Smurfit Westrock plc
No SEC Form 4 filings for $SW in the last 30 days.
Smurfit Westrock said it plans to delist from the London Stock Exchange after reviewing its LSE listing costs and trading activity, according to the company. It will seek FCA cancellation of its LSE listing and LSE cancellation of trading. The delisting is expected to take effect at 8:00 a.m. UK time on 22 June 2026, with last LSE trading on 19 June.
Smurfit Westrock plc stock fell 8% this week, trading near $37 per share, due to investor focus on improving demand but lingering margin recovery issues in the packaging sector. Despite a recent merger for greater scale, the company's LSE delisting and target price cuts by analysts impacted sentiment, with RBC and Barclays lowering their price targets while maintaining favorable ratings. Management reaffirmed its full-year 2026 adjusted EBITDA guidance, noting a stronger industry outlook, and the stock appears undervalued by TIKR's model, suggesting an upside if merger benefits and pricing actions translate to higher EBITDA.
Tredje AP fonden significantly reduced its stake in Smurfit Westrock PLC by 84.1% in the fourth quarter, now holding 68,132 shares valued at $2.64 million. Despite this reduction, Wall Street analysts maintain a "Moderate Buy" rating with a consensus target price of $53.18. Smurfit Westrock reported mixed quarterly results, beating revenue expectations but missing EPS, and declared a quarterly dividend of $0.4523 per share.
