Amcor Plc has demonstrated significant activity in the financial markets recently.
Bank of New York Mellon Corp, Retirement Systems of Alabama, State of Michigan Retirement System, and Burney Co. have all boosted their holdings in the company while Ashton Thomas Private Wealth and Callan Family Office have established new stakes. The
dividend of the company has been increased to $0.13 per share, signaling strong confidence in future profitability. Amcor's performance in the latest quarter was solid, meeting earnings estimates and reporting revenue of $5.75 billion. Several firms including Stifel, Macquarie, Bank of America Securities, and Citi, continue to hold a bullish outlook on the company, noting its strong synergy potential. Moreover, Amcor has revealed to boost volumes and margins by 100 basis points, which was positively noted by Jefferies. Despite a few challenges leading to Amcor stock briefly hitting a 52-week low, the overall market sentiment remains favourable towards the company, with moderate to strong buy ratings being maintained by analysts. Furthermore, the company's first-quarter earnings for 2026 are eagerly anticipated in the market.
Amcor Plcs AMCR News Analytics from Tue, 22 Apr 2025 07:00:00 GMT to Sat, 08 Nov 2025 06:11:35 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor 2
