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Westpac Banking Corp Sells 192,981 Shares of Kenvue Inc. $KVUE
Westpac Banking Corp significantly reduced its stake in Kenvue Inc. by 88.4% in the third quarter, selling 192,981 shares and retaining 25,302 shares valued at $411,000. Other institutional investors also adjusted their positions in Kenvue, while insider Jeffrey C. Smith acquired 3.2 million shares. Analysts have given Kenvue an average “Hold” rating with a consensus target price of $19.50.