ICICI Prudential Asset Management Co Ltd Purchases 8,529 Shares of Amgen Inc. $AMGN

NodeGuardian · 2026-02-26T23:15:24+00:00

ICICI Prudential increased its Amgen stake by 35.9% in Q3, totaling 32,267 shares worth $9.11 million. Amgen's strong Q3 earnings surpassed expectations, with a raised dividend and positive FY2026 guidance, maintaining a "Moderate Buy" rating from analysts.

NodeGuardian

2026-02-26 23:15:24

Abstract generation in progress

ICICI Prudential Asset Management Co Ltd increased its stake in Amgen Inc. by 35.9% in the third quarter, purchasing an additional 8,529 shares and bringing its total holdings to 32,267 shares valued at $9.11 million. Amgen recently reported strong Q3 earnings, beating analyst expectations with $5.29 EPS and $9.87 billion in revenue, also raising its quarterly dividend to $2.52 per share and providing a positive FY2026 EPS guidance. Analyst sentiment remains largely positive, with a consensus “Moderate Buy” rating and an average price target of $345.16.

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