MAI Capital Management Has $21.81 Million Holdings in Amgen Inc. $AMGN

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MAI Capital Management significantly increased its stake in Amgen Inc. by 9.4% in the third quarter, bringing its total holdings to $21.81 million. This increase follows Amgen’s strong financial performance, including beating quarterly earnings expectations with an EPS of $5.29 and revenue of $9.87 billion, and an announced rise in its quarterly dividend to $2.52 per share. Multiple analysts have reiterated positive ratings and increased price targets for the biotechnology giant, reflecting confidence in its outlook.

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