Johnson & JohnsonJNJ
About: Johnson & Johnson is the world's largest and most diverse healthcare firm. It has two divisions: pharmaceutical and medical devices. These now represent all of the company's sales following the divestment of the consumer business, Kenvue, in 2023. The drug division focuses on the following therapeutic areas: immunology, oncology, neurology, pulmonary, cardiology, and metabolic diseases. Geographically, just over half of total revenue is generated in the United States.
Employees: 134,400
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
43% more first-time investments, than exits
New positions opened: 225 | Existing positions closed: 157
23% more call options, than puts
Call options by funds: $3.2B | Put options by funds: $2.61B
15% more funds holding in top 10
Funds holding in top 10: 163 [Q2] → 188 (+25) [Q3]
7% more capital invested
Capital invested by funds: $257B [Q2] → $275B (+$17.8B) [Q3]
2% more funds holding
Funds holding: 3,730 [Q2] → 3,798 (+68) [Q3]
2.41% less ownership
Funds ownership: 72.69% [Q2] → 70.29% (-2.41%) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 1,516 | Existing positions reduced: 1,702
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Citigroup Joanne Wuensch 55% 1-year accuracy 26 / 47 met price target | 21%upside $175 | Buy Maintained | 11 Dec 2024 |
B of A Securities Tim Anderson 50% 1-year accuracy 3 / 6 met price target | 15%upside $166 | Neutral Reinstated | 10 Dec 2024 |
Wolfe Research Alexandria Hammond 33% 1-year accuracy 3 / 9 met price target | 32%upside $190 | Outperform Initiated | 15 Nov 2024 |
Guggenheim Vamil Divan 40% 1-year accuracy 8 / 20 met price target | 12%upside $162 | Neutral Maintained | 6 Nov 2024 |
Wells Fargo Larry Biegelsen 51% 1-year accuracy 24 / 47 met price target | 15%upside $166 | Equal-Weight Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 46 articles about JNJ published over the past 30 days