Town & Country Bank & Trust CO dba First Bankers Trust CO Sells 3,007 Shares of Johnson & Johnson $JNJ

Town & Country Bank & Trust CO dba First Bankers Trust CO cut its stake in Johnson & Johnson (NYSE:JNJFree Report) by 7.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,710 shares of the company’s stock after selling 3,007 shares during the quarter. Johnson & Johnson makes up approximately 2.9% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s investment portfolio, making the stock its 4th largest holding. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Johnson & Johnson were worth $8,729,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. First Merchants Corp grew its stake in Johnson & Johnson by 0.4% in the 1st quarter. First Merchants Corp now owns 65,109 shares of the company’s stock valued at $15,915,000 after buying an additional 272 shares during the last quarter. Warren Street Wealth Advisors LLC boosted its holdings in shares of Johnson & Johnson by 2,174.7% during the first quarter. Warren Street Wealth Advisors LLC now owns 29,548 shares of the company’s stock worth $7,223,000 after acquiring an additional 28,249 shares during the period. Smith Salley Wealth Management boosted its holdings in shares of Johnson & Johnson by 4.1% during the first quarter. Smith Salley Wealth Management now owns 57,834 shares of the company’s stock worth $14,137,000 after acquiring an additional 2,252 shares during the period. MontVue Capital Management Inc. acquired a new position in shares of Johnson & Johnson in the first quarter valued at approximately $234,000. Finally, Sunbeam Capital Management LLC increased its stake in shares of Johnson & Johnson by 2.9% during the first quarter. Sunbeam Capital Management LLC now owns 1,694 shares of the company’s stock worth $414,000 after purchasing an additional 47 shares during the period. Institutional investors own 69.55% of the company’s stock.

Insider Activity

In related news, EVP Kathryn E. Wengel sold 10,000 shares of Johnson & Johnson stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $241.15, for a total value of $2,411,500.00. Following the transaction, the executive vice president directly owned 114,288 shares of the company’s stock, valued at $27,560,551.20. This trade represents a 8.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.16% of the company’s stock.

Key Johnson & Johnson News

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

Johnson & Johnson Stock Up 3.6%

Shares of NYSE JNJ opened at $239.66 on Wednesday. The stock has a market capitalization of $576.91 billion, a P/E ratio of 27.71, a PEG ratio of 2.27 and a beta of 0.26. The stock’s fifty day moving average is $230.44 and its 200 day moving average is $228.67. Johnson & Johnson has a 52 week low of $150.73 and a 52 week high of $251.71. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.77 and a current ratio of 1.03.

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

Johnson & Johnson Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th were given a dividend of $1.34 per share. The ex-dividend date was Tuesday, May 26th. This represents a $5.36 annualized dividend and a dividend yield of 2.2%. This is a positive change from Johnson & Johnson’s previous quarterly dividend of $1.30. Johnson & Johnson’s dividend payout ratio (DPR) is 61.97%.

Wall Street Analyst Weigh In

JNJ has been the subject of several recent research reports. Bank of America boosted their price target on Johnson & Johnson from $253.00 to $254.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Guggenheim boosted their target price on shares of Johnson & Johnson from $244.00 to $266.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Johnson Rice raised shares of Johnson & Johnson from a “hold” rating to an “outperform” rating in a research report on Wednesday, May 13th. Raymond James Financial lifted their price objective on shares of Johnson & Johnson from $237.00 to $258.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Johnson & Johnson from $250.00 to $260.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Twenty equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Johnson & Johnson has an average rating of “Moderate Buy” and a consensus target price of $253.04.

Get Our Latest Stock Analysis on JNJ

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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