Varma Mutual Pension Insurance Co Acquires New Shares in Amcor PLC $AMCR
Varma Mutual Pension Insurance Co recently acquired over 1.28 million shares of Amcor PLC, valued at approximately $10.7 million, providing the fund with a 0.28% stake in the company. This acquisition comes as Amcor delivered strong third-quarter results, beating revenue estimates and meeting EPS consensus, leading to raised FY-2026 EPS guidance. Several other institutional investors also increased their holdings in Amcor, which currently holds a "Moderate Buy" average analyst rating with an average target price of $50.89.
https://www.marketbeat.com/instant-alerts/filing-varma-mutual-pension-insurance-co-acquires-new-shares-in-amcor-plc-amcr-2026-05-06/