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Amgen Inc. $AMGN Shares Acquired by China Universal Asset Management Co. Ltd.
China Universal Asset Management Co. Ltd. significantly increased its stake in Amgen Inc. (NASDAQ:AMGN) during the third quarter, making it their 10th-largest holding. Amgen exceeded quarterly earnings and revenue expectations, provided strong FY2026 guidance, and recently raised its quarterly dividend. The company maintains a “Moderate Buy” consensus rating from analysts with an average price target of $345.16.