DB&C Advisors LLC Takes $690,000 Position in Johnson & Johnson $JNJ

DB&C Advisors LLC acquired a new stake in shares of Johnson & Johnson (NYSE:JNJFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 3,336 shares of the company’s stock, valued at approximately $690,000.

Several other hedge funds also recently modified their holdings of the company. Cookson Peirce & Co. Inc. boosted its holdings in shares of Johnson & Johnson by 159.3% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 2,946 shares of the company’s stock valued at $610,000 after acquiring an additional 1,810 shares in the last quarter. Nemes Rush Group LLC boosted its holdings in shares of Johnson & Johnson by 1.4% during the 4th quarter. Nemes Rush Group LLC now owns 96,456 shares of the company’s stock valued at $19,962,000 after acquiring an additional 1,327 shares in the last quarter. Havemeyer Place LP acquired a new stake in shares of Johnson & Johnson during the 4th quarter valued at $2,097,000. 111 Capital acquired a new stake in shares of Johnson & Johnson during the 4th quarter valued at $1,742,000. Finally, Vestcor Inc boosted its holdings in shares of Johnson & Johnson by 2.5% during the 4th quarter. Vestcor Inc now owns 185,188 shares of the company’s stock valued at $38,325,000 after acquiring an additional 4,490 shares in the last quarter. Institutional investors and hedge funds own 69.55% of the company’s stock.

Wall Street Analyst Weigh In

JNJ has been the topic of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating and set a $265.00 price objective on shares of Johnson & Johnson in a report on Wednesday, April 15th. JPMorgan Chase & Co. lifted their target price on Johnson & Johnson from $250.00 to $260.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Wall Street Zen downgraded Johnson & Johnson from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Sanford C. Bernstein lifted their target price on Johnson & Johnson from $225.00 to $251.00 and gave the stock a “market perform” rating in a report on Wednesday, April 15th. Finally, Leerink Partners raised Johnson & Johnson from a “market perform” rating to an “outperform” rating and set a $265.00 target price on the stock in a report on Wednesday, May 13th. Twenty analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $253.04.

Get Our Latest Research Report on JNJ

Johnson & Johnson Stock Up 2.0%

Shares of NYSE:JNJ opened at $232.81 on Friday. The company has a market capitalization of $560.42 billion, a price-to-earnings ratio of 26.91, a P/E/G ratio of 2.28 and a beta of 0.26. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 0.77. The business’s 50-day moving average is $231.98 and its 200-day moving average is $225.96. Johnson & Johnson has a 1 year low of $149.04 and a 1 year high of $251.71.

Johnson & Johnson (NYSE:JNJGet Free Report) last announced its quarterly earnings data on Tuesday, April 14th. The company reported $2.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.02. The company had revenue of $24.06 billion for the quarter, compared to the consensus estimate of $23.60 billion. Johnson & Johnson had a return on equity of 32.60% and a net margin of 21.83%.The firm’s revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.77 EPS. Johnson & Johnson has set its FY 2026 guidance at 11.450-11.650 EPS. Equities research analysts predict that Johnson & Johnson will post 11.57 earnings per share for the current 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 paid a $1.34 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.3%. This is a positive change from Johnson & Johnson’s previous quarterly dividend of $1.30. Johnson & Johnson’s dividend payout ratio (DPR) is presently 61.97%.

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About Johnson & Johnson

(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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