Catalytic Wealth RIA LLC Makes New $520,000 Investment in Smurfit Westrock Ltd (NYSE:SW)

Catalytic Wealth RIA LLC bought a new stake in Smurfit Westrock Ltd (NYSE:SW - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,519 shares of the company's stock, valued at approximately $520,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mather Group LLC. purchased a new position in shares of Smurfit Westrock in the third quarter valued at about $25,000. CVA Family Office LLC purchased a new position in shares of Smurfit Westrock in the third quarter valued at approximately $26,000. ORG Wealth Partners LLC acquired a new stake in shares of Smurfit Westrock in the 3rd quarter valued at about $32,000. Waldron Private Wealth LLC purchased a new stake in Smurfit Westrock during the 3rd quarter worth about $35,000. Finally, Cromwell Holdings LLC purchased a new position in shares of Smurfit Westrock in the third quarter valued at $42,000. Institutional investors own 83.38% of the company's stock.

Smurfit Westrock Price Performance

Shares of SW traded down $1.65 during midday trading on Tuesday, reaching $50.66. 2,940,800 shares of the stock were exchanged, compared to its average volume of 5,276,959. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.48 and a quick ratio of 0.98. The firm has a 50-day simple moving average of $47.18. The stock has a market cap of $26.31 billion, a P/E ratio of 290.61 and a beta of 1.04. Smurfit Westrock Ltd has a twelve month low of $38.55 and a twelve month high of $54.32.

Smurfit Westrock Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Friday, November 15th will be issued a $0.3025 dividend. This represents a $1.21 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date of this dividend is Friday, November 15th. Smurfit Westrock's payout ratio is 672.22%.

Analysts Set New Price Targets

SW has been the subject of several recent analyst reports. Wells Fargo & Company decreased their price target on Smurfit Westrock from $53.00 to $50.00 and set an "equal weight" rating for the company in a research note on Monday, October 7th. Royal Bank of Canada raised Smurfit Westrock from a "sector perform" rating to an "outperform" rating and lifted their price target for the stock from $52.00 to $58.00 in a report on Thursday, October 31st. Morgan Stanley assumed coverage on Smurfit Westrock in a research report on Friday, July 19th. They set an "overweight" rating and a $60.00 target price on the stock. JPMorgan Chase & Co. reduced their price objective on Smurfit Westrock from $66.00 to $65.00 and set an "overweight" rating for the company in a report on Wednesday, July 31st. Finally, Redburn Atlantic began coverage on shares of Smurfit Westrock in a research note on Friday, August 23rd. They issued a "buy" rating and a $60.00 price target for the company. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $57.43.

About Smurfit Westrock

Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland and internationally. The company produces containerboard that it converts into corrugated containers or sells to third parties, as well as produces other types of paper, such as consumer packaging board, sack paper, graphic paper, solid board and graphic board, and other paper-based packaging products, such as consumer packaging, solid board packaging, paper sacks, and other packaging products, including bag-in-box.