Vontobel Holding Boosts Stake in Amgen by 3.1%

Vontobel Holding Ltd., an institutional investor, has increased its stake in Amgen Inc. (NASDAQ:AMGN) by acquiring 4,637 additional shares during the second quarter. This move resulted in Vontobel Holding's holdings in Amgen increasing by 3.1% to a total of 155,115 shares. The market value of these shares is approximately $56,170,000.

This is not an isolated instance, as several other hedge funds have also made changes to their positions in Amgen during the second quarter. Anfield Capital Management LLC boosted its stake by 1,000%, Dogwood Wealth Management LLC increased its position by 275%, and Manning & Napier Advisors LLC lifted its stake by 49.2%. These moves demonstrate the growing interest of institutional investors in Amgen.

Amgen's stock performance has been strong, with a current ratio of 1.37, quick ratio of 1.13, and debt-to-equity ratio of 4.44. The company's market capitalization stands at $224.47 billion, and its P/E ratio is 25.81. Amgen has set its FY 2026 guidance at 22.300-23.500 EPS.