Amcor (NYSE:AMCR) Stock Acquired Rep. Thomas H. Kean, Jr.

Representative Thomas H. Kean, Jr. (R-New Jersey) recently bought shares of Amcor PLC (NYSE:AMCR). In a filing disclosed on September 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Amcor stock on August 15th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 8/25/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 8/25/2025.
• Purchased $1,001 – $15,000 in shares of Canadian Pacific Kansas City (NYSE:CP) on 8/22/2025.
• Sold $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 7/31/2025.
• Sold $15,001 – $50,000 in shares of Johnson & Johnson (NYSE:JNJ) on 7/31/2025.
• Purchased $15,001 – $50,000 in shares of Check Point Software Technologies (NASDAQ:CHKP) on 7/29/2025.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/29/2025.
• Purchased $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/21/2025.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 6/30/2025.
• Sold $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 6/26/2025.

Amcor Trading Up 0.9%

Shares of Amcor stock opened at $8.13 on Tuesday. The stock has a market capitalization of $11.74 billion, a P/E ratio of 22.57, a price-to-earnings-growth ratio of 1.05 and a beta of 0.72. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.18. The company has a 50-day simple moving average of $8.80 and a 200 day simple moving average of $9.14. Amcor PLC has a 12-month low of $7.90 and a 12-month high of $11.46.

Amcor (NYSE:AMCR) last announced its earnings results on Thursday, August 14th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The firm had revenue of $5.08 billion for the quarter, compared to analyst estimates of $5.18 billion. Amcor had a return on equity of 19.43% and a net margin of 3.40%.The company’s revenue for the quarter was up 43.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.21 EPS. Amcor has set its FY 2026 guidance at 0.800-0.830 EPS. Research analysts expect that Amcor PLC will post 0.74 earnings per share for the current fiscal year.

Amcor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Friday, September 5th were given a dividend of $0.1275 per share. The ex-dividend date was Friday, September 5th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 6.3%. Amcor’s dividend payout ratio (DPR) is 141.67%.

Institutional Investors Weigh In On Amcor

Several institutional investors have recently modified their holdings of AMCR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Amcor by 2.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 247,624 shares of the company’s stock worth $2,323,000 after buying an additional 5,570 shares during the period. Nuveen Asset Management LLC grew its position in shares of Amcor by 0.9% during the 4th quarter. Nuveen Asset Management LLC now owns 2,998,923 shares of the company’s stock worth $28,220,000 after buying an additional 27,406 shares during the period. Man Group plc acquired a new stake in shares of Amcor during the 4th quarter worth approximately $2,462,000. Rafferty Asset Management LLC grew its position in shares of Amcor by 12.5% during the 4th quarter. Rafferty Asset Management LLC now owns 125,451 shares of the company’s stock worth $1,180,000 after buying an additional 13,890 shares during the period. Finally, Two Sigma Investments LP bought a new position in Amcor during the 4th quarter worth approximately $9,027,000. Institutional investors and hedge funds own 45.14% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on AMCR. Robert W. Baird dropped their target price on shares of Amcor from $11.00 to $10.00 and set a “neutral” rating for the company in a research report on Friday, August 15th. Truist Financial set a $11.00 price objective on shares of Amcor and gave the company a “buy” rating in a research report on Friday, July 11th. Jefferies Financial Group started coverage on shares of Amcor in a research report on Wednesday, July 2nd. They issued a “buy” rating and a $12.00 price objective for the company. UBS Group upgraded shares of Amcor from a “neutral” rating to a “buy” rating in a research report on Thursday, June 26th. Finally, The Goldman Sachs Group started coverage on shares of Amcor in a research report on Wednesday, September 10th. They issued a “buy” rating for the company. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $11.21.

Insiders Place Their Bets

In other news, Director Stephen E. Sterrett acquired 10,000 shares of Amcor stock in a transaction that occurred on Tuesday, August 19th. The shares were acquired at an average price of $8.55 per share, with a total value of $85,500.00. Following the purchase, the director directly owned 10,000 shares of the company’s stock, valued at $85,500. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.32% of the stock is owned by insiders.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

Amcor Company Profile

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.