Assetmark Inc. reduced its stake in Kenvue Inc. by 49.3% in Q3, selling 53,749 shares and retaining 55,174 shares valued at approximately $895,000. Despite this reduction by Assetmark, other institutional investors have acquired new positions or increased their holdings in Kenvue. The company recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $0.2075 per share, yielding 4.4%.
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Assetmark Inc. Lowers Stock Holdings in Kenvue Inc. $KVUE
Assetmark Inc. reduced its stake in Kenvue Inc. by 49.3% in Q3, selling 53,749 shares and retaining 55,174 shares valued at approximately $895,000. Despite this reduction by Assetmark, other institutional investors have acquired new positions or increased their holdings in Kenvue. The company recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $0.2075 per share, yielding 4.4%.