Johnson & Johnson (NYSE:JNJ – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.18, Zacks reports. Johnson & Johnson had a net margin of 18.20% and a return on equity of 34.24%. The firm had revenue of $21.89 billion during the quarter, compared to the consensus estimate of $21.65 billion. Johnson & Johnson updated its FY 2025 guidance to 10.500-10.700 EPS.
Johnson & Johnson Price Performance
Shares of NYSE JNJ opened at $153.66 on Wednesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.86 and a current ratio of 1.11. Johnson & Johnson has a fifty-two week low of $140.68 and a fifty-two week high of $169.99. The stock’s 50-day simple moving average is $159.39 and its 200-day simple moving average is $155.10. The firm has a market capitalization of $370.29 billion, a PE ratio of 23.11, a price-to-earnings-growth ratio of 2.56 and a beta of 0.49.
Johnson & Johnson Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Tuesday, May 27th will be paid a $1.30 dividend. This is a boost from Johnson & Johnson’s previous quarterly dividend of $1.24. This represents a $5.20 dividend on an annualized basis and a yield of 3.38%. Johnson & Johnson’s dividend payout ratio (DPR) is currently 74.59%.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on JNJ
Insider Transactions at Johnson & Johnson
In other news, EVP Timothy Schmid sold 403 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $156.15, for a total transaction of $62,928.45. Following the transaction, the executive vice president now directly owns 15,098 shares in the company, valued at approximately $2,357,552.70. This trade represents a 2.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Robert J. Decker sold 6,999 shares of Johnson & Johnson stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $165.88, for a total transaction of $1,160,994.12. Following the completion of the transaction, the vice president now owns 21,001 shares in the company, valued at approximately $3,483,645.88. This represents a 25.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.16% of the company’s stock.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Johnson & Johnson stock. Brighton Jones LLC boosted its holdings in Johnson & Johnson (NYSE:JNJ – Free Report) by 13.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,876 shares of the company’s stock after acquiring an additional 6,332 shares during the quarter. Brighton Jones LLC’s holdings in Johnson & Johnson were worth $7,502,000 as of its most recent filing with the SEC. 69.55% of the stock is currently owned by institutional investors and hedge funds.
Johnson & Johnson Company Profile
Johnson & Johnson is a holding company, which engages in the research, development, manufacture, and sale of products in the healthcare field. It operates through the Innovative Medicine and MedTech segments. The Innovative Medicine segment focuses on immunology, infectious diseases, neuroscience, oncology, cardiovascular and metabolism, and pulmonary hypertension.
Featured Stories
- Five stocks we like better than Johnson & Johnson
- Russell 2000 Index, How Investors Use it For Profitable Trading
- 3 High-Value Companies With Triple-Digit Upside Potential
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Johnson & Johnson Earnings Were More Good Than Bad—Time to Buy?
- What is a buyback in stocks? A comprehensive guide for investors
- The 2 Worst Performing S&P 500 Stocks YTD: Buy, Sell, or Avoid?
Receive News & Ratings for Johnson & Johnson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson & Johnson and related companies with MarketBeat.com's FREE daily email newsletter.