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Cardinal Health, Inc. $CAH Shares Purchased by Varma Mutual Pension Insurance Co
Varma Mutual Pension Insurance Co significantly increased its stake in Cardinal Health (NYSE:CAH) during Q3, now holding 62,600 shares valued at approximately $9.83 million. This comes as Cardinal Health beat Q4 earnings estimates, reporting $2.63 EPS and $65.63 billion in revenue, leading to analyst price target increases and a “Moderate Buy” consensus rating. The company also declared a quarterly dividend of $0.5107 per share, reinforcing investor confidence.