Dynasty Wealth Management LLC Purchases New Shares in Smurfit Westrock Ltd (NYSE:SW)

Dynasty Wealth Management LLC bought a new position in shares of Smurfit Westrock Ltd (NYSE:SW - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 16,711 shares of the company's stock, valued at approximately $900,000.

A number of other institutional investors also recently bought and sold shares of the company. Retirement Wealth Solutions LLC purchased a new stake in shares of Smurfit Westrock in the 4th quarter valued at approximately $25,000. Versant Capital Management Inc purchased a new stake in shares of Smurfit Westrock in the 4th quarter valued at approximately $27,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of Smurfit Westrock by 117.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 516 shares of the company's stock valued at $28,000 after acquiring an additional 279 shares during the period. Deseret Mutual Benefit Administrators purchased a new stake in shares of Smurfit Westrock in the 4th quarter valued at approximately $30,000. Finally, Spire Wealth Management purchased a new stake in shares of Smurfit Westrock in the 4th quarter valued at approximately $36,000. 83.38% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Ken Bowles sold 24,225 shares of the company's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $55.06, for a total value of $1,333,828.50. Following the completion of the transaction, the insider now owns 111,458 shares in the company, valued at approximately $6,136,877.48. This represents a 17.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Alvaro Henao sold 4,000 shares of the company's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $53.90, for a total transaction of $215,600.00. Following the completion of the transaction, the insider now owns 44,361 shares of the company's stock, valued at approximately $2,391,057.90. The trade was a 8.27 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by company insiders.

Smurfit Westrock Stock Down 3.8 %

NYSE SW traded down $2.00 on Monday, hitting $50.07. 3,654,759 shares of the stock were exchanged, compared to its average volume of 4,586,015. The company has a quick ratio of 0.89, a current ratio of 1.37 and a debt-to-equity ratio of 0.72. Smurfit Westrock Ltd has a fifty-two week low of $38.55 and a fifty-two week high of $56.99. The company has a market cap of $26.06 billion, a PE ratio of 91.04 and a beta of 1.02. The company has a 50-day moving average price of $53.51 and a 200-day moving average price of $50.68.

Smurfit Westrock (NYSE:SW - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.33). Smurfit Westrock had a return on equity of 6.16% and a net margin of 0.63%. Sell-side analysts anticipate that Smurfit Westrock Ltd will post 3.25 EPS for the current fiscal year.

Smurfit Westrock Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.4308 per share. This represents a $1.72 annualized dividend and a yield of 3.44%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Smurfit Westrock's previous quarterly dividend of $0.30. Smurfit Westrock's payout ratio is 312.73%.

Wall Street Analysts Forecast Growth

SW has been the topic of a number of research analyst reports. Royal Bank of Canada reissued an "outperform" rating and issued a $58.00 price target on shares of Smurfit Westrock in a research note on Friday, November 15th. Argus assumed coverage on shares of Smurfit Westrock in a report on Thursday, December 5th. They issued a "buy" rating and a $62.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on shares of Smurfit Westrock from $65.00 to $69.00 and gave the company an "overweight" rating in a report on Friday, November 29th. Citigroup lifted their price objective on shares of Smurfit Westrock from $61.00 to $62.00 and gave the company a "buy" rating in a report on Monday, January 6th. Finally, Morgan Stanley lifted their price objective on shares of Smurfit Westrock from $60.00 to $64.00 and gave the company an "overweight" rating in a report on Thursday, November 14th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $60.70.

Smurfit Westrock Profile

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.