Mount Yale Investment Advisors LLC Buys Shares of 8,259 Smurfit Westrock Ltd (NYSE:SW)

Mount Yale Investment Advisors LLC acquired a new stake in shares of Smurfit Westrock Ltd (NYSE:SW - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,259 shares of the company's stock, valued at approximately $445,000.

Several other large investors have also recently made changes to their positions in SW. Mather Group LLC. purchased a new position in Smurfit Westrock during the 3rd quarter valued at approximately $25,000. Retirement Wealth Solutions LLC purchased a new position in shares of Smurfit Westrock in the fourth quarter valued at $25,000. CVA Family Office LLC bought a new stake in Smurfit Westrock in the third quarter worth $26,000. Versant Capital Management Inc purchased a new stake in Smurfit Westrock during the fourth quarter valued at $27,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Smurfit Westrock by 117.7% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 516 shares of the company's stock valued at $28,000 after purchasing an additional 279 shares during the last quarter. 83.38% of the stock is owned by institutional investors.

Smurfit Westrock Trading Down 1.4 %

Shares of NYSE:SW traded down $0.76 during trading on Wednesday, reaching $53.58. 3,586,690 shares of the company were exchanged, compared to its average volume of 2,854,872. The business's fifty day simple moving average is $53.99 and its 200-day simple moving average is $49.16. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.48 and a quick ratio of 0.98. Smurfit Westrock Ltd has a 12-month low of $38.55 and a 12-month high of $56.99. The firm has a market capitalization of $27.87 billion, a PE ratio of 297.66 and a beta of 1.03.

Smurfit Westrock (NYSE:SW - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.23). Smurfit Westrock had a positive return on equity of 5.98% and a negative net margin of 0.12%. The firm had revenue of $7.67 billion for the quarter, compared to analysts' expectations of $8.04 billion. During the same quarter in the previous year, the business earned $0.81 earnings per share. On average, research analysts anticipate that Smurfit Westrock Ltd will post 2.65 EPS for the current year.

Analysts Set New Price Targets

SW has been the topic of several recent research reports. Barclays upped their target price on shares of Smurfit Westrock from $60.00 to $68.00 and gave the company an "overweight" rating in a research report on Wednesday, December 11th. Truist Financial began coverage on Smurfit Westrock in a research report on Tuesday, January 21st. They set a "buy" rating and a $62.00 price objective on the stock. Wells Fargo & Company dropped their target price on Smurfit Westrock from $53.00 to $50.00 and set an "equal weight" rating for the company in a report on Monday, October 7th. Royal Bank of Canada restated an "outperform" rating and set a $58.00 price target on shares of Smurfit Westrock in a report on Friday, November 15th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Smurfit Westrock from $65.00 to $69.00 and gave the company an "overweight" rating in a research report on Friday, November 29th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $60.70.

Insider Activity

In other news, insider Saverio Mayer sold 25,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $54.84, for a total transaction of $1,371,000.00. Following the transaction, the insider now directly owns 149,911 shares in the company, valued at approximately $8,221,119.24. This trade represents a 14.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.49% of the company's stock.

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.