Wed Sep 25 09:25:59 UTC 2024: ## Epoch Investment Partners Drastically Cuts Amcor plc Stake

**NEW YORK, NY -** Epoch Investment Partners Inc. significantly reduced its holdings in Amcor plc (NYSE:AMCR) by 97.5% in the second quarter, according to a recent filing with the Securities & Exchange Commission.

The firm, which previously held a substantial stake in Amcor, now owns only 31,035 shares of the company’s stock. The move represents a dramatic shift in the firm’s investment strategy regarding the packaging giant.

Epoch Investment Partners did not disclose the reason behind the significant reduction in its Amcor holdings. The move comes amidst a turbulent market landscape and may reflect broader portfolio adjustments.

Amcor plc is a leading global packaging company, specializing in a range of solutions for consumer products, food, healthcare, and other industries.

**Market Impact:** The impact of this move on Amcor’s stock price remains unclear. However, analysts are watching closely to see if the trend of major investors divesting from Amcor will continue.

Read More