Amcor Plc (NYSE:AMCR) has been a topic of interest among various financial entities. One of the major moves reported was the
National Bank of Canada significantly reducing its stake in the company. Other financial institutions such as
M&T Bank Corp and
Amalgamated Bank also reduced their holdings, while firms like
Cwm LLC and
abrdn plc increased theirs. This records a mix of gain and reduction of stakes.
Amcor's Q3 2024 Earnings Call Transcript has also been a frequent subject of discussion. The commentary about the company's stock not performing up to market expectations, on several occasions, alludes to some compositional challenges within the company. On the brighter side,
Amcor's FY24 guidance amid CEO transition have been reaffirmed and also has a strong backing with 61% institutional ownership. However, there seems to be concerns whether the company's returns on capital and CEO compensation may deter some shareholders.
Amcor Plcs AMCR News Analytics from Fri, 20 Sep 2019 21:15:30 GMT to Sun, 12 May 2024 10:16:34 GMT -
Rating -2
- Innovation 2
- Information 4
- Rumor -4
