5 Biggest Holding Companies in USA

2. Johnson & Johnson (NYSE:JNJ)

Market Capitalization as of March 25: $476.24 billion

Johnson & Johnson (NYSE:JNJ) is an American multinational corporation founded in 1886 that is known for developing medical devices, pharmaceuticals, and consumer packaged goods. The company is home to well-known products including Band-Aid bandages, Tylenol pain medications, Neutrogena skin and body products, and Acuvue contact lenses.

Johnson & Johnson (NYSE:JNJ) has increased its annual revenue by 33.1% over the past decade, while its EPS grew by 39.9% within that period. The previous year, however, was an exception as the company reported EPS of $6.73, down 13.8% on account of inflation, increased supply chain costs, and the adverse effect of a strong dollar on the company’s overseas sales.

At the end of Q4 2022, 84 hedge funds in Insider Monkey’s database owned stakes in Johnson & Johnson (NYSE:JNJ), down from 85 in the previous quarter. The collective value of these stakes is over $5.57 billion. Among these hedge funds, John Overdeck and David Siegel’s Two Sigma Advisors is a prominent stakeholder in Q4.