Sector Update: Healthcare Stocks Fall Late Afternoon

03:47 PM EDT, 10/13/2026 (MT Newswires) -- Healthcare stocks were lower late Tuesday afternoon, with the NYSE Healthcare Index and the State Street Health Care Select Sector SPDR ETF (XLV) each dropping 1.4%. The iShares Biotechnology ETF (IBB) shed 1.8%. In corporate news, CVS Health (CVS) and related entities agreed to pay $315 million to resolve allegations that they illegally filled prescriptions for opioids and other controlled substances and billed Medicare and other federal healthcare programs for them, the Justice Department said Tuesday. CVS shares were up 0.1%. Johnson & Johnson (JNJ) reported fiscal Q3 adjusted EPS Tuesday of $2.59, down from $2.80 a year earlier but above the FactSet consensus of $2.52. For fiscal 2026, the company now expects adjusted EPS of $11.05 to $11.15, up from its previous guidance of $10.96 to $11.11 but below the FactSet consensus of $11.19. Its shares were falling nearly 6%. UnitedHealth (UNH) reported Q3 adjusted EPS of $4.69, up from $2.92 a year ago, and above the FactSet consensus of $4.14. For 2026, the firm now expects adjusted EPS of at least $20.50, compared with its $19.50 to $20 previously. Analysts are looking for $19.80. UnitedHealth shares were down 0.4%. Acadia Pharmaceuticals (ACAD) shares fell 4% after UBS downgraded the stock to neutral from buy.