Johnson & Johnson $JNJ Stock Sold by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors reduced its Johnson & Johnson stake by 3% in the third quarter, selling 17,911 shares and retaining 581,655 shares valued at approximately $154 million. Institutional investors collectively own 69.55% of JNJ.
• Johnson & Johnson reported quarterly EPS of $2.59, beating estimates, while revenue rose 5.9% year over year to $25.40 billion. The company reaffirmed 2026 EPS guidance of $11.05–$11.15 and declared a quarterly dividend of $1.34 per share, yielding about 2.0%.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $275.92, although Erste Group downgraded the stock to “hold” and RBC lowered its target. Shares were trading near $267.67, with valuation and premium pricing cited as risks.

Nisa Investment Advisors LLC decreased its stake in shares of Johnson & Johnson (NYSE:JNJ - Free Report) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 581,655 shares of the company's stock after selling 17,911 shares during the period. Johnson & Johnson makes up 0.4% of Nisa Investment Advisors LLC's portfolio, making the stock its 18th biggest position. Nisa Investment Advisors LLC's holdings in Johnson & Johnson were worth $153,987,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Outlook Capital Management LLC acquired a new position in shares of Johnson & Johnson during the second quarter valued at approximately $28,000. Matrix Trust Co raised its holdings in Johnson & Johnson by 56.2% during the second quarter. Matrix Trust Co now owns 150 shares of the company's stock worth $38,000 after purchasing an additional 54 shares in the last quarter. Montgomery Financial Services LLC bought a new stake in Johnson & Johnson during the second quarter worth approximately $43,000. Polaris Financial Partners acquired a new stake in Johnson & Johnson in the third quarter worth approximately $56,000. Finally, Bullseye Investment Management LLC acquired a new stake in Johnson & Johnson in the second quarter worth approximately $63,000. 69.55% of the stock is currently owned by institutional investors.

Johnson & Johnson News Roundup

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

• Positive Sentiment: Positive sector rotation: JNJ is benefiting from fresh demand for defensive healthcare stocks, alongside gains in Procter & Gamble and Coca-Cola. Investors appear to be favoring companies with relatively stable demand and cash flows amid broader market pressure. Procter & Gamble Jumps as Defensive Buyers Enter
• Positive Sentiment: Medical-device progress: Johnson & Johnson reported real-world data for its VARIPULSE Pro platform and 12-month outcomes for the OMNYPULSE platform in atrial-fibrillation treatment. The results could support adoption of its electrophysiology portfolio and provide another growth avenue beyond pharmaceuticals. Johnson & Johnson Reports VARIPULSE and OMNYPULSE Data
• Positive Sentiment: Drug growth and guidance: Recent coverage highlights stronger pharmaceutical performance and Johnson & Johnson’s higher 2026 outlook, with projected sales of approximately $101.2 billion at the midpoint. The company also maintains a 64-year record of annual dividend increases, reinforcing its appeal to income-focused investors. Johnson & Johnson Drugs Lift Guidance
• Neutral Sentiment: Mixed business outlook: One business is advancing strongly while another has stalled, leaving investors focused on whether new growth can justify JNJ’s premium valuation relative to competitors such as Merck and AbbVie. JNJ Stock Has a New Growth Story
• Negative Sentiment: Analyst caution and valuation risk: Erste Group Bank downgraded JNJ from “buy” to “hold.” Commentary also notes that the stock’s elevated valuation could constrain returns, particularly as Treasury yields near 5% make government bonds more competitive with dividend stocks. Erste Group Bank Ratings

Johnson & Johnson Stock Up 3.8%

JNJ stock opened at $267.67 on Friday. The firm has a market cap of $645.05 billion, a PE ratio of 40.56, a P/E/G ratio of 2.55 and a beta of 0.21. Johnson & Johnson has a 12 month low of $184.66 and a 12 month high of $281.07. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.09 and a quick ratio of 0.81. The firm has a 50 day simple moving average of $265.57 and a 200 day simple moving average of $250.11.

Johnson & Johnson (NYSE:JNJ - Get Free Report) last posted its quarterly 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 firm had revenue of $25.40 billion for the quarter, compared to analyst estimates of $25.38 billion. Johnson & Johnson had a net margin of 16.20% and a return on equity of 31.54%. The firm's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.80 earnings per share. Johnson & Johnson has set its FY 2026 guidance at 11.050-11.150 EPS. Equities research analysts forecast that Johnson & Johnson will post 11.12 earnings per share for the current fiscal year.

Johnson & Johnson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 8th. Shareholders 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 2.0%. The ex-dividend date is Tuesday, November 24th. Johnson & Johnson's payout ratio is presently 81.21%.

Insider Activity at Johnson & Johnson

In other news, EVP Timothy Schmid sold 33,597 shares of the company's stock in a transaction dated 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 transaction, the executive vice president owned 25,447 shares in the company, valued at $6,991,308.78. This represents a 56.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Elizabeth Forminard sold 15,918 shares of the 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 sale, the executive vice president owned 16,994 shares of the company's stock, valued at approximately $4,367,458. This represents a 48.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 64,515 shares of company stock valued at $17,271,766. Company insiders own 0.16% of the company's stock.

Analysts Set New Price Targets

JNJ has been the subject of a number of research reports. Guggenheim reaffirmed a "buy" rating and set a $287.00 price target on shares of Johnson & Johnson in a research note on Wednesday, October 7th. UBS Group set a $270.00 price objective on Johnson & Johnson in a research note on Wednesday, October 14th. 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. Erste Group Bank cut Johnson & Johnson from a "buy" rating to a "hold" rating in a research note on Wednesday. Finally, Royal Bank Of Canada lowered their target price on Johnson & Johnson from $290.00 to $280.00 and set an "outperform" rating on the stock in a report on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, Johnson & Johnson presently has a consensus rating of "Moderate Buy" and a consensus target price of $275.92.

Johnson & Johnson Profile

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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