Siemens Fonds Invest GmbH Grows Position in Amgen Inc. $AMGN

Siemens Fonds Invest GmbH increased its holdings in shares of Amgen Inc. (NASDAQ:AMGNFree Report) by 5.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,509 shares of the medical research company’s stock after purchasing an additional 1,735 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Amgen were worth $8,892,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in shares of Amgen by 23.5% in the 4th quarter. Brighton Jones LLC now owns 27,468 shares of the medical research company’s stock valued at $7,159,000 after acquiring an additional 5,226 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Amgen by 10.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,186 shares of the medical research company’s stock worth $331,000 after purchasing an additional 114 shares during the period. Schnieders Capital Management LLC. boosted its position in shares of Amgen by 29.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 25,859 shares of the medical research company’s stock worth $7,220,000 after purchasing an additional 5,853 shares during the period. Impax Asset Management Group plc increased its holdings in Amgen by 139.8% in the 2nd quarter. Impax Asset Management Group plc now owns 18,160 shares of the medical research company’s stock valued at $5,070,000 after purchasing an additional 10,587 shares during the last quarter. Finally, Arvest Bank Trust Division raised its position in Amgen by 16.6% in the second quarter. Arvest Bank Trust Division now owns 827 shares of the medical research company’s stock valued at $231,000 after purchasing an additional 118 shares during the period. Institutional investors and hedge funds own 76.50% of the company’s stock.

More Amgen News

Here are the key news stories impacting Amgen this week:

Amgen Stock Performance

NASDAQ:AMGN opened at $366.21 on Friday. Amgen Inc. has a 52 week low of $261.43 and a 52 week high of $391.29. The company has a fifty day simple moving average of $357.73 and a two-hundred day simple moving average of $325.17. The company has a quick ratio of 0.90, a current ratio of 1.14 and a debt-to-equity ratio of 5.78. The company has a market cap of $197.41 billion, a price-to-earnings ratio of 25.74, a price-to-earnings-growth ratio of 3.65 and a beta of 0.45.

Amgen (NASDAQ:AMGNGet Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The medical research company reported $5.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.76 by $0.53. The business had revenue of $9.87 billion for the quarter, compared to analysts’ expectations of $9.46 billion. Amgen had a return on equity of 148.37% and a net margin of 20.98%.The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the firm earned $5.31 earnings per share. Amgen has set its FY 2026 guidance at 21.600-23.000 EPS. As a group, equities analysts anticipate that Amgen Inc. will post 20.62 earnings per share for the current fiscal year.

Amgen Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be given a $2.52 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $10.08 dividend on an annualized basis and a yield of 2.8%. Amgen’s dividend payout ratio (DPR) is currently 70.84%.

Analyst Upgrades and Downgrades

A number of research firms have commented on AMGN. Guggenheim upped their price target on Amgen from $305.00 to $347.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Citigroup lifted their price objective on Amgen from $315.00 to $345.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Argus boosted their price objective on Amgen from $360.00 to $400.00 and gave the company a “buy” rating in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft increased their target price on Amgen from $285.00 to $295.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Finally, HSBC restated a “buy” rating and set a $425.00 target price on shares of Amgen in a report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $354.00.

Check Out Our Latest Stock Report on AMGN

About Amgen

(Free Report)

Amgen Inc (NASDAQ: AMGN) is a global biotechnology company founded in 1980 and headquartered in Thousand Oaks, California. The company focuses on discovering, developing, manufacturing and delivering human therapeutics that address serious illnesses. Amgen’s work centers on biologic medicines derived from cellular and molecular biology, with an emphasis on translating advances in human genetics and protein science into therapies for patients.

Amgen’s commercial portfolio has historically included biologics used in oncology, supportive care, nephrology, bone health and cardiovascular disease.

See Also

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Institutional Ownership by Quarter for Amgen (NASDAQ:AMGN)

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