Quantinno Capital Management LP Acquires 502,024 Shares of Kenvue Inc. $KVUE
Quantinno Capital Management LP increased its stake in Kenvue Inc. by 59.5% in the first quarter, acquiring an additional 502,024 shares, bringing their total ownership to 1.35 million shares valued at approximately $23.2 million. Institutional investors now own 97.64% of Kenvue, while analysts maintain an average "Hold" rating with a consensus price target of $19.58. Kenvue also surpassed earnings expectations with an adjusted EPS of $0.32 and revenue of $3.91 billion, and declared a quarterly dividend of $0.21 per share.
Why it matters
Attributed market update with source link for portfolio context.