.00 and set an “equal weight” rating for the company in a research note on Monday, October 7th. Citigroup upped their price target on shares of Smurfit Westrock from $61.00 to $62.00 and gave the company a “buy” rating in a research report on Monday, January 6th. Barclays lifted their price target on shares of Smurfit Westrock from $60.00 to $68.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Morgan Stanley increased their price objective on Smurfit Westrock from $60.00 to $64.00 and gave the company an “overweight” rating in a report on Thursday, November 14th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $58.00 target price on shares of Smurfit Westrock in a report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Smurfit Westrock has an average rating of “Moderate Buy” and a consensus price target of $60.56.

Smurfit Westrock Trading Up 1.4 %

Shares of SW opened at $52.95 on Tuesday. The firm’s fifty day moving average price is $53.58. Smurfit Westrock Ltd has a 12 month low of $38.55 and a 12 month high of $56.99. The company has a quick ratio of 0.98, a current ratio of 1.48 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $27.54 billion, a PE ratio of 294.20 and a beta of 1.03.

Smurfit Westrock Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Friday, November 15th were paid a $0.3025 dividend. This represents a $1.21 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend was Friday, November 15th. Smurfit Westrock’s dividend payout ratio (DPR) is presently 672.26%.

Insiders Place Their Bets

In other news, insider Saverio Mayer sold 25,000 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $54.84, for a total transaction of $1,371,000.00. Following the transaction, the insider now owns 149,911 shares of the company’s stock, valued at $8,221,119.24. This represents a 14.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.49% of the company’s stock.

Smurfit Westrock Company 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.