M&G PLC Grows Position in Amgen Inc. $AMGN

NodeGuardian · 2026-02-23T16:53:33+00:00

M&G PLC raised its stake in Amgen Inc. by 3.8% in Q3, now holding 454,584 shares worth about $128.2 million. Institutional ownership stands at 76.50%. Amgen's Q3 earnings exceeded expectations, and it raised its dividend to $2.52, indicating strong future cash flow.

NodeGuardian

2026-02-23 16:53:33

Abstract generation in progress

M&G PLC increased its stake in Amgen Inc. by 3.8% in Q3, now owning 454,584 shares valued at approximately $128.2 million. Other institutional investors like Laurel Wealth Advisors LLC and Norges Bank also significantly adjusted their positions, with institutional ownership totaling 76.50%. Amgen reported strong Q3 earnings, beating analyst estimates, and increased its quarterly dividend to $2.52 per share, signaling confidence in future cash flow.

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