Mount Yale Investment Advisors LLC Makes New $445,000 Investment in Smurfit Westrock Ltd (NYSE:SW)

Mount Yale Investment Advisors LLC purchased a new position in Smurfit Westrock Ltd (NYSE:SW) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,259 shares of the company’s stock, valued at approximately $445,000.

Several other institutional investors and hedge funds have also made changes to their positions in SW. MassMutual Private Wealth & Trust FSB lifted its position in Smurfit Westrock by 117.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 516 shares of the company’s stock worth $28,000 after acquiring an additional 279 shares during the period. Contravisory Investment Management Inc. raised its stake in shares of Smurfit Westrock by 2.6% in the fourth quarter. Contravisory Investment Management Inc. now owns 14,189 shares of the company’s stock worth $764,000 after purchasing an additional 365 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of Smurfit Westrock during the fourth quarter worth about $25,000. Mather Group LLC. purchased a new stake in Smurfit Westrock in the third quarter valued at approximately $25,000. Finally, Versant Capital Management Inc acquired a new position in Smurfit Westrock in the 4th quarter worth approximately $27,000. 83.38% of the stock is currently owned by institutional investors and hedge funds.

Smurfit Westrock Trading Down 0.8 %

NYSE SW opened at $54.42 on Wednesday. The firm has a market cap of $28.31 billion, a PE ratio of 302.33 and a beta of 1.03. The business has a 50-day simple moving average of $53.96. The company has a quick ratio of 0.98, a current ratio of 1.48 and a debt-to-equity ratio of 0.73. Smurfit Westrock Ltd has a twelve month low of $38.55 and a twelve month high of $56.99.

Smurfit Westrock (NYSE:SW) last announced its earnings results on Wednesday, October 30th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.23). The business had revenue of $7.67 billion for the quarter, compared to analysts’ expectations of $8.04 billion. Smurfit Westrock had a negative net margin of 0.12% and a positive return on equity of 5.98%. During the same quarter last year, the business earned $0.81 EPS. Equities analysts predict that Smurfit Westrock Ltd will post 2.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Truist Financial initiated coverage on shares of Smurfit Westrock in a research note on Tuesday, January 21st. They set a “buy” rating and a $62.00 price objective for the company. Citigroup boosted their target price on shares of Smurfit Westrock from $61.00 to $62.00 and gave the company a “buy” rating in a research report on Monday, January 6th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $58.00 price target on shares of Smurfit Westrock in a research report on Friday, November 15th. Wells Fargo & Company reduced their price objective on Smurfit Westrock from $53.00 to $50.00 and set an “equal weight” rating for the company in a research note on Monday, October 7th. Finally, Barclays upped their target price on Smurfit Westrock from $60.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 11th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Smurfit Westrock has a consensus rating of “Moderate Buy” and a consensus target price of $60.70.

Insider Activity

In other news, insider Saverio Mayer sold 25,000 shares of Smurfit Westrock stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $54.84, for a total value of $1,371,000.00. Following the sale, the insider now directly owns 149,911 shares of the company’s stock, valued at $8,221,119.24. The trade was a 14.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.49% of the company’s stock.

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.