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Amcor Plcs AMCR - News Analyzed: 2,285 - Last Week: 63 - Last Month: 358

↘ Institutional Investors Backing Amcor Plcs AMCR Despite Mixed Sentiment

Institutional Investors Backing Amcor Plcs AMCR Despite Mixed Sentiment
Amcor Plc (AMCR) stands as one of the top Dividend Aristocrat Stocks to invest in, with a growing attention from various big stakeholders including Brookstone Capital Management and MV Capital Management Inc. currently, 61% of shares are dominated by institutional investors, signaling a strong backing and trust. In terms of financial performance, their Q3 2024 earnings and 16% ROE elicited strong responses from the market. Yet, some analysts deem Amcor Plc as one of the worst Dividend Aristocrat Stocks to purchase, referencing an upcoming dividend. Additional information signals Riverview Trust Co and HighPoint Advisor Group LLC investing in Amcor Plc, while American International Group Inc. and Newbridge Financial Services Group Inc. are reducing their stakes. It's essential to mention Zacks Research has uplifted their earnings estimates for Amcor Plc. Despite experiencing a dip recently, there is anticipation for a price surge considering insiders activity. Last but not least, Amcor Plc reaffirmed its FY24 guidance amidst a CEO transition.

Amcor Plcs AMCR News Analytics from Fri, 20 Sep 2019 21:15:30 GMT to Thu, 04 Jul 2024 10:22:00 GMT - Rating -3 - Innovation 4 - Information 7 - Rumor -5

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