Ferguson Wellman Capital Management Portfolio Changes in Q3 2026

Ferguson Wellman Capital Management, Inc. has released its portfolio changes for the quarter ending September 30, 2026. The firm's holdings reflect a dynamic investment strategy focused on specific sectors and individual stock performance.

A key observation is the substantial increase in holdings of Johnson & Johnson (JNJ). The firm added 665,033 shares, representing an 81,002.8% increase in the quarter, significantly boosting its position in the Healthcare sector.

Other notable purchases include Johnson & Johnson (JNJ) again, as well as additions to positions in companies like Veralto Corp (VLTO) and Imperial Brands Plc (IMBBY), although the latter was a new position acquired at full percentage increase.

On the selling side, Ferguson Wellman Capital Management exited several positions entirely, including Thales ADR (THLLY) and Honeywell Aerospace Inc (HONA), reducing their allocations to near zero levels. These exits were part of a broader trend of divesting from certain industrial holdings.

The firm also saw significant reductions in its positions in Honeywell International Inc (HON) and Stryker (SYK), indicating a strategic shift away from these specific stocks despite ongoing interest in the broader Industrials sector.

Overall, the portfolio shows a mix of strategic buying in established names like JNJ and emerging opportunities, alongside disciplined selling and exiting of positions that no longer align with the investment thesis.