Johnson & Johnson $JNJ Shares Acquired by ABN Amro Investment Solutions

ABN Amro Investment Solutions increased its position in Johnson & Johnson (NYSE:JNJFree Report) by 67.1% in the fourth quarter, Holdings Channel reports. The firm owned 154,852 shares of the company’s stock after purchasing an additional 62,159 shares during the quarter. ABN Amro Investment Solutions’ holdings in Johnson & Johnson were worth $32,047,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Kennedy Investment Group increased its stake in Johnson & Johnson by 47.1% during the fourth quarter. Kennedy Investment Group now owns 6,151 shares of the company’s stock valued at $1,273,000 after purchasing an additional 1,970 shares during the last quarter. IFP Advisors Inc increased its stake in Johnson & Johnson by 13.2% during the fourth quarter. IFP Advisors Inc now owns 36,688 shares of the company’s stock valued at $7,593,000 after purchasing an additional 4,273 shares during the last quarter. Quantum Private Wealth LLC increased its stake in Johnson & Johnson by 6.5% during the fourth quarter. Quantum Private Wealth LLC now owns 1,530 shares of the company’s stock valued at $317,000 after purchasing an additional 94 shares during the last quarter. Brown Wealth Management LLC bought a new stake in Johnson & Johnson during the fourth quarter valued at $211,000. Finally, Adell Harriman & Carpenter Inc. increased its stake in Johnson & Johnson by 2.8% during the fourth quarter. Adell Harriman & Carpenter Inc. now owns 32,552 shares of the company’s stock valued at $6,737,000 after purchasing an additional 887 shares during the last quarter. 69.55% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Johnson & Johnson news, EVP Timothy Schmid sold 1,322 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $245.66, for a total value of $324,762.52. Following the completion of the sale, the executive vice president directly owned 25,447 shares of the company’s stock, valued at approximately $6,251,310.02. This represents a 4.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.16% of the company’s stock.

Johnson & Johnson Price Performance

Shares of NYSE JNJ opened at $229.22 on Thursday. Johnson & Johnson has a twelve month low of $149.04 and a twelve month high of $251.71. The company has a current ratio of 1.03, a quick ratio of 0.77 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $551.78 billion, a price-to-earnings ratio of 26.50, a PEG ratio of 2.25 and a beta of 0.27. The firm has a 50-day moving average of $234.43 and a two-hundred day moving average of $222.90.

Johnson & Johnson (NYSE:JNJGet Free Report) last issued its quarterly earnings results on Tuesday, April 14th. The company reported $2.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.02. Johnson & Johnson had a net margin of 21.83% and a return on equity of 32.60%. The company had revenue of $24.06 billion during the quarter, compared to the consensus estimate of $23.60 billion. During the same period in the prior year, the company earned $2.77 EPS. Johnson & Johnson’s revenue was up 9.9% on a year-over-year basis. Johnson & Johnson has set its FY 2026 guidance at 11.450-11.650 EPS. As a group, analysts expect that Johnson & Johnson will post 11.57 earnings per share for the current fiscal year.

Johnson & Johnson Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a 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 dividend payout ratio is currently 60.12%.

Analyst Ratings Changes

Several brokerages have recently issued reports on JNJ. Bank of America boosted their price target on shares of Johnson & Johnson from $253.00 to $254.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Scotiabank reissued an “outperform” rating on shares of Johnson & Johnson in a report on Thursday, January 22nd. Wall Street Zen downgraded shares of Johnson & Johnson from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Leerink Partners raised shares of Johnson & Johnson from a “market perform” rating to an “outperform” rating and set a $265.00 price target for the company in a report on Wednesday, May 13th. Finally, Stifel Nicolaus boosted their price target on shares of Johnson & Johnson from $220.00 to $250.00 and gave the company a “hold” rating in a report on Wednesday, April 15th. Twenty investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Johnson & Johnson presently has a consensus rating of “Moderate Buy” and a consensus price target of $253.04.

View Our Latest Report on Johnson & Johnson

Key Johnson & Johnson News

Here are the key news stories impacting Johnson & Johnson this week:

Johnson & Johnson Company Profile

(Free Report)

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

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