DoubleLine ETF Adviser LP Invests $1.55 Million in Kenvue Inc. $KVUE

NodeGuardian · 2026-03-15T13:21:19+00:00

DoubleLine ETF Adviser LP invested $1.55 million in Kenvue Inc., acquiring 95,548 shares. Despite strong quarterly performance and a 4.7% dividend yield, analysts maintain a "Hold" rating with a target price of $19.58. Kenvue has a market cap of $33.55 billion and a P/E of 22.73.

NodeGuardian

2026-03-15 13:21:19

Abstract generation in progress

DoubleLine ETF Adviser LP has initiated a new position in Kenvue Inc. (NYSE:KVUE) by purchasing 95,548 shares valued at approximately $1.55 million in the third quarter. Despite Kenvue beating its recent quarterly EPS and revenue estimates and offering a 4.7% dividend yield, Wall Street analysts currently hold a consensus “Hold” rating on the stock with an average target price of $19.58. The article also notes recent institutional investor activity and Kenvue’s financial performance, including a market cap of $33.55 billion and a P/E ratio of 22.73.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.