Wealthfront Advisers Adds $36M in Amgen Inc. ($AMGN)

Key Points

  • Wealthfront Advisers changed its Amgen Inc. ($AMGN) stake by 120.11% last quarter, boosting to 181,124 shares worth $65.42 million.
  • Wall Street's consensus rating on $AMGN is Buy and an average price target of $388.48.
  • $AMGN last traded around $361.17.

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Wealthfront Advisers increased its position in Amgen Inc. ($AMGN) by 120.11% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 181,124 shares of Amgen Inc. after buying 98,837 shares during the quarter. Wealthfront Advisers's holdings in Amgen Inc. were worth $65.42 million as of its most recent filing.

Amgen Inc. Stock Down 16.5%

Shares of Amgen Inc. ($AMGN) traded around $361.17 on Saturday, down 16.5% for the day.

Last price$361.17
Market cap$232.41B
P/E ratio26.72
Forward P/E17.62
PEG ratio2.29
Beta0.41
52-week low$269.77
52-week high$447.03
50-day MA$387.89
200-day MA$355.93
Current ratio1.37
Quick ratio0.95
Debt-to-equity4.90

Amgen Inc. Earnings

EPS (ttm)$16.09
Revenue (ttm)$38.09B
Revenue growth9.50%
Net margin22.95%
Return on equity91.47%
Next earningsNov 3, 2026

Amgen Inc. Dividend

Annual dividend$10.08
Dividend yield233%
Payout ratio60.87%
Ex-dividend dateAug 21, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$388.48
High target$457
Low target$230
Analysts covering29

About Amgen Inc.

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. The company's principal products include Enbrel for the treatment of rheumatoid arthritis, plaque psoriasis, and psoriatic arthritis; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet's disease; Prolia to treat postmenopausal women with osteoporosis; XGEVA for skeletal-related events prevention; Repatha, which reduces the risks of myocardial infarction, stroke, and coronary revascularization; Nplate for the treatment of patients with immune thrombocytopenia; KYPROLIS to treat patients with relapsed or refractory multiple myeloma; Aranesp to treat a lower-than-normal number of red blood cells and anemia; EVENITY for the treatment of osteoporosis in postmenopausal for women; Vectibix to treat patients with wild-type RAS metastatic colorectal cancer; BLINCYTO for the treatment of patients with acute lymphoblastic leukemia; TEPEZZA to treat thyroid eye disease; and KRYSTEXXA for the treatment of chronic refractory gout. It also markets other products, including PROLIA, REPATHA, OTEZLA, ENBREL, EVENITY, XGEVA, TEPEZZA, BLINCYTO, NPLATE, TEZSPIRE, KYPROLIS, ARANESP, KRYSTEXXA AND VECTIBIX, MVASI, PAVBLU, UPLIZNA, IMDELLTRA/IMDYLLTRA, AMJEVITA/AMGEVITA, TAVNEOS, NEULASTA, LUMAKRAS/LUMYKRAS, RAVICTI, PARSABIV, AIMOVIG, WEZLANA/WEZENLA, AND PROCYSBI. The company serves healthcare providers, including physicians or their clinics, dialysis centers, hospitals, and pharmacies. It distributes its products through pharmaceutical wholesale distributors. The company has collaboration agreements with AstraZeneca plc for the development and commercialization of TEZSPIRE; BEONE MEDICINES LTD. to develop and commercialize Aimovig; UCB for the development and commercialization of EVENITY; Kyowa Kirin Co., Ltd. for rocatinlimab development and commercialization; and BeiGene, Ltd. for oncology products expansion and development. The company was incorporated in 1980 and is headquartered in Thousand Oaks, California.

ExchangeNasdaqGS
SectorHealthcare
IndustryDrug Manufacturers - General
HeadquartersThousand Oaks, CA
CEOMr. Robert A. Bradway
Employees31,500

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