Algert Global LLC Buys Shares of 212,065 Kenvue Inc. $KVUE

Algert Global LLC has acquired 212,065 shares of Kenvue Inc. (NYSE:KVUE) during the second quarter, valued at approximately $4.05 million, marking a new position for the firm. This acquisition contributes to institutional investors collectively owning 97.64% of the company. Despite cautious analyst ratings with a consensus "Hold" and an average price target of $19.27, Kenvue has increased its quarterly dividend to $0.21 per share, resulting in a 4.4% annualized yield.