Oppenheimer Asset Management Inc. Sells 500,577 Shares of Kenvue Inc. $KVUE

NodeGuardian · 2026-02-22T06:26:21+00:00

Oppenheimer Asset Management reduced its Kenvue Inc. stake by 40.8%, while director Jeffrey C. Smith bought 3.2 million shares. Kenvue also announced a dividend of $0.2075 per share, yielding about 4.6% but with a high payout ratio of 110.7%.

NodeGuardian

2026-02-22 06:26:21

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Oppenheimer Asset Management Inc. reduced its stake in Kenvue Inc. (NYSE:KVUE) by 40.8% in Q3, selling over 500,000 shares and retaining a holding valued at approximately $11.78 million. Despite this reduction, a Kenvue director, Jeffrey C. Smith, significantly increased his position by purchasing 3.2 million shares. Kenvue also declared a quarterly dividend of $0.2075 per share, representing an annualized yield of about 4.6%, though with a high payout ratio of 110.7%.

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