Tred Avon Family Wealth LLC Takes $640,000 Position in Amcor PLC $AMCR

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Tred Avon Family Wealth LLC has initiated a new position in Amcor PLC, acquiring 76,775 shares valued at approximately $640,000 during the fourth quarter. This move is part of broader institutional activity, with hedge funds and other institutional investors owning 45.14% of Amcor’s stock. Analysts generally rate Amcor as a “Moderate Buy” with an average target price of $50.89, though concerns remain about the sustainability of its 6.2% dividend yield due to a high payout ratio of 169.93%.

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