
Amcor PLC (NYSE:AMCR – Free Report) – Research analysts at Zacks Research dropped their FY2026 EPS estimates for Amcor in a research report issued on Wednesday, May 20th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $3.99 for the year, down from their prior forecast of $4.00. The consensus estimate for Amcor’s current full-year earnings is $3.97 per share. Zacks Research also issued estimates for Amcor’s Q4 2026 earnings at $1.20 EPS, Q1 2027 earnings at $1.02 EPS, Q2 2027 earnings at $0.92 EPS, Q3 2027 earnings at $1.09 EPS and Q2 2028 earnings at $1.02 EPS.
Other equities analysts also recently issued reports about the stock. Truist Financial restated a “buy” rating and set a $51.00 target price (up from $50.00) on shares of Amcor in a report on Thursday, May 7th. Citigroup lowered their target price on shares of Amcor from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Robert W. Baird set a $54.00 target price on shares of Amcor in a report on Wednesday, February 4th. Weiss Ratings upgraded shares of Amcor from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Wells Fargo & Company set a $41.00 target price on shares of Amcor and gave the stock an “equal weight” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Amcor currently has an average rating of “Moderate Buy” and a consensus target price of $49.33.
Amcor Price Performance
NYSE AMCR opened at $38.14 on Thursday. The company has a quick ratio of 0.95, a current ratio of 1.44 and a debt-to-equity ratio of 1.30. Amcor has a 12-month low of $36.25 and a 12-month high of $50.94. The company has a market capitalization of $17.63 billion, a PE ratio of 26.67, a price-to-earnings-growth ratio of 1.11 and a beta of 0.63. The firm’s 50 day moving average is $39.74 and its 200-day moving average is $42.36.
Amcor (NYSE:AMCR – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.96 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.96. Amcor had a net margin of 3.06% and a return on equity of 14.55%. The company had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.71 billion. During the same period last year, the company earned $0.90 earnings per share. The firm’s revenue was up 77.4% compared to the same quarter last year.
Hedge Funds Weigh In On Amcor
A number of institutional investors have recently added to or reduced their stakes in AMCR. N.E.W. Advisory Services LLC boosted its position in Amcor by 10.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 4,070 shares of the company’s stock worth $34,000 after purchasing an additional 373 shares during the period. CYBER HORNET ETFs LLC boosted its position in Amcor by 11.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 4,488 shares of the company’s stock worth $37,000 after purchasing an additional 447 shares during the period. FineMark National Bank & Trust boosted its position in Amcor by 0.6% during the fourth quarter. FineMark National Bank & Trust now owns 80,503 shares of the company’s stock worth $671,000 after purchasing an additional 503 shares during the period. United Asset Strategies Inc. boosted its position in Amcor by 1.6% during the fourth quarter. United Asset Strategies Inc. now owns 38,453 shares of the company’s stock worth $321,000 after purchasing an additional 597 shares during the period. Finally, AdvisorNet Financial Inc bought a new position in Amcor during the first quarter worth $25,000. 45.14% of the stock is currently owned by institutional investors and hedge funds.
Amcor Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Thursday, May 28th will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Thursday, May 28th. Amcor’s payout ratio is presently 181.82%.
Amcor Company 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.
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