Ardagh Metal Packaging S.A. $AMBP Stock: State of Alaska Department of Revenue Raises Holdings

State of Alaska Department of Revenue boosted its stake in shares of Ardagh Metal Packaging S.A. (NYSE:AMBP) by 715.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 188,047 shares of the company’s stock after acquiring an additional 165,000 shares during the quarter. State of Alaska Department of Revenue’s holdings in Ardagh Metal Packaging were worth $816,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Weiss Asset Management LP raised its stake in shares of Ardagh Metal Packaging by 11,276.2% in the first quarter. Weiss Asset Management LP now owns 4,516,338 shares of the company’s stock worth $18,291,000 after acquiring an additional 4,476,638 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Ardagh Metal Packaging by 28.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,269,861 shares of the company’s stock valued at $13,243,000 after purchasing an additional 722,974 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Ardagh Metal Packaging by 20.9% during the first quarter. Dimensional Fund Advisors LP now owns 4,637,767 shares of the company’s stock valued at $18,779,000 after purchasing an additional 801,019 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Ardagh Metal Packaging by 31.9% during the first quarter. Renaissance Technologies LLC now owns 2,894,210 shares of the company’s stock valued at $11,722,000 after purchasing an additional 699,478 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Ardagh Metal Packaging by 139.6% in the first quarter. Bank of America Corp DE now owns 249,581 shares of the company’s stock valued at $1,011,000 after purchasing an additional 145,418 shares in the last quarter. Institutional investors and hedge funds own 16.93% of the company’s stock.

Key Ardagh Metal Packaging News

Here are the key news stories impacting Ardagh Metal Packaging this week:

• Positive Sentiment: Revenue significantly exceeded estimates: Third-quarter revenue rose 18.6% year over year to $1.69 billion, above the $1.52 billion analyst consensus. The growth indicates continued demand for the company’s sustainable metal beverage cans. Ardagh Metal Packaging Third Quarter 2026 Results
• Positive Sentiment: Dividend maintained: Ardagh declared a quarterly dividend of $0.10 per share, payable December 10 to shareholders of record on November 26. The annualized payout is $0.40 per share, representing an approximately 8.4% yield based on the provided share price, which may appeal to income-focused investors. The ex-dividend date is November 25. Ardagh Metal Packaging Declares Quarterly Dividend
• Neutral Sentiment: EPS met expectations: Third-quarter earnings were $0.08 per share, matching the consensus estimate and the year-ago result. The absence of an earnings beat limits the upside surprise, despite the strong revenue growth. Ardagh Metal Packaging Meets Q3 Earnings Estimates
• Negative Sentiment: Profitability remains a concern: Ardagh reported a net margin of just 0.68% and negative return on equity of 27.93%, suggesting that revenue gains have not yet translated into strong shareholder returns.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. UBS Group dropped their price objective on shares of Ardagh Metal Packaging from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Monday, October 5th. Wall Street Zen lowered Ardagh Metal Packaging from a “buy” rating to a “hold” rating in a research report on Saturday, October 17th. Deutsche Bank Aktiengesellschaft started coverage on Ardagh Metal Packaging in a research report on Thursday, August 20th. They issued a “hold” rating and a $5.20 price objective on the stock. Citigroup reissued a “buy” rating on shares of Ardagh Metal Packaging in a research note on Friday, July 24th. Finally, Wells Fargo & Company boosted their target price on Ardagh Metal Packaging from $4.00 to $5.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Ardagh Metal Packaging currently has a consensus rating of “Hold” and a consensus target price of $4.83.

Ardagh Metal Packaging Stock Up 3.1%

NYSE:AMBP opened at $4.73 on Friday. Ardagh Metal Packaging S.A. has a 12-month low of $3.29 and a 12-month high of $5.47. The stock’s fifty day simple moving average is $4.76 and its 200-day simple moving average is $4.50. The firm has a market capitalization of $2.83 billion, a P/E ratio of 78.91, a P/E/G ratio of 0.83 and a beta of 0.50.

Ardagh Metal Packaging (NYSE:AMBP) last released its quarterly earnings data on Thursday, October 22nd. The company reported $0.08 EPS for the quarter, meeting analysts’ consensus estimates of $0.08. Ardagh Metal Packaging had a negative return on equity of 27.93% and a net margin of 0.68%. The business had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the prior year, the company posted $0.08 earnings per share. The firm’s revenue was up 18.6% on a year-over-year basis. As a group, equities research analysts expect that Ardagh Metal Packaging S.A. will post 0.27 earnings per share for the current year.

Ardagh Metal Packaging Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 26th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 8.4%. The ex-dividend date is Wednesday, November 25th. Ardagh Metal Packaging’s payout ratio is presently 666.67%.

Ardagh Metal Packaging Company Profile

Ardagh Metal Packaging SA (NYSE: AMBP) is a global manufacturer of beverage cans and related metal packaging. The company produces aluminum and steel cans, ends and other components used for beer, soft drinks, energy drinks, sparkling water, juices and other beverages. Its products are supplied to major beverage companies, regional brands and contract manufacturers.

The company operates production and design facilities across Europe, North America and South America, including Brazil. Its packaging is designed to support brand presentation, product protection and efficient distribution, while metal cans can be recycled repeatedly without losing their basic properties.

Ardagh Metal Packaging became a separately listed public company in 2021 through a business combination involving Ardagh Group’s metal packaging business and Gores Holdings V.