Neutral
Bank of Nova Scotia reduces Johnson & Johnson stake by 36.3%
In the first quarter, Bank of Nova Scotia decreased its holdings in Johnson & Johnson by 36.3%, selling 433,751 shares and retaining 761,803 shares valued at approximately $186.2 million. This move comes after Johnson & Johnson reported better-than-expected quarterly results, including earnings per share of $2.90 and revenue of $25.31 billion, and raised its full-year 2026 guidance to an EPS of $11.60–$11.75.
Key points
- Bank of Nova Scotia reduces stake in Johnson & Johnson by 36.3%.
- Johnson & Johnson reports Q2 2026 earnings with EPS of $2.90 and revenue of $25.31 billion.
- Company raises full-year 2026 guidance to EPS of $11.60–$11.75.
Sources
AI-generated from public news sources. Not financial advice.
