Who owns the most Johnson and Johnson stock?
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, State Farm Mutual Automobile Insurance Co, Spdr S&p 500 Etf Trust, and ...
Video Transcript. BRAD SMITH: Warren Buffett's Berkshire Hathaway has sold its stake in a handful of companies, including General Motors and Johnson & Johnson and offloading smaller positions in companies like Procter & Gamble, according to its latest 13F filing.
with 9.5% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 7.7% of common stock, and State Street Global Advisors, Inc. holds about 5.4% of the company stock.
Joaquin Duato is Chairman and Chief Executive Officer of Johnson & Johnson, the world's largest, most diversified healthcare products company.
| Holder | Shares | Date Reported |
|---|---|---|
| Vanguard Group Inc | 229,387,671 | Dec 30, 2023 |
| Blackrock Inc. | 186,308,341 | Dec 30, 2023 |
| State Street Corporation | 132,904,295 | Dec 30, 2023 |
| Geode Capital Management, LLC | 51,256,785 | Dec 30, 2023 |
The vast majority of the family wealth is tied to S.C. Johnson, a household cleaning products company with an estimated $11 billion in sales in 2020. The family's other holdings include Johnson Financial Group and Johnson Outdoors.
While JNJ does not appear to be a bad or grossly overvalued company at present, it is highly likely that Buffett has better places to allocate that money to right now, likely moving him - or one of his portfolio managers - to sell Berkshire's position and reinvest the proceeds elsewhere.
Berkshire Hathaway: 17%
He joined Gates in 2006 and has since donated $36 billion through 2022 to the Gates Foundation -- and has encouraged other wealthy individuals to become benefactors. As a result, the Gates Foundation owns nearly 20 million Berkshire shares valued at $7.1 billion.
Five companies make up roughly 79% of Berkshire Hathaway's equity holdings as of December 31, 2023: Apple, American Express, Coca-Cola, Bank of America, and Chevron.
Who are the heirs to Johnson and Johnson?
James Wittenborn Johnson (born 1979) is an American heir, filmmaker, and socialite. He is a great-grandson of Robert Wood Johnson I (co-founder of Johnson & Johnson).
NEW BRUNSWICK, N.J. September 28, 2022 — Johnson & Johnson (the “Company”) (NYSE: JNJ) today took another step forward in establishing two independent, market-leading companies with the announcement of Kenvue as the name for the planned New Consumer Health Company.
Who owns BlackRock? BlackRock is not owned by a single individual or company. Instead, its shares are owned by a large number of individual and institutional investors. The biggest institutional shareholders such as The Vanguard Group and State Street are merely custodians of the stock for their clients.
The estimated net worth of Alex Gorsky is at least $54 Million dollars as of 2024-04-01. Alex Gorsky is the Chairman, CEO of Johnson & Johnson and owns about 338,128 shares of Johnson & Johnson (JNJ) stock worth over $53 Million.
Former Executive Vice President, Worldwide…
I am writing to share the news that after nearly three decades with Johnson & Johnson and five years as Executive Vice President and worldwide chair of our MedTech business, I have decided to move on from the company to pursue new opportunities.
The main competitors of Johnson & Johnson include Merck & Co., Inc. (MRK), AbbVie (ABBV), Pfizer (PFE), Bristol-Myers Squibb (BMY), Eli Lilly and Company (LLY), AstraZeneca (AZN), Novartis (NVS), Abbott Laboratories (ABT), Novo Nordisk A/S (NVO), and Sanofi (SNY).
Vanguard set out in 1975 under a radical ownership structure that remains unique in the asset management industry. Our company is owned by its member funds, which in turn are owned by fund shareholders. With no outside owners to satisfy, we focus squarely on meeting the investment needs of our clients.
Johnson & Johnson acquired Pfizer's consumer healthcare business, expanding the company's capacity to meet rising global needs.
Total debt on the balance sheet as of December 2023 : $29.33 B. According to Johnson & Johnson's latest financial reports the company's total debt is $29.33 B. A company's total debt is the sum of all current and non-current debts.
Johnson family is the 6th-richest in America with a fortune of $37 billion.
How much of J&J does Woody Johnson own?
Today, over 70% of J&J shares are held by institutional investors and no Johnson family member owns more than 100,000 of the 7.6 billion shares of the company. Johnson's personal net worth was estimated at $5.7 billion in March 2022.
The company was bought by Procter & Gamble in 2004 and its products were marketed as part of the P&G portfolio. In March 2009, a consortium of African-American investment firms bought the company from P&G to reestablish its position as an African-American-owned company.
2. McDonald's. It's important to clarify that McDonald's stock is not directly in Buffett's Berkshire Hathaway portfolio. Rather, its position is held in New England Asset Management (NEAM), a subsidiary of Berkshire Hathaway.
Johnson & Johnson isn't the safe stock it used to be
But that's no longer the case. Until there is a resolution to the talc-related issues, the stock is simply too big of a risk these days. The legal bills pose a threat to the company's dividend and its long-term growth objectives.
Johnson & Johnson's analyst rating consensus is a Moderate Buy. This is based on the ratings of 13 Wall Streets Analysts.
