Thompson Siegel & Walmsley LLC Has $98.77 Million Stake in Smurfit Westrock PLC $SW

Thompson Siegel & Walmsley LLC lifted its holdings in Smurfit Westrock PLC (NYSE:SW) by 4.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,554,035 shares of the company’s stock after buying an additional 104,219 shares during the period. Smurfit Westrock comprises approximately 1.7% of Thompson Siegel & Walmsley LLC’s holdings, making the stock its 3rd largest position. Thompson Siegel & Walmsley LLC’s holdings in Smurfit Westrock were worth $98,765,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. TD Waterhouse Canada Inc. raised its position in shares of Smurfit Westrock by 113.3% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 640 shares of the company’s stock worth $27,000 after acquiring an additional 340 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Smurfit Westrock in the 4th quarter worth about $28,000. CYBER HORNET ETFs LLC bought a new stake in Smurfit Westrock in the 2nd quarter valued at about $29,000. Clearstead Advisors LLC increased its position in Smurfit Westrock by 231.8% in the 4th quarter. Clearstead Advisors LLC now owns 1,327 shares of the company’s stock valued at $51,000 after buying an additional 927 shares in the last quarter. Finally, Fideuram Asset Management Ireland dac bought a new stake in Smurfit Westrock in the 4th quarter valued at about $61,000. 83.38% of the stock is owned by institutional investors.

Smurfit Westrock Trading Up 0.0%

NYSE:SW opened at $41.15 on Monday. The company has a current ratio of 1.44, a quick ratio of 0.95 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $21.58 billion, a PE ratio of 57.16 and a beta of 0.96. The firm’s 50 day moving average is $39.94 and its 200 day moving average is $40.53. Smurfit Westrock PLC has a 12 month low of $32.73 and a 12 month high of $52.65.

Smurfit Westrock (NYSE:SW) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). The company had revenue of $7.71 billion during the quarter, compared to the consensus estimate of $7.57 billion. Smurfit Westrock had a return on equity of 4.96% and a net margin of 1.22%.The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the firm posted $0.74 EPS. Sell-side analysts expect that Smurfit Westrock PLC will post 2.32 earnings per share for the current year.

Smurfit Westrock Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a $0.4523 dividend. This represents a $1.81 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, May 15th. Smurfit Westrock’s payout ratio is 251.39%.

Analyst Ratings Changes

A number of brokerages recently commented on SW. Zacks Research raised Smurfit Westrock from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. Barclays cut their price target on Smurfit Westrock from $54.00 to $52.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. Citigroup cut their price target on Smurfit Westrock from $53.00 to $51.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Truist Financial set a $50.00 price target on Smurfit Westrock in a research note on Friday, May 1st. Finally, Morgan Stanley restated an “overweight” rating and issued a $57.00 target price on shares of Smurfit Westrock in a research note on Wednesday, May 6th. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $53.00.

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.