Rossmore Private Capital Purchases 14,527 Shares of Johnson & Johnson $JNJ

Rossmore Private Capital lifted its position in shares of Johnson & Johnson (NYSE:JNJFree Report) by 16.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,771 shares of the company’s stock after purchasing an additional 14,527 shares during the period. Johnson & Johnson accounts for approximately 1.8% of Rossmore Private Capital’s investment portfolio, making the stock its 14th biggest holding. Rossmore Private Capital’s holdings in Johnson & Johnson were worth $20,855,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Compass Financial Group Inc. bought a new position in shares of Johnson & Johnson during the fourth quarter worth approximately $212,000. Abacus Wealth Partners LLC grew its position in Johnson & Johnson by 284.5% during the fourth quarter. Abacus Wealth Partners LLC now owns 19,638 shares of the company’s stock worth $4,064,000 after buying an additional 14,530 shares in the last quarter. Leuthold Group LLC acquired a new stake in Johnson & Johnson during the fourth quarter worth approximately $6,615,000. L & S Advisors Inc grew its position in Johnson & Johnson by 38.5% during the fourth quarter. L & S Advisors Inc now owns 56,602 shares of the company’s stock worth $11,714,000 after buying an additional 15,748 shares in the last quarter. Finally, Soltis Investment Advisors LLC grew its position in Johnson & Johnson by 4.5% during the fourth quarter. Soltis Investment Advisors LLC now owns 58,690 shares of the company’s stock worth $12,146,000 after buying an additional 2,540 shares in the last quarter. Institutional investors own 69.55% of the company’s stock.

Johnson & Johnson Trading Up 0.0%

Shares of JNJ stock opened at $226.81 on Monday. The stock’s fifty day moving average price is $235.13 and its two-hundred day moving average price is $222.02. The company has a market cap of $545.98 billion, a PE ratio of 26.22, a P/E/G ratio of 2.22 and a beta of 0.27. Johnson & Johnson has a fifty-two week low of $149.04 and a fifty-two 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 issued its earnings results on Tuesday, April 14th. The company reported $2.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.02. The firm 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 company’s revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.77 EPS. Johnson & Johnson has set its FY 2026 guidance at 11.450-11.650 EPS. Equities analysts predict that Johnson & Johnson will post 11.57 EPS for the current fiscal year.

Johnson & Johnson Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be issued 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 2.4%. This is a boost from Johnson & Johnson’s previous quarterly dividend of $1.30. Johnson & Johnson’s dividend payout ratio (DPR) is 60.12%.

Insiders Place Their Bets

In other Johnson & Johnson news, EVP Timothy Schmid sold 1,322 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $245.66, for a total value of $324,762.52. Following the sale, the executive vice president owned 25,447 shares of the company’s stock, valued at approximately $6,251,310.02. This trade represents a 4.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Vanessa Broadhurst sold 6,197 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $243.39, for a total value of $1,508,287.83. Following the completion of the sale, the executive vice president directly owned 23,003 shares in the company, valued at approximately $5,598,700.17. This represents a 21.22% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 30,142 shares of company stock worth $7,360,528. Company insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Weiss Ratings downgraded Johnson & Johnson from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Wall Street Zen downgraded Johnson & Johnson from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Sanford C. Bernstein increased their price target on Johnson & Johnson from $225.00 to $251.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 15th. Rothschild & Co Redburn increased their price target on Johnson & Johnson from $180.00 to $210.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Finally, Wells Fargo & Company increased their price target on Johnson & Johnson from $240.00 to $263.00 and gave the stock an “overweight” rating in a research 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $253.04.

View Our Latest Analysis on JNJ

Johnson & Johnson News Summary

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

Johnson & Johnson Company Profile

(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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