Legato Capital Management LLC Buys New Stake in Amcor PLC $AMCR

Posted by on May 28th, 2026

Legato Capital Management LLC bought a new stake in shares of Amcor PLC (NYSE:AMCR – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 43,626 shares of the company’s stock, valued at approximately $364,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMCR. M&G PLC lifted its position in Amcor by 26.6% during the third quarter. M&G PLC now owns 108,333,984 shares of the company’s stock valued at $866,672,000 after purchasing an additional 22,737,979 shares during the period. Federated Hermes Inc. lifted its position in Amcor by 103.9% during the third quarter. Federated Hermes Inc. now owns 39,344,317 shares of the company’s stock valued at $321,837,000 after purchasing an additional 20,052,979 shares during the period. AQR Capital Management LLC lifted its position in Amcor by 398.6% during the second quarter. AQR Capital Management LLC now owns 16,015,722 shares of the company’s stock valued at $147,184,000 after purchasing an additional 12,803,785 shares during the period. Invesco Ltd. lifted its position in Amcor by 29.9% during the third quarter. Invesco Ltd. now owns 47,111,558 shares of the company’s stock valued at $385,373,000 after purchasing an additional 10,846,351 shares during the period. Finally, State Street Corp lifted its position in Amcor by 7.2% during the third quarter. State Street Corp now owns 139,077,241 shares of the company’s stock valued at $1,137,652,000 after purchasing an additional 9,375,255 shares during the period. 45.14% of the stock is currently owned by institutional investors and hedge funds.

Amcor Stock Up 1.8%

AMCR opened at $39.65 on Thursday. Amcor PLC has a twelve month low of $36.25 and a twelve month high of $50.94. The company has a quick ratio of 0.95, a current ratio of 1.44 and a debt-to-equity ratio of 1.30. The company has a 50-day moving average price of $39.50 and a 200 day moving average price of $42.31. The company has a market cap of $18.33 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 1.18 and a beta of 0.63.

Amcor (NYSE:AMCR – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.96 earnings per share for the quarter, hitting the consensus estimate of $0.96. Amcor had a net margin of 3.06% and a return on equity of 14.55%. The firm had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.71 billion. During the same quarter in the prior year, the firm earned $0.90 EPS. The company’s revenue for the quarter was up 77.4% on a year-over-year basis. Sell-side analysts expect that Amcor PLC will post 3.97 earnings per share for the current fiscal year.

Amcor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Thursday, May 28th will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 6.6%. The ex-dividend date is Thursday, May 28th. Amcor’s dividend payout ratio is 181.82%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Wells Fargo & Company set a $41.00 price objective on shares of Amcor and gave the stock an “equal weight” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. decreased their price objective on shares of Amcor from $50.00 to $44.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. Weiss Ratings upgraded shares of Amcor from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Amcor in a research report on Wednesday, April 1st. They issued a “buy” rating and a $50.00 price objective for the company. Finally, Morgan Stanley downgraded shares of Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 price objective for the company. in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $49.33.

Get Our Latest Stock Analysis on AMCR

Amcor Profile

(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.

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Institutional Ownership by Quarter for Amcor (NYSE:AMCR)

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