Trinity Street Asset Management 13F: Adds $28M to SW Stake

Trinity Street Asset Management boosted its stake in Smurfit Westrock Plc (NYSE: SW) by adding 625,420 shares, bringing its total holdings to about 5.9 million shares valued at $259.6 million, according to a filing on October 16, 2026.

This increase reflects a 11.9% rise in its position since the previous reporting period. As of now, Trinity Street holds 5,886,975 shares in the company.

Other Institutional Activity in Smurfit Westrock

Several other institutional investors have also adjusted their stakes in Smurfit Westrock. Blackrock Inc. raised its holdings by 690,026 shares, ending up with approximately 45.5 million shares worth $1.87 billion. State Street Corporation increased its position by 2.8 million shares, now holding around 28.1 million shares valued at about $1.16 billion. Capital Research Global Investors added 3.7 million shares, bringing its total to about 42.6 million shares worth $1.75 billion.

Smurfit Westrock Plc Stock Down 0.1%

Smurfit Westrock shares recently traded around $41.18, which is below both the 50-day and 200-day moving averages, by about 9.4% and 5.1%, respectively. They are also about 21.8% below the 52-week high of $52.65, although they remain 25.8% above the 52-week low of $32.73. The stock's recent trading positions indicate some challenges, as it is currently valued below its average target price of $56.78 set by analysts.

Recent Earnings

Smurfit Westrock reported trailing twelve-month revenue of approximately $31.3 billion, with an earnings per share (EPS) of $0.95. The next earnings report is scheduled for October 28, 2026.

Analysts Set New Price Targets

On October 16, 2026, RBC Capital maintained an 'Outperform' rating on Smurfit Westrock with a price target of $55. Earlier, Citigroup and Truist Securities also reiterated their positive ratings, with price targets of $54 and $54, respectively. The consensus recommendation among analysts remains strong, with a mean target price of about $56.78.

About Smurfit Westrock

Smurfit Westrock Plc is a leading provider of paper-based packaging solutions. It manufactures and sells containerboard and corrugated containers across various global markets. As the demand for sustainable packaging grows, the company's performance in the packaging and containers sector is crucial for its future growth.

Bottom Line

Trinity Street Asset Management's recent increase in Smurfit Westrock's shares highlights ongoing interest in the company amid varied market conditions. Investors should keep an eye on the upcoming earnings report on October 28, which may provide further insights into the company's performance. The filing reflects holdings as of the reporting period and may not represent current positions.