Wealthfront Advisers LLC Grows Holdings in Amcor PLC $AMCR

Wealthfront Advisers LLC increased its position in shares of Amcor PLC (NYSE:AMCR) by 106.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,435 shares of the company’s stock after buying an additional 17,716 shares during the period. Wealthfront Advisers LLC’s holdings in Amcor were worth $287,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMCR. State Street Corp grew its holdings in Amcor by 7.2% during the 3rd quarter. State Street Corp now owns 139,077,241 shares of the company’s stock worth $1,137,652,000 after acquiring an additional 9,375,255 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Amcor by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 113,335,957 shares of the company’s stock valued at $945,222,000 after buying an additional 1,845,627 shares during the period. M&G PLC boosted its holdings in shares of Amcor by 26.6% in the 3rd quarter. M&G PLC now owns 108,333,984 shares of the company’s stock valued at $866,672,000 after buying an additional 22,737,979 shares during the period. Invesco Ltd. boosted its holdings in shares of Amcor by 29.9% in the 3rd quarter. Invesco Ltd. now owns 47,111,558 shares of the company’s stock valued at $385,373,000 after buying an additional 10,846,351 shares during the period. Finally, Federated Hermes Inc. boosted its holdings in shares of Amcor by 103.9% in the 3rd quarter. Federated Hermes Inc. now owns 39,344,317 shares of the company’s stock valued at $321,837,000 after buying an additional 20,052,979 shares during the period. Hedge funds and other institutional investors own 45.14% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on AMCR. Robert W. Baird set a $54.00 price target on shares of Amcor in a report on Wednesday, February 4th. Wells Fargo & Company lowered shares of Amcor from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $48.00 to $43.00 in a research note on Friday, March 20th. Truist Financial reduced their target price on shares of Amcor from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Morgan Stanley lowered shares of Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 target price for the company. in a research note on Wednesday, January 28th. Finally, Weiss Ratings lowered shares of Amcor from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $50.89.

Key Headlines Impacting Amcor

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: Raised FY‑2026 EPS guidance to $3.98–$4.03 (vs. consensus ~$3.93), which signals better-than-expected full‑year profitability and supports valuation. Amcor Reports Solid Third Quarter Results and Updates Fiscal 2026 Guidance
• Positive Sentiment: Q3 results: revenue of $5.91B beat estimates ($5.71B) and adjusted EPS of $0.96 met consensus; adjusted EBITDA and adjusted EBIT rose sharply (up 87% and 79% y/y) and margins improved — indicates strong post‑Berry acquisition performance and synergy realization. View Press Release
• Positive Sentiment: Management updates: $77M in acquisition synergies (at the upper end of expectations), six divestiture agreements under portfolio optimization, and free cash flow guidance of $1.5–$1.6B — these items support cash generation and margin expansion. Amcor Reports Solid Third Quarter Results and Updates Fiscal 2026 Guidance
• Positive Sentiment: Analyst sentiment remains constructive — the stock has an average analyst recommendation of “Moderate Buy,” which can support further upside if execution continues. Amcor PLC Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Continued portfolio reshaping: Amcor sold two North American molding facilities to Closure Systems International — a targeted divestiture that trims Rigid Packaging assets and funds strategic priorities. Closure Systems International Acquires Two North American Manufacturing Facilities from Amcor
• Neutral Sentiment: Corporate housekeeping: April adjustments to CDI and equity instrument balances are routine and unlikely to move the needle materially. Amcor Adjusts CDI and Equity Instrument Balances in April 2026
• Negative Sentiment: Near‑term risks remain: analysts flagged potential weak demand, cost pressures and a negative ESP heading into the quarter — if end‑market demand softens or integration costs rise, margins and guidance could be pressured. Amcor Gears Up to Report Q3 Earnings: What’s in Store for the Stock?

Amcor Stock Up 2.1%

AMCR stock opened at $37.67 on Wednesday. Amcor PLC has a 52 week low of $36.67 and a 52 week high of $50.94. The company has a market capitalization of $17.41 billion, a price-to-earnings ratio of 24.62, a price-to-earnings-growth ratio of 1.03 and a beta of 0.63. The firm’s 50-day moving average is $41.55 and its two-hundred day moving average is $42.51. The company has a current ratio of 1.30, a quick ratio of 0.77 and a debt-to-equity ratio of 1.26.

Amcor (NYSE:AMCR) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.96 EPS for the quarter, hitting analysts’ consensus estimates of $0.96. Amcor had a net margin of 3.04% and a return on equity of 15.57%. The company had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.71 billion. Amcor has set its FY 2026 guidance at 3.980-4.030 EPS. On average, analysts forecast that Amcor PLC will post 3.94 earnings per share for the current fiscal year.

Amcor Profile

Amcor (NYSE: AMCR) is a global packaging company specializing in the design, development and production of flexible and rigid packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other consumer and industrial products. The company’s product portfolio encompasses flexible films, pouches, specialty cartons, rigid containers, metal closures and dispensing systems. Amcor’s packaging solutions are engineered to preserve product quality, extend shelf life and meet the specific requirements of a wide range of end markets.

Founded in its current form in 2005 following a spin-off from a mining conglomerate, Amcor expanded its capabilities and geographic footprint through organic investments and strategic acquisitions.