9.41 USD
+0.00
0.00%
At close Jan 10, 4:00 PM EST
After hours
9.40
-0.01
0.11%
1 day
0.00%
5 days
-1.77%
1 month
-7.11%
3 months
-15.23%
6 months
-3.49%
Year to date
0.64%
1 year
-3.59%
5 years
-9.95%
10 years
-15.83%
 

About: Amcor is a global producer of plastic packaging primarily for the fast-moving consumer goods industry. About 90% of earnings are exposed to the flexible packaging business. This is soft disposable plastic for a variety of food, drink, healthcare, and hygiene products. The remainder of earnings are from the Latin and North American rigids business, which is primarily beverage bottling for the soft drink industry. Operating in more than 35 countries, Amcor has market share in its established regions of North America, Latin America, Europe, and Asia-Pacific. About half of group sales are derived from North America and the remainder is split equally between Western Europe and emerging markets. Australia and New Zealand sales make up less than 5% of group sales.

Employees: 35,000

0
Funds holding %
of 6,814 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

97% more call options, than puts

Call options by funds: $24.7M | Put options by funds: $12.5M

10% more capital invested

Capital invested by funds: $7.86B [Q2] → $8.65B (+$788M) [Q3]

8% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 65

0% less funds holding

Funds holding: 580 [Q2] → 579 (-1) [Q3]

2.63% less ownership

Funds ownership: 55.6% [Q2] → 52.97% (-2.63%) [Q3]

11% less repeat investments, than reductions

Existing positions increased: 204 | Existing positions reduced: 229

20% less funds holding in top 10

Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$10.80
15%
upside
Avg. target
$10.80
15%
upside
High target
$10.80
15%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Wells Fargo
Gabe Hajde
53% 1-year accuracy
31 / 58 met price target
15%upside
$10.80
Equal-Weight
Maintained
15 Oct 2024

Financial journalist opinion

Based on 7 articles about AMCR published over the past 30 days

Positive
Seeking Alpha
5 days ago
Buy 1 January S&P 500 Dividend Aristocrat Out Of 38 'Safer'
**Investment Thesis:** January's top-yielding Aristocrats include Franklin Resources, Realty Income, Amcor, Kenvue, and Hormel, offering dividends from $1K investments exceeding single share prices. **Rating Justification:** Six more Aristocrats could meet the ideal dividend-to-price ratio with a 45.4% market downturn, making them fair-priced investment opportunities. **Analyst Projections:** Top-ten Aristocrats are expected to deliver 22% to 33.36% net gains by January 2025, with an average net gain of 24.96%.
Buy 1 January S&P 500 Dividend Aristocrat Out Of 38 'Safer'
Neutral
PRNewsWire
5 days ago
Amcor named among Australia's sustainability leaders by Dow Jones Sustainability Indices
ZURICH , Jan. 7, 2025 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has again been included in the Dow Jones Sustainability Indices (DJSI): Australia Index (DJSI Australia), recognized for its commitment to environmental, social and governance sustainability performance. Amcor ranked within the top 12% of the packaging and containers industry, reaffirming its leadership position in the sector.
Amcor named among Australia's sustainability leaders by Dow Jones Sustainability Indices
Positive
Seeking Alpha
1 week ago
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)
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Positive
Seeking Alpha
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Up To 11% Yields With Big Buybacks
I love stocks that pay big dividends and buy back a lot of stock. I share three dividend stocks that meet these criteria. I detail why they are compelling buys right now.
Up To 11% Yields With Big Buybacks
Positive
Zacks Investment Research
1 week ago
Amcor Liquidates its 50% Stake in BCNA JV for $122 Million
AMCR's joint venture's total sales in fiscal 2024 are approximately $190 million, with adjusted EBIT of roughly $19 million.
Amcor Liquidates its 50% Stake in BCNA JV for $122 Million
Neutral
PRNewsWire
1 week ago
Amcor completes previously announced sale of BCNA joint venture interest for $122 million; Proceeds used to reduce debt
ZURICH , Dec. 30, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today it completed the sale of its 50% interest in Bericap North America (BCNA) for $122 million on December 27, with the proceeds used to reduce debt. Fiscal 2024 total sales for the joint venture were approximately $190 million and adjusted EBIT was approximately $19 million, both of which were previously fully consolidated under Amcor's Rigid Packaging business.
Amcor completes previously announced sale of BCNA joint venture interest for $122 million; Proceeds used to reduce debt
Positive
24/7 Wall Street
2 weeks ago
4 of the Highest Yielding Dividend Aristocrats Are Top Buys for 2025
Investors looking for defensive companies paying big dividends are drawn to the Dividend Aristocrats and with good reason.
4 of the Highest Yielding Dividend Aristocrats Are Top Buys for 2025
Positive
Seeking Alpha
1 month ago
Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends
"Dividend Aristocrats
Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends
Neutral
Business Wire
1 month ago
Ancora Releases Amcor plc Investment Thesis Presented at the Annual Bloomberg Activism Forum
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group LLC (collectively with its affiliates, “Ancora”) today released its positive investment thesis on Amcor plc (NYSE: AMCR; ASX: AMC) (“Amcor”) that was presented at the Bloomberg Activism Forum by James Chadwick, President of Ancora Alternatives LLC. This follows Amcor's recently announced merger with Berry Global Group, Inc. (NYSE: BERY) (“Berry”), which the companies expect to close in the middle of next year.1 The presentation can be accessed h.
Ancora Releases Amcor plc Investment Thesis Presented at the Annual Bloomberg Activism Forum
Neutral
Seeking Alpha
1 month ago
1 Big Dividend Stock To Sell And 1 Strong Buy
High-yield stocks as a group have largely tread water over the past month. However, many individual stocks within the sector have soared, while others have struggled. This creates opportunities for value investors to take advantage of.
1 Big Dividend Stock To Sell And 1 Strong Buy
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