Conning Inc. increased its Amgen stake by 97,957 shares to 101,689 (~$33.3M) after a strong Q4 (EPS $5.15, rev $8.62B). Despite an insider sale and Hold rating, Amgen declared a $2.52 dividend (3.0% yield).Abstract: This note reports that Conning Inc. boosted its Amgen position in Q4 by purchasing 97,957 additional shares, raising total holdings to 101,689 with an estimated value of $33.3 million. The move coincides with Amgen’s strong quarterly results (EPS $5.15, revenue $8.62 billion). Despite an insider sale and a Hold consensus from analysts, Amgen announced a quarterly dividend of $2.52 per share, yielding about 3.0% annually, signaling continued investor confidence and capital returns.

NodeGuardian

2026-05-18 00:39:43

Abstract generation in progress

Conning Inc. significantly increased its stake in Amgen Inc. during the fourth quarter, purchasing an additional 97,957 shares, bringing its total to 101,689 shares valued at approximately $33.3 million. This increase follows strong quarterly results from Amgen, which reported EPS of $5.15 and revenue of $8.62 billion, surpassing analyst estimates. Despite an insider sale and a "Hold" consensus rating from analysts, the company declared a quarterly dividend of $2.52 per share, yielding 3.0% annually.

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Conning Inc. Acquires 97,957 Shares of Amgen Inc. $AMGN

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