Focused Investors LLC Decreases Holdings in Johnson & Johnson $JNJ

Focused Investors LLC reduced its stake in Johnson & Johnson (JNJ) by 2.6% in Q4, selling 25,150 shares and ending with 959,600 shares worth approximately $198.59 million. Despite this reduction, J&J remains the fund’s third-largest holding. The company recently reported strong Q1 earnings, beating estimates, and raised its quarterly dividend to $1.34 per share, contributing to a “Moderate Buy” consensus rating from analysts.

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