Davis Capital Management Makes New Investment in Amcor PLC $AMCR

Posted by George Bondi on Oct 8th, 2026

Davis Capital Management acquired a new position in shares of Amcor PLC (NYSE:AMCR – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,724 shares of the company’s stock, valued at approximately $574,000.

Several other large investors have also added to or reduced their stakes in AMCR. Bangor Savings Bank purchased a new position in Amcor during the 2nd quarter valued at about $26,000. AdvisorNet Financial Inc bought a new position in shares of Amcor in the first quarter valued at approximately $25,000. Western Wealth Management LLC bought a new position in shares of Amcor in the first quarter valued at approximately $27,000. Palladiem LLC purchased a new position in Amcor during the first quarter valued at approximately $34,000. Finally, Root Financial Partners LLC bought a new stake in Amcor during the 1st quarter worth approximately $41,000. Institutional investors own 45.14% of the company’s stock.

Analyst Ratings Changes

AMCR has been the subject of several analyst reports. Truist Financial set a $51.00 price target on shares of Amcor in a report on Tuesday, August 18th. BMO Capital Markets assumed coverage on shares of Amcor in a report on Thursday, July 16th. They issued a “market perform” rating and a $47.00 price target on the stock. Bank of America increased their price objective on Amcor from $48.00 to $51.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Wells Fargo & Company boosted their target price on Amcor from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Friday, August 14th. Finally, UBS Group started coverage on shares of Amcor in a research report on Tuesday, August 11th. They set a “buy” rating and a $56.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $49.49.

Read Our Latest Stock Analysis on Amcor

Amcor Price Performance

NYSE:AMCR traded up $0.58 during mid-day trading on Thursday, reaching $41.84. The stock had a trading volume of 4,923,946 shares, compared to its average volume of 4,626,813. The stock has a market capitalization of $19.34 billion, a P/E ratio of 17.73, a P/E/G ratio of 2.28 and a beta of 0.58. The firm has a 50 day moving average price of $44.75 and a two-hundred day moving average price of $42.11. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.76 and a current ratio of 1.25. Amcor PLC has a one year low of $36.25 and a one year high of $50.94.

Amcor (NYSE:AMCR – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.19 by $0.04. The firm had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.05 billion. Amcor had a net margin of 4.71% and a return on equity of 15.92%. The business’s revenue was up 25.9% compared to the same quarter last year. During the same period last year, the firm posted $0.20 earnings per share. As a group, analysts expect that Amcor PLC will post 1.84 earnings per share for the current year.

Amcor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Friday, September 4th were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date was Friday, September 4th. Amcor’s dividend payout ratio (DPR) is presently 110.17%.

About Amcor

(Free Report)

Amcor plc (NYSE: AMCR) is a global packaging company that develops and produces packaging for food, beverages, pharmaceutical and medical products, personal care items, household goods and other consumer and industrial applications. Its portfolio includes flexible packaging, rigid containers, films, laminates, bags, bottles, closures, cartons and specialty packaging solutions.

The company works with brand owners and manufacturers to design packaging that supports product protection, shelf life, convenience and presentation.