Vestmark Advisory Solutions Inc. grew its holdings in shares of Johnson & Johnson (NYSE:JNJ – Free Report) by 67.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 125,003 shares of the company’s stock after buying an additional 50,304 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Johnson & Johnson were worth $25,870,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Plancorp LLC grew its stake in Johnson & Johnson by 0.3% in the fourth quarter. Plancorp LLC now owns 15,889 shares of the company’s stock worth $3,288,000 after purchasing an additional 45 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC grew its stake in Johnson & Johnson by 0.8% in the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 5,645 shares of the company’s stock worth $1,168,000 after purchasing an additional 45 shares in the last quarter. WealthCollab LLC grew its stake in Johnson & Johnson by 4.7% in the fourth quarter. WealthCollab LLC now owns 1,015 shares of the company’s stock worth $210,000 after purchasing an additional 46 shares in the last quarter. MMA Asset Management LLC grew its stake in Johnson & Johnson by 1.3% in the fourth quarter. MMA Asset Management LLC now owns 3,600 shares of the company’s stock worth $745,000 after purchasing an additional 46 shares in the last quarter. Finally, Vista Investment Partners II LLC grew its stake in Johnson & Johnson by 1.2% in the fourth quarter. Vista Investment Partners II LLC now owns 3,811 shares of the company’s stock worth $789,000 after purchasing an additional 47 shares in the last quarter. Institutional investors own 69.55% of the company’s stock.
Key Headlines Impacting Johnson & Johnson
Here are the key news stories impacting Johnson & Johnson this week:
- Positive Sentiment: Johnson & Johnson said its immunology drug nipocalimab was approved in China, expanding the company’s international growth opportunity and adding to its pipeline momentum. Reuters: Johnson & Johnson says nipocalimab approved in China
- Positive Sentiment: The company unveiled the Shockwave C2 Aero Coronary IVL Catheter, a next-generation device for calcified coronary artery disease, reinforcing growth in its medtech division and showing continued product innovation. Yahoo Finance: Johnson & Johnson (JNJ) Unveils Next-Gen Catheter for Coronary Artery Disease
- Positive Sentiment: Reports highlighting Johnson & Johnson as a defensive growth stock and a top long-term pick may be supporting sentiment, especially as investors look for steadier names amid market volatility. Insider Monkey: Why Johnson & Johnson (JNJ) Still Fits a Defensive Growth Case
- Neutral Sentiment: Several market commentaries and stock reports referenced J&J alongside other dividend and healthcare names, but these pieces did not provide new company-specific catalysts. Yahoo Finance: Johnson & Johnson Outperforms Broader Market
Johnson & Johnson Stock Up 1.0%
Johnson & Johnson (NYSE:JNJ – Get Free Report) last posted its earnings results on Tuesday, April 14th. The company reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.02. The company had revenue of $24.06 billion during the quarter, compared to analyst estimates of $23.60 billion. Johnson & Johnson had a return on equity of 32.60% and a net margin of 21.83%.Johnson & Johnson’s revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.77 earnings per share. Johnson & Johnson has set its FY 2026 guidance at 11.450-11.650 EPS. On average, analysts forecast that Johnson & Johnson will post 11.57 earnings per share for the current fiscal year.
Johnson & Johnson Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th will be given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, May 26th. This is a positive change from Johnson & Johnson’s previous quarterly dividend of $1.30. Johnson & Johnson’s payout ratio is 60.12%.
Analyst Ratings Changes
JNJ has been the topic of several research analyst reports. Barclays increased their price objective on Johnson & Johnson from $234.00 to $255.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 15th. TD Cowen initiated coverage on Johnson & Johnson in a research note on Wednesday, April 8th. They issued a “buy” rating and a $250.00 price objective on the stock. HSBC increased their price objective on Johnson & Johnson from $265.00 to $280.00 and gave the stock a “buy” rating in a research note on Tuesday, March 17th. Royal Bank Of Canada reissued an “outperform” rating and issued a $265.00 price objective on shares of Johnson & Johnson in a research note on Wednesday, April 15th. Finally, Raymond James Financial upped their target price on Johnson & Johnson from $237.00 to $258.00 and gave the stock an “outperform” rating in a report on Wednesday, April 15th. Twenty analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $253.04.
Read Our Latest Stock Analysis on Johnson & Johnson
About Johnson & Johnson
Johnson & Johnson is a multinational healthcare company headquartered in New Brunswick, New Jersey, that develops, manufactures and markets a broad range of products across pharmaceuticals, medical devices and previously consumer health. Founded in 1886 by the Johnson family, the company has grown into a global healthcare organization with operations and sales in many countries around the world.
The company’s pharmaceuticals business, organized largely under its Janssen research and development organization, focuses on prescription medicines across therapeutic areas such as immunology, infectious disease, oncology and neuroscience.
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