Johnson & Johnson $JNJ Stake Lowered by United Capital Financial Advisors LLC

Key Points

• United Capital Financial Advisors cut its Johnson & Johnson stake by 5.7% in the second quarter, selling 20,803 shares and retaining 345,519 shares valued at approximately $87.8 million. Institutional investors and hedge funds collectively own 69.55% of JNJ.
• Johnson & Johnson reported quarterly earnings of $2.90 per share, exceeding estimates of $2.84, while revenue rose 6.6% year over year to $25.31 billion. The company reaffirmed fiscal 2026 EPS guidance of $11.60–$11.75.
• The company declared a quarterly dividend of $1.34 per share, equivalent to $5.36 annually and a 1.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $272.83.

United Capital Financial Advisors LLC trimmed its stake in shares of Johnson & Johnson (NYSE:JNJ - Free Report) by 5.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 345,519 shares of the company's stock after selling 20,803 shares during the quarter. United Capital Financial Advisors LLC's holdings in Johnson & Johnson were worth $87,752,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Auto Owners Insurance Co lifted its stake in Johnson & Johnson by 22,225.6% in the fourth quarter. Auto Owners Insurance Co now owns 69,419,308 shares of the company's stock valued at $1,436,633,000 after buying an additional 69,108,368 shares during the last quarter. Norges Bank bought a new position in shares of Johnson & Johnson during the fourth quarter worth about $6,924,523,000. Capital World Investors bought a new position in shares of Johnson & Johnson during the fourth quarter worth about $2,005,942,000. Jupiter Topco LLC acquired a new stake in shares of Johnson & Johnson in the 2nd quarter worth about $1,967,399,000. Finally, Diamant Asset Management Inc. lifted its position in Johnson & Johnson by 24,436.5% in the 1st quarter. Diamant Asset Management Inc. now owns 4,473,008 shares of the company's stock valued at $109,338,000 after purchasing an additional 4,454,778 shares during the last quarter. Institutional investors and hedge funds own 69.55% of the company's stock.

Insiders Place Their Bets

In related news, EVP Jennifer L. Taubert sold 15,000 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $263.36, for a total value of $3,950,400.00. Following the completion of the transaction, the executive vice president owned 194,451 shares of the company's stock, valued at approximately $51,210,615.36. This trade represents a 7.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Elizabeth Forminard sold 15,918 shares of Johnson & Johnson stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $257.00, for a total transaction 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. The trade was a 48.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 97,569 shares of company stock valued at $25,476,044 over the last 90 days. 0.16% of the stock is owned by corporate insiders.

Johnson & Johnson Stock Performance

JNJ opened at $275.12 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.44. The firm has a market cap of $663.01 billion, a PE ratio of 31.88, a P/E/G ratio of 2.63 and a beta of 0.24. The business has a fifty day simple moving average of $262.32 and a 200-day simple moving average of $245.30. Johnson & Johnson has a fifty-two week low of $173.33 and a fifty-two week high of $281.07.

Johnson & Johnson (NYSE:JNJ - Get Free Report) last announced its earnings results on Wednesday, July 15th. The company reported $2.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.84 by $0.06. Johnson & Johnson had a return on equity of 32.42% and a net margin of 21.48%.The company had revenue of $25.31 billion for the quarter, compared to analyst estimates of $25.06 billion. During the same period in the previous year, the firm earned $2.77 earnings per share. Johnson & Johnson's revenue for the quarter was up 6.6% compared to the same quarter last year. Johnson & Johnson has set its FY 2026 guidance at 11.600-11.750 EPS. As a group, equities analysts predict that Johnson & Johnson will post 11.61 EPS for the current fiscal year.

Johnson & Johnson Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Tuesday, August 25th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, August 25th. Johnson & Johnson's dividend payout ratio (DPR) is presently 62.11%.

Analysts Set New Price Targets

Several research analysts have commented on JNJ shares. HSBC set a $290.00 target price on shares of Johnson & Johnson and gave the stock a "buy" rating in a research report on Monday, July 6th. Freedom Capital upgraded Johnson & Johnson from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 16th. UBS Group began coverage on Johnson & Johnson in a report on Wednesday, September 2nd. They issued a "buy" rating and a $320.00 price objective for the company. Bank of America lifted their target price on Johnson & Johnson from $254.00 to $263.00 and gave the company a "neutral" rating in a research note on Friday, July 10th. Finally, Guggenheim boosted their price target on Johnson & Johnson from $270.00 to $287.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Johnson & Johnson presently has an average rating of "Moderate Buy" and a consensus target price of $272.83.

Johnson & Johnson Company Profile

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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