Johnson & Johnson $JNJ Position Raised by Fisher Asset Management LLC

Key Points

• Fisher Asset Management increased its Johnson & Johnson stake by 11.5% in the third quarter, adding about 1.53 million shares to hold 14.84 million shares valued at roughly $3.93 billion.
• J&J reported quarterly EPS of $2.59, topping estimates of $2.53, and revenue of $25.4 billion, up 5.9% year over year. The company’s FY 2026 EPS guidance is $11.05–$11.15 and it announced a quarterly dividend of $1.34 per share.
• Two company executives reported stock sales during the period. Analysts’ overall view remained “Moderate Buy,” with an average price target of $275.92.

Fisher Asset Management LLC boosted its holdings in Johnson & Johnson (NYSE:JNJ - Free Report) by 11.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,837,126 shares of the company's stock after purchasing an additional 1,530,070 shares during the quarter. Johnson & Johnson comprises 1.1% of Fisher Asset Management LLC's portfolio, making the stock its 27th largest position. Fisher Asset Management LLC owned approximately 0.62% of Johnson & Johnson worth $3,927,981,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in JNJ. National Pension Service increased its holdings in shares of Johnson & Johnson by 1.3% during the second quarter. National Pension Service now owns 5,226,968 shares of the company's stock valued at $1,327,493,000 after acquiring an additional 67,484 shares in the last quarter. IFP Advisors Inc boosted its stake in Johnson & Johnson by 8.8% in the 2nd quarter. IFP Advisors Inc now owns 38,760 shares of the company's stock worth $9,844,000 after purchasing an additional 3,133 shares in the last quarter. Elefante Mark B grew its position in Johnson & Johnson by 9.8% during the 2nd quarter. Elefante Mark B now owns 28,686 shares of the company's stock valued at $7,285,000 after purchasing an additional 2,563 shares during the last quarter. AMG Asset Management Group Inc. grew its position in Johnson & Johnson by 172.0% during the 3rd quarter. AMG Asset Management Group Inc. now owns 3,852 shares of the company's stock valued at $1,020,000 after purchasing an additional 2,436 shares during the last quarter. Finally, Gradient Investments LLC increased its stake in Johnson & Johnson by 9.9% during the 2nd quarter. Gradient Investments LLC now owns 152,831 shares of the company's stock valued at $38,815,000 after purchasing an additional 13,737 shares in the last quarter. Institutional investors own 69.55% of the company's stock.

Insider Buying and Selling

In other news, EVP Jennifer L. Taubert sold 15,000 shares of the business's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $263.36, for a total transaction of $3,950,400.00. Following the completion of the sale, the executive vice president owned 194,451 shares of the company's stock, valued at $51,210,615.36. The trade was a 7.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Timothy Schmid sold 33,597 shares of the company's stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $274.74, for a total value of $9,230,439.78. Following the completion of the sale, the executive vice president owned 25,447 shares of the company's stock, valued at $6,991,308.78. This trade represents a 56.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.16% of the stock is currently owned by corporate insiders.

Johnson & Johnson Price Performance

Shares of NYSE:JNJ opened at $283.69 on Friday. Johnson & Johnson has a fifty-two week low of $193.45 and a fifty-two week high of $286.08. The business has a 50-day simple moving average of $266.83 and a two-hundred day simple moving average of $249.54. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.02. The firm has a market cap of $682.93 billion, a price-to-earnings ratio of 42.98, a price-to-earnings-growth ratio of 2.77 and a beta of 0.22.

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

Johnson & Johnson Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 8th. Investors of record on Tuesday, November 24th will be given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, November 24th. Johnson & Johnson's payout ratio is 81.21%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Raymond James Financial set a $280.00 target price on shares of Johnson & Johnson in a report on Monday, August 3rd. Guggenheim reiterated a "buy" rating and set a $287.00 price target on shares of Johnson & Johnson in a report on Wednesday, October 7th. TD Cowen reissued a "buy" rating on shares of Johnson & Johnson in a research report on Tuesday, October 20th. The Goldman Sachs Group restated a "buy" rating and issued a $282.00 price objective on shares of Johnson & Johnson in a report on Thursday, July 16th. Finally, Royal Bank Of Canada lowered their price objective on Johnson & Johnson from $290.00 to $280.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $275.92.

Key Johnson & Johnson News

Investors following JNJ have been watching these news items:

• Neutral Sentiment: State Street’s Health Care SPDR added J&J shares on Nov. 10 as part of a broader increase across all of the fund’s holdings. The purchase provides an institutional-demand datapoint but was not specific to J&J. State Street Health Care SPDR adds Johnson & Johnson
• Negative Sentiment: A Massachusetts jury awarded $3.3 million to the family of a woman who developed mesothelioma after using J&J talc-based baby powder. The award adds to ongoing talc-related litigation exposure. Massachusetts woman’s family awarded $3.3 million against Johnson & Johnson
• Negative Sentiment: Pomerantz LLP said it is investigating potential claims on behalf of J&J investors. The announcement does not establish wrongdoing or the outcome of any claims, but adds another legal headline for investors to monitor. Pomerantz law firm investigates claims on behalf of J&J investors

About Johnson & Johnson

Johnson & Johnson is a global healthcare company that develops and sells prescription medicines and medical technologies. Its business is organized around two segments: Innovative Medicine and MedTech. Innovative Medicine develops treatments in areas including oncology, immunology, neuroscience, cardiovascular and metabolic disease, and pulmonary hypertension. MedTech provides products and technologies for fields such as surgery, orthopedics, and vision care. Founded in 1886, Johnson & Johnson serves patients and healthcare professionals in markets around the world.

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