Amcor PLC $AMCR Stock Holdings Boosted by Nan Fung Trinity HK Ltd.

Nan Fung Trinity HK Ltd. boosted its stake in Amcor PLC (NYSE:AMCR) by 123.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 955,076 shares of the company’s stock after purchasing an additional 527,191 shares during the period. Amcor comprises about 3.8% of Nan Fung Trinity HK Ltd.’s holdings, making the stock its 6th largest holding. Nan Fung Trinity HK Ltd.’s holdings in Amcor were worth $39,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. M&G PLC bought a new stake in shares of Amcor during the third quarter worth $1,109,726,000. Bank of New York Mellon Corp acquired a new position in shares of Amcor during the second quarter worth $90,556,000. Rubric Capital Management LP bought a new position in shares of Amcor in the 1st quarter valued at $50,458,000. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Amcor by 2.0% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,162,944 shares of the company’s stock valued at $48,681,000 after acquiring an additional 22,471 shares during the last quarter. Finally, Ancora Advisors LLC bought a new position in shares of Amcor in the 2nd quarter valued at $39,470,000. Institutional investors and hedge funds own 45.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Deutsche Bank downgraded Amcor from a “buy” rating to a “hold” rating in a report on Thursday, November 5th. BMO Capital Markets began coverage on Amcor in a report on Thursday, July 16th. They issued a “market perform” rating and a $47.00 target price for the company. Wells Fargo & Company increased 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. JPMorgan Chase & Co. lowered Amcor from an “overweight” rating to a “neutral” rating and lifted their price target for the company from $44.00 to $47.00 in a research note on Monday, August 17th. Finally, Jefferies Financial Group set a $44.92 price target on Amcor and gave the stock a “hold” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $49.36.

Amcor Price Performance

AMCR stock opened at $43.80 on Friday. The company has a fifty day moving average price of $43.87 and a 200-day moving average price of $43.19. The company has a market capitalization of $20.25 billion, a P/E ratio of 18.80, a PEG ratio of 1.87 and a beta of 0.56. Amcor PLC has a 52-week low of $36.25 and a 52-week high of $50.94. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.83 and a current ratio of 1.40.

Amcor (NYSE:AMCR) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $0.95 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.01). Amcor had a return on equity of 15.85% and a net margin of 4.55%. The business had revenue of $6.13 billion for the quarter, compared to analyst estimates of $5.75 billion. During the same quarter last year, the firm posted $0.11 EPS. As a group, equities analysts expect that Amcor PLC will post 3.15 EPS for the current year.

Amcor Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, November 25th will be given a dividend of $0.66 per share. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $2.64 annualized dividend and a yield of 6.0%. This is an increase from Amcor’s previous quarterly dividend of $0.65. Amcor’s dividend payout ratio is 111.59%.

Amcor Profile

Amcor plc is a global packaging company that develops and manufactures packaging for food and beverage, healthcare, personal care, home care and other consumer products. Its offerings include flexible packaging, rigid containers, closures and specialty cartons, as well as packaging materials and services for pharmaceutical and medical applications. The company serves customers across a broad range of international markets. In 2025, Amcor completed its combination with Berry Global, expanding its packaging portfolio and global reach.