Smurfit Westrock Ltd (NYSE:SW) Stock Position Lifted by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. boosted its position in shares of Smurfit Westrock Ltd (NYSE:SW - Free Report) by 7.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 190,906 shares of the company's stock after acquiring an additional 13,947 shares during the period. Fuller & Thaler Asset Management Inc.'s holdings in Smurfit Westrock were worth $10,282,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Retirement Wealth Solutions LLC acquired a new position in shares of Smurfit Westrock in the 4th quarter valued at $25,000. Versant Capital Management Inc acquired a new position in Smurfit Westrock during the fourth quarter worth about $27,000. MassMutual Private Wealth & Trust FSB lifted its stake in Smurfit Westrock by 117.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 516 shares of the company's stock worth $28,000 after purchasing an additional 279 shares in the last quarter. Deseret Mutual Benefit Administrators acquired a new stake in shares of Smurfit Westrock in the 4th quarter worth $30,000. Finally, Spire Wealth Management acquired a new stake in shares of Smurfit Westrock during the 4th quarter worth approximately $36,000. 83.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Smurfit Westrock

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

Smurfit Westrock Price Performance

Shares of NYSE SW traded up $0.33 on Monday, hitting $42.56. The company's stock had a trading volume of 3,121,019 shares, compared to its average volume of 4,739,055. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.37 and a quick ratio of 0.89. Smurfit Westrock Ltd has a 12-month low of $37.01 and a 12-month high of $56.99. The company has a market capitalization of $22.22 billion, a price-to-earnings ratio of 77.38 and a beta of 1.00. The stock has a 50 day moving average of $45.09 and a 200-day moving average of $49.81.

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

Smurfit Westrock Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Friday, February 14th were given a dividend of $0.4308 per share. This represents a $1.72 dividend on an annualized basis and a yield of 4.05%. This is a boost from Smurfit Westrock's previous quarterly dividend of $0.30. The ex-dividend date was Friday, February 14th. Smurfit Westrock's payout ratio is 312.73%.

Wall Street Analyst Weigh In

SW has been the subject of several recent research reports. Citigroup raised their price objective on shares of Smurfit Westrock from $61.00 to $62.00 and gave the company a "buy" rating in a research note on Monday, January 6th. Wells Fargo & Company decreased their price objective on Smurfit Westrock from $53.00 to $43.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Truist Financial decreased their price objective on Smurfit Westrock from $62.00 to $50.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Royal Bank of Canada set a $57.00 price target on shares of Smurfit Westrock in a report on Tuesday, April 22nd. Finally, Morgan Stanley cut their price objective on Smurfit Westrock from $66.00 to $64.00 and set an "overweight" rating for the company in a research report on Tuesday, March 11th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $58.70.

Smurfit Westrock Company 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.