North Star Asset Management Invests in Amgen Inc.

North Star Asset Management Inc. has invested in Amgen Inc., purchasing 10,471 shares of its stock valued at approximately $3,792,000 in the second quarter.

This is not an isolated instance; other institutional investors and hedge funds have also been buying into the company. BlackRock Inc., for example, increased its stake by 4.8% during the same period, owning a total of 49,362,016 shares valued at $17,874,974,000.

The recent earnings report from Amgen showed the company beating analysts' expectations with $6.29 EPS and revenue of $10.05 billion for the quarter. The company's FY 2026 guidance is set at 22.300-23.500 EPS.