Zacks Research Weighs in on Amcor plc’s Q1 2026 Earnings (NYSE:AMCR)

Amcor plc (NYSE:AMCR) – Equities researchers at Zacks Research raised their Q1 2026 EPS estimates for shares of Amcor in a note issued to investors on Wednesday, October 2nd. Zacks Research analyst M. Das now forecasts that the company will earn $0.18 per share for the quarter, up from their prior forecast of $0.17. The consensus estimate for Amcor’s current full-year earnings is $0.75 per share. Zacks Research also issued estimates for Amcor’s Q4 2026 earnings at $0.21 EPS and FY2026 earnings at $0.78 EPS.

A number of other equities research analysts have also recently commented on the company. Citigroup increased their target price on Amcor from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 20th. JPMorgan Chase & Co. raised their price objective on shares of Amcor from $10.00 to $11.10 and gave the company an “overweight” rating in a research note on Tuesday, August 13th. Stifel Nicolaus assumed coverage on shares of Amcor in a research note on Tuesday, July 9th. They issued a “hold” rating and a $10.80 target price on the stock. Robert W. Baird increased their price target on shares of Amcor from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Friday, August 16th. Finally, Wells Fargo & Company boosted their price objective on shares of Amcor from $9.80 to $10.50 and gave the stock an “equal weight” rating in a report on Friday, August 16th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Amcor presently has a consensus rating of “Hold” and a consensus price target of $10.73.

Amcor Stock Performance

Amcor stock opened at $11.20 on Friday. Amcor has a twelve month low of $8.45 and a twelve month high of $11.48. The company has a quick ratio of 0.69, a current ratio of 1.17 and a debt-to-equity ratio of 1.67. The company has a market capitalization of $16.19 billion, a P/E ratio of 24.89, a PEG ratio of 2.73 and a beta of 0.85. The stock’s 50 day moving average is $10.95 and its 200 day moving average is $10.15.

Amcor (NYSE:AMCR) last announced its quarterly earnings data on Thursday, August 15th. The company reported $0.21 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.21. Amcor had a net margin of 5.35% and a return on equity of 25.45%. The business had revenue of $3.54 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the prior year, the company earned $0.19 earnings per share. The business’s revenue was down 3.8% compared to the same quarter last year.

Amcor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Friday, September 6th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date was Friday, September 6th. Amcor’s dividend payout ratio (DPR) is presently 111.11%.

Hedge Funds Weigh In On Amcor

Institutional investors have recently made changes to their positions in the business. M&G Plc boosted its stake in Amcor by 2,741.7% in the 2nd quarter. M&G Plc now owns 47,164,358 shares of the company’s stock worth $471,644,000 after purchasing an additional 45,504,608 shares during the period. Wellington Management Group LLP bought a new stake in Amcor in the fourth quarter worth about $155,438,000. AQR Capital Management LLC boosted its position in shares of Amcor by 356.1% during the second quarter. AQR Capital Management LLC now owns 2,930,317 shares of the company’s stock valued at $28,659,000 after buying an additional 2,287,826 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Amcor by 11.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 20,604,159 shares of the company’s stock valued at $195,946,000 after buying an additional 2,086,698 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Amcor by 11.6% in the second quarter. Dimensional Fund Advisors LP now owns 14,721,829 shares of the company’s stock worth $143,989,000 after buying an additional 1,527,492 shares during the period. Institutional investors own 45.14% of the company’s stock.

About Amcor

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.