Sunbelt Securities Inc. Lowers Holdings in Johnson & Johnson $JNJ

Institutional investor reduces stake in pharmaceutical giant

Mar. 18, 2026 at 10:34am

Sunbelt Securities Inc., an investment management firm, has lowered its stake in Johnson & Johnson (NYSE: JNJ) by 27.1% in the third quarter, according to a recent 13F filing with the SEC. The firm now owns 40,848 shares of the company's stock, down from 56,021 shares previously.

Why it matters

This move by Sunbelt Securities reflects broader trends in the investment community's sentiment towards Johnson & Johnson. As a major pharmaceutical and consumer healthcare company, JNJ's performance is closely watched by investors and analysts.

The details

According to the 13F filing, Sunbelt Securities sold 15,173 shares of Johnson & Johnson during the third quarter. The firm's total holdings in JNJ are now valued at $7,574,000. This reduction in stake comes as Johnson & Johnson's stock has seen strong performance, with the share price rising over 20% in the past year.

  • Sunbelt Securities filed the 13F report disclosing the reduced JNJ holdings in the third quarter of the year.

The players

Sunbelt Securities Inc.

An investment management firm that has lowered its stake in Johnson & Johnson.

Johnson & Johnson

A multinational pharmaceutical and consumer healthcare company.

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The takeaway

This move by Sunbelt Securities highlights the broader investment landscape around Johnson & Johnson. While the company has seen strong stock performance, some institutional investors may be taking profits or rebalancing their portfolios, which could impact the stock price going forward.