Amcor plc (AMCR) has been catching investors' attention as showcased by several
institutional investors, such as Louisiana State Employees Retirement System and SG Americas Securities LLC, increasing their
stock holdings. A Washington Trust Co has sold 47,311 shares and Savant Capital LLC has sold 122,879 shares while Director Achal Agarwal and Arun Nayar have purchased 40,000 and 100,000 shares respectively. Expected to report Q2 2025 earnings on February 4, analysts are increasingly bullish about Amcor, projecting a robust 20% ROE. However, an earnings miss witnessed recently led to forecast revisions. The firm also plans to acquire Berry Global in a hefty $8.4 billion deal, expected to fortify its market position. ANCOR projects a 70% upside in the Amcor-Berry merger, seeing a potential $4.5B EBITDA. Despite some views labeling it as one of the worst dividend aristocrat stocks, others hail it as being amongst the best dividend aristocrats, with a quarterly dividend of $0.13 announced. The SEC 10-Q report and potential buyout by Berry Global are awaited by investors with bated breath.
Amcor Plcs AMCR News Analytics from Fri, 02 Aug 2019 18:20:26 GMT to Fri, 21 Feb 2025 08:17:58 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -4
