Thrivent Financial for Lutherans Sells 33,919 Shares of Amcor PLC $AMCR

Posted by Brenda Bartman on May 17th, 2026

Thrivent Financial for Lutherans lessened its position in Amcor PLC (NYSE:AMCR – Free Report) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,034,184 shares of the company’s stock after selling 33,919 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Amcor were worth $58,667,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in AMCR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Amcor by 8.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 268,381 shares of the company’s stock valued at $2,596,000 after acquiring an additional 20,757 shares during the last quarter. Focus Partners Wealth increased its stake in Amcor by 11.3% in the first quarter. Focus Partners Wealth now owns 43,137 shares of the company’s stock valued at $418,000 after acquiring an additional 4,396 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Amcor in the second quarter valued at $138,000. Arrowstreet Capital Limited Partnership bought a new position in Amcor in the second quarter valued at $6,426,000. Finally, CW Advisors LLC bought a new position in Amcor in the second quarter valued at $228,000. Institutional investors own 45.14% of the company’s stock.

Amcor Stock Down 4.9%

Shares of NYSE:AMCR opened at $36.71 on Friday. The stock’s 50-day moving average price is $40.08 and its 200-day moving average price is $42.41. Amcor PLC has a 12-month low of $36.67 and a 12-month high of $50.94. The stock has a market capitalization of $16.97 billion, a P/E ratio of 25.67, a price-to-earnings-growth ratio of 1.11 and a beta of 0.63. The company has a current ratio of 1.44, a quick ratio of 0.95 and a debt-to-equity ratio of 1.30.

Amcor (NYSE:AMCR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.96 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.96. Amcor had a return on equity of 14.55% and a net margin of 3.06%.The firm had revenue of $5.91 billion for the quarter, compared to analysts’ expectations of $5.71 billion. During the same period last year, the firm earned $0.90 earnings per share. The company’s revenue for the quarter was up 77.4% compared to the same quarter last year. On average, equities analysts anticipate that Amcor PLC will post 3.97 earnings per share for the current year.

Amcor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Thursday, May 28th will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Thursday, May 28th. Amcor’s dividend payout ratio (DPR) is 181.82%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on AMCR shares. Wells Fargo & Company cut Amcor from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $48.00 to $43.00 in a research note on Friday, March 20th. Deutsche Bank Aktiengesellschaft started coverage on Amcor in a research note on Wednesday, April 1st. They issued a “buy” rating and a $50.00 target price on the stock. Weiss Ratings raised Amcor from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. reduced their target price on Amcor from $50.00 to $44.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Finally, Morgan Stanley cut Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 price objective on the stock. in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Amcor currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.56.

Get Our Latest Report on AMCR

About Amcor

(Free Report)

Amcor (NYSE: AMCR) is a global packaging company specializing in the design, development and production of flexible and rigid packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other consumer and industrial products. The company’s product portfolio encompasses flexible films, pouches, specialty cartons, rigid containers, metal closures and dispensing systems. Amcor’s packaging solutions are engineered to preserve product quality, extend shelf life and meet the specific requirements of a wide range of end markets.

Founded in its current form in 2005 following a spin-off from a mining conglomerate, Amcor expanded its capabilities and geographic footprint through organic investments and strategic acquisitions.