<div id="readability-page-1"><p>Amcor PLC (NYSE:AMCR - Free Report)'s stock is going to reverse split on the morning of Thursday, January 15th. The 1-5 reverse split was announced on Thursday, December 11th. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, January 14th.</p><h2>Amcor Trading Up 1.6%</h2><ul><li>4 Stocks That May Get a Big Earnings Bump This Week</li></ul><p>NYSE AMCR opened at $8.46 on Tuesday. The company has a market capitalization of $19.49 billion, a PE ratio of 24.87, a P/E/G ratio of 0.82 and a beta of 0.68. Amcor has a 12 month low of $7.66 and a 12 month high of $10.45. The company has a current ratio of 1.04, a quick ratio of 0.62 and a debt-to-equity ratio of 1.09. The stock has a 50-day simple moving average of $8.31 and a 200 day simple moving average of $8.66. </p><p>Amcor (NYSE:AMCR - Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. The firm had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.77 billion. Amcor had a return on equity of 17.35% and a net margin of 3.34%.The business's revenue for the quarter was up 71.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.16 earnings per share.  Research analysts forecast that  Amcor will post 0.74 EPS for the current year. </p><h2>Amcor Increases Dividend</h2><ul><li>3 Overlooked Dividend Plays for Income in Volatile Times</li></ul><p>The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Friday, November 28th were given a $0.13 dividend. The ex-dividend date was Friday, November 28th. This is a positive change from Amcor's previous quarterly dividend of $0.13. This represents a $0.52 dividend on an annualized basis and a dividend yield of 6.2%. Amcor's dividend payout ratio  is presently 152.94%. </p><h2>Analyst Ratings Changes</h2><p>Several research firms have recently issued reports on AMCR. The Goldman Sachs Group began coverage on shares of Amcor in a research report on Wednesday, September 10th. They set a &#34;buy&#34; rating on the stock. Morgan Stanley  reiterated an &#34;overweight&#34; rating and set a $11.50 price objective on shares of Amcor in a research note on Wednesday, November 12th. Wells Fargo &amp; Company lowered their price target on shares of Amcor from $11.00 to $9.00 and set an &#34;overweight&#34; rating on the stock in a report on Wednesday, October 15th. Weiss Ratings  restated a &#34;hold (c-)&#34; rating on shares of Amcor in a research report on Wednesday, October 8th. Finally, JPMorgan Chase &amp; Co. initiated coverage on Amcor in a research note on Friday, September 19th. They issued an &#34;overweight&#34; rating and a $10.00 price objective for the company. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $10.71.</p><ul><li>Safe Space? 3 Dividend Aristocrats With 5% Yield </li></ul><p><b>Check Out Our Latest Analysis on AMCR</b></p><h2>Institutional Inflows and Outflows</h2><p>Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewSquare Capital LLC increased its position in shares of  Amcor by 377.9% in the second quarter. NewSquare Capital LLC now owns 2,810 shares of the company's stock worth $26,000 after purchasing an additional 2,222 shares during the period.  Quent Capital LLC bought a new position in shares of  Amcor in the third quarter valued at approximately $27,000.  AdvisorNet Financial Inc boosted its stake in shares of  Amcor by 839.8% in the 2nd quarter. AdvisorNet Financial Inc now owns 3,026 shares of the company's stock valued at $28,000 after purchasing an additional 2,704 shares in the last quarter.  Adirondack Trust Co. bought a new position in shares of  Amcor during the second quarter valued at approximately $29,000.  Finally, Bartlett &amp; CO. Wealth Management LLC purchased a new position in  Amcor during the second quarter valued at $33,000. 45.14% of the stock is owned by institutional investors and hedge funds. </p><h2>Amcor Company Profile</h2> (Get Free Report)<p>Amcor <span>NYSE: AMCR<span></span></span> 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.  </p><p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Amcor</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>Do not delete, read immediately</li><li>$100 Trillion “AI Metal” Found in American Ghost Town</li><li>Drop these 5 stocks now!</li><li>Trump’s new AI budget just passed — one stock could soar</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Amcor Right Now?</h2><p>Before you consider Amcor, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amcor wasn't on the list.</p><p>While Amcor currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AMCR

<p>Amcor PLC (NYSE:AMCR) is set to undergo a 1-5 reverse stock split on January 15th, following an announcement made on December 11th. Shareholders will see their share counts adjusted after the market closes on January 14th. The company recently reported quarterly earnings of $0.19 per share, meeting expectations, with revenue of $5.75 billion. Amcor also declared a quarterly dividend of $0.13, reflecting a 6.2% yield. Analysts have given the stock a consensus rating of "Moderate Buy" with an average price target of $10.71.</p>

Amcor (NYSE:AMCR) Shares to Reverse Split on Thursday, January 15th