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Amgen Inc. $AMGN is China Universal Asset Management Co. Ltd.'s 9th Largest Position
China Universal Asset Management Co. Ltd. significantly increased its stake in Amgen Inc. by 10.7% during the fourth quarter, making it the firm’s ninth-largest holding, valued at $23.41 million. Despite mixed analyst ratings, with an average “Hold” and a target price of $356.62, Amgen recently completed an early-stage cancer study and reported a strong Q4 earnings beat, along with setting its FY 2026 EPS guidance. However, upcoming Q1 earnings are expected to decline, and insider selling has been observed.