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Farmers & Merchants Investments Inc. has executed significant rebalancing in its portfolio, slashing its stake in Delta Air Lines by 53.1%. The institutional investor's remaining position in the airline is now valued at approximately $3.87 million following the divestment. Conversely, the firm aggressively expanded its holding in Amcor PLC, increasing its stake by over 2,100% to a total of 160,123 shares. These adjustments coincide with Amcor declaring a quarterly dividend of $0.65 per share and raising its full-year financial guidance. The shift reflects institutional sentiment reacting to positive revenue reports and revised growth outlooks. Market analysts view these maneuvers as a strategic pivot between the industrial packaging and aviation sectors.
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