Johnson & Johnson $JNJ Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC decreased its stake in shares of Johnson & Johnson (NYSE:JNJ – Free Report) by 3.6% during the 3rd quarter, Holdings Channel reports. The firm owned 55,176 shares of the company’s stock after selling 2,062 shares during the period. Sowell Financial Services LLC’s holdings in Johnson & Johnson were worth $14,607,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. One Wealth Capital Management LLC increased its holdings in shares of Johnson & Johnson by 511.0% during the 3rd quarter. One Wealth Capital Management LLC now owns 5,010 shares of the company’s stock worth $1,326,000 after acquiring an additional 4,190 shares during the last quarter. Lorne Steinberg Wealth Management Inc. raised its stake in Johnson & Johnson by 2.1% in the 3rd quarter. Lorne Steinberg Wealth Management Inc. now owns 39,472 shares of the company’s stock valued at $10,450,000 after acquiring an additional 795 shares during the period. Evergreen Capital Management LLC lifted its holdings in Johnson & Johnson by 2.3% during the 3rd quarter. Evergreen Capital Management LLC now owns 67,727 shares of the company’s stock valued at $17,930,000 after purchasing an additional 1,502 shares during the last quarter. Altura Wealth Advisors Inc. lifted its holdings in Johnson & Johnson by 13.1% during the 3rd quarter. Altura Wealth Advisors Inc. now owns 8,541 shares of the company’s stock valued at $2,261,000 after purchasing an additional 988 shares during the last quarter. Finally, RWC Asset Management LLP lifted its holdings in Johnson & Johnson by 2.1% during the 3rd quarter. RWC Asset Management LLP now owns 267,730 shares of the company’s stock valued at $70,879,000 after purchasing an additional 5,591 shares during the last quarter. Institutional investors own 69.55% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on JNJ. Wall Street Zen downgraded shares of Johnson & Johnson from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Freedom Capital upgraded shares of Johnson & Johnson from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. JPMorgan Chase & Co. lifted their target price on shares of Johnson & Johnson from $270.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, September 29th. UBS Group set a $270.00 price target on shares of Johnson & Johnson in a research note on Wednesday, October 14th. Finally, HSBC increased their price target on shares of Johnson & Johnson from $290.00 to $320.00 and gave the company a “buy” rating in a report on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $275.92.

Get Our Latest Analysis on Johnson & Johnson

Insider Activity at Johnson & Johnson

In related news, EVP Jennifer Taubert sold 15,000 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $263.36, for a total transaction of $3,950,400.00. Following the sale, the executive vice president owned 194,451 shares of the company’s stock, valued at $51,210,615.36. This represents a 7.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Elizabeth Forminard sold 15,918 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $257.00, for a total value of $4,090,926.00. Following the transaction, the executive vice president owned 16,994 shares in the company, valued at approximately $4,367,458. This trade represents a 48.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 64,515 shares of company stock worth $17,271,766. Company insiders own 0.16% of the company’s stock.

Johnson & Johnson Stock Up 0.9%

JNJ stock opened at $271.17 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.02 and a quick ratio of 0.74. The stock has a market capitalization of $652.78 billion, a price-to-earnings ratio of 41.09, a PEG ratio of 2.61 and a beta of 0.21. The business’s fifty day moving average price is $265.60 and its two-hundred day moving average price is $246.26. Johnson & Johnson has a fifty-two week low of $184.66 and a fifty-two week high of $281.07.

Johnson & Johnson (NYSE:JNJ – Get Free Report) last announced its earnings results on Tuesday, October 13th. The company reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.53 by $0.06. Johnson & Johnson had a net margin of 16.20% and a return on equity of 31.64%. The company had revenue of $25.40 billion during the quarter, compared to analysts’ expectations of $25.38 billion. During the same quarter in the previous year, the business posted $2.80 earnings per share. Johnson & Johnson’s quarterly revenue was up 5.9% on a year-over-year basis. Johnson & Johnson has set its FY 2026 guidance at 11.050-11.150 EPS. On average, equities analysts anticipate that Johnson & Johnson will post 11.12 earnings per share for the current year.

Johnson & Johnson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 8th. Investors of record on Tuesday, November 24th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, November 24th. Johnson & Johnson’s payout ratio is 81.21%.

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About Johnson & Johnson

(Free Report)

Johnson & Johnson (NYSE: JNJ) is a global healthcare company headquartered in New Brunswick, New Jersey. Founded in 1886, the company develops and markets products and services for patients, healthcare professionals and institutions worldwide.

Johnson & Johnson operates through two principal segments: Innovative Medicine and MedTech. Innovative Medicine focuses on pharmaceuticals for areas such as immunology, oncology, neuroscience, infectious diseases and cardiovascular conditions.

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Institutional Ownership by Quarter for Johnson & Johnson (NYSE:JNJ)

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