Category: Markets
Published: 2026-07-07T13:47:40.000Z
Credit Industriel ET Commercial significantly increased its stake in Kenvue Inc. (KVUE), making it their 9th largest position, now holding 543,251 shares worth approximately $9.37 million. Kenvue reported strong quarterly results, exceeding EPS and revenue estimates, with a 4.5% year-over-year revenue increase. The company also offers a 4.2% dividend yield, though its payout ratio is high at 97.65%, and analysts generally rate the stock as a "Hold" with a target price of $19.33.
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