Amcor plc

New York Stock Exchange
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Bullish +65

Bessemer Group Inc. Decreases Stock Holdings in Amcor PLC $AMCR

📉 Bessemer Group Inc. significantly reduced its Amcor holdings by 86% in Q1, selling 14,002 shares to retain only 2,284 shares valued at $91,000.

📈 Multiple institutional investors initiated new positions in Q1, including Ascentis Independent Advisors ($85k), CENTRAL TRUST Co ($49k), and American Capital Advisory LLC ($44k).

🏦 Institutional ownership of Amcor stands at 45.14%, indicating continued significant interest from hedge funds and large investors.

💰 Deutsche Bank initiated coverage with a Buy rating and $50.00 price target, while Truist Financial raised its target to $51.00.

📊 Bank of America increased its price objective to $51.00 and maintained a Buy rating in a July 14th research note.

📉 Citigroup lowered its price target from $54.00 to $47.00 but reaffirmed its Buy rating on the stock.

📈 Amcor reported Q1 revenue of $5.91 billion, a 77.4% year-over-year increase that beat the consensus estimate of $5.71 billion.

💵 The company posted earnings per share of $0.96, exactly matching analyst consensus estimates for the quarter.

📉 Amcor stock trades at a P/E ratio of 31.66 with a market capitalization of $20.93 billion and a beta of 0.62.

💸 The company pays a quarterly dividend of $0.65, resulting in an annualized yield of 5.7% based on the current stock price.

⚠️ Amcor's dividend payout ratio is high at 181.82%, suggesting the dividend may be partially funded by debt or reserves rather than just current earnings.

📉 The stock currently trades above its 50-day moving average of $41.27 but below its 200-day moving average of $42.25.

Bullish Signals
  • Amcor reported Q1 revenue of $5.91 billion, a substantial 77.4% year-over-year increase that exceeded the consensus estimate of $5.71 billion.
  • The company earned $0.96 per share in the quarter, precisely hitting the consensus analyst estimate while growing from $0.90 EPS the prior year.
  • Major analysts including Deutsche Bank, Truist Financial, and Bank of America have issued Buy ratings with price targets ranging from $50.00 to $51.00.
  • The stock offers a 5.7% dividend yield based on an annualized payout of $2.60 per share.
  • Institutional ownership remains robust at 45.14%, with several new investors initiating positions in the first quarter.
Risk Factors
  • Bessemer Group Inc., a notable institutional holder, drastically reduced its position by 86% during the first quarter.
  • Citigroup lowered its price target from $54.00 to $47.00, indicating some analysts see limited upside at current levels.
  • The stock trades below its 200-day moving average of $42.25 while hovering near its 52-week high of $50.94.
  • Amcor's dividend payout ratio is 181.82%, which is unsustainable based on current earnings and may require future cuts or special dividends.
Full Analysis
Institutional ownership of Amcor PLC (NYSE: AMCR) saw mixed activity in the first quarter, led by Bessemer Group Inc. reducing its position by 86% to hold just 2,284 shares worth $91,000 after selling 14,002 shares. Conversely, several other institutional investors and hedge funds initiated new stakes during the same period, including AdvisorNet Financial Inc ($25,000), Root Financial Partners LLC ($41,000), American Capital Advisory LLC ($44,000), CENTRAL TRUST Co ($49,000), and Ascentis Independent Advisors ($85,000). Collectively, hedge funds and institutional investors maintain a 45.14% ownership stake in the company. Analyst sentiment remains predominantly positive with major banks issuing buy ratings and raising price targets. Deutsche Bank initiated coverage with a $50.00 target, while Truist Financial raised its objective to $51.00 and Bank of America increased theirs to $51.00. Citigroup lowered its target to $47.00 but maintained a buy rating, and Jefferies set a $44.92 objective with a hold rating. The consensus price target stands at $48.08 according to MarketBeat.com, supported by one Strong Buy, seven Buy ratings, and six Hold ratings. Financially, Amcor reported strong quarterly performance in the first quarter of 2026, posting revenue of $5.91 billion which represented a 77.4% year-over-year increase against a consensus estimate of $5.71 billion. The company earned $0.96 per share, matching analyst expectations, with a net margin of 3.06% and a return on equity of 14.55%. The stock trades at a market capitalization of $20.93 billion with a P/E ratio of 31.66 and a dividend yield of 5.7%, though the payout ratio is high at 181.82%. Amcor operates as a global packaging company specializing in flexible and rigid solutions for food, beverage, pharmaceutical, and consumer markets. Founded in 2005 following a spin-off from a mining conglomerate, the firm has expanded through organic investments and acquisitions to serve diverse end markets including medical and industrial products. The stock recently opened at $45.27, trading between a 52-week low of $36.25 and a high of $50.94.