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Stocks•8 April 2026•

1 min read

Ascent Group Increases Stake in Johnson & Johnson Amid Positive Analyst Outlook

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Key Facts

1Ascent Group LLC increased its stake in Johnson & Johnson by 7.2% in the fourth quarter, reaching a value of $14.07 million.

2Total insider selling at the company amounted to over $7.36 million in the last ninety days.

3Analysts currently rate the stock as a 'Moderate Buy' with a consensus price target of $237.57.

Ascent Group LLC expanded its position in Johnson & Johnson (JNJ) by 7.2% during the fourth quarter. The investment firm now holds shares valued at approximately $14.07 million, reflecting growing institutional confidence in the healthcare giant. This move comes despite significant insider selling activity, which totaled over $7.36 million within the last 90 days. Market analysts currently maintain a "Moderate Buy" rating on the stock, citing strong commercial milestones and long-term potential. The consensus price target for JNJ stands at $237.57, suggesting a substantial upside from current market levels. Institutional rebalancing remains a key driver for the stock as investors weigh fundamental growth against recent insider transactions.