Rep. Thomas H. Kean, Jr. Unloads Shares of Amcor PLC (NYSE:AMCR)

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Amcor PLC (NYSE:AMCR). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amcor stock on August 10th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/27/2026.
• Purchased $1,001 – $15,000 in shares of MasTec (NYSE:MTZ) on 8/21/2026.
• Purchased $1,001 – $15,000 in shares of Linde (NASDAQ:LIN) on 8/10/2026.
• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 7/22/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/22/2026.
• Purchased $1,001 – $15,000 in shares of Toast (NYSE:TOST) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 7/7/2026.

Amcor Price Performance

Shares of AMCR stock traded up $0.19 on Wednesday, hitting $42.65. 407,623 shares of the company’s stock were exchanged, compared to its average volume of 4,732,502. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.25 and a quick ratio of 0.76. Amcor PLC has a 12 month low of $36.25 and a 12 month high of $50.94. The stock has a market cap of $19.72 billion, a P/E ratio of 18.05, a price-to-earnings-growth ratio of 2.31 and a beta of 0.60. The company has a 50 day moving average of $45.26 and a 200 day moving average of $42.24.

Amcor (NYSE:AMCR) last released its earnings results on Thursday, August 13th. The company reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.04. The firm had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.05 billion. Amcor had a return on equity of 15.92% and a net margin of 4.71%.The business’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 earnings per share. On average, equities research analysts predict that Amcor PLC will post 1.84 EPS for the current year.

Amcor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 6.1%. Amcor’s payout ratio is 110.17%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $47.00 price target (up from $44.00) on shares of Amcor in a report on Monday, August 17th. Wells Fargo & Company raised their target price on shares of Amcor from $43.00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday, August 14th. Bank of America boosted their target price on shares of Amcor from $48.00 to $51.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Jefferies Financial Group set a $44.92 price objective on Amcor and gave the company a “hold” rating in a report on Tuesday, July 21st. Finally, UBS Group initiated coverage on Amcor in a report on Tuesday, August 11th. They issued a “buy” rating and a $56.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Amcor presently has an average rating of “Moderate Buy” and an average target price of $49.49.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AMCR. Capital International Investors purchased a new position in shares of Amcor in the 4th quarter worth approximately $354,227,000. Norges Bank bought a new stake in Amcor during the fourth quarter worth $308,724,000. Capital International Inc. CA purchased a new position in Amcor in the fourth quarter worth $29,106,000. ProShare Advisors LLC grew its stake in Amcor by 13.3% in the 4th quarter. ProShare Advisors LLC now owns 19,958,512 shares of the company’s stock valued at $166,454,000 after purchasing an additional 2,342,959 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in Amcor in the 2nd quarter valued at $90,556,000. 45.14% of the stock is owned by institutional investors and hedge funds.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Amcor

Amcor plc (NYSE: AMCR) is a global packaging company that develops and manufactures packaging products for the food, beverage, pharmaceutical, medical, personal care, household and other consumer and industrial markets. Its portfolio is designed to help protect products, extend shelf life, support transportation and improve convenience and sustainability.

The company produces flexible packaging, including films, pouches, bags, lidding and specialty laminates, as well as rigid packaging such as bottles, containers, closures and other molded products.