Amcor Plcs AMCR is in the center of notable movement among investors and financial institutions.
Franklin Resources Inc., JPMorgan Chase & Co., and NINE MASTS CAPITAL Ltd have significantly increased their holdings in the company, indicating a bullish trend. This corresponds with Truist Financial's bullish stance on the company. Amcor has made headlines on the enhancing sentiments of its dividends, announcing a raise to
$0.13. Interestingly, Amcor's shares have been extensively bought by many, including Cetera Investment Advisers and Legal & General Group Plc. However, it's crucial to consider the company's recent underperformance as it hit its 52-week low at
$8.15 per share. Their fiscal Q4 results showed strong performance, putting them in the spotlight. Despite some fear around Amcor's sluggish results being a problem, the stock remains attractive due to their recent dividend hike and strong Q1 earnings. Overall, it seems prospective for investors looking at high dividend yielding companies. Amcor's efforts are geared towards eco-friendly packaging which could potentially drive future growth.
Amcor Plcs AMCR News Analytics from Mon, 03 Mar 2025 08:00:00 GMT to Sat, 29 Nov 2025 13:40:30 GMT -
Rating 7
- Innovation 4
- Information 9
- Rumor 3
