Kenvue Inc. (NYSE:KVUE) Given Consensus Rating of “Hold” by Analysts

Kenvue Inc. (NYSE:KVUEGet Free Report) has received an average rating of “Hold” from the eighteen analysts that are covering the company, Marketbeat.com reports. Twelve analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $20.2333.

A number of equities analysts have issued reports on the stock. Bank of America cut their price objective on shares of Kenvue from $25.00 to $21.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Evercore ISI set a $18.00 price objective on shares of Kenvue in a research note on Tuesday, October 28th. Jefferies Financial Group cut their target price on Kenvue from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Monday, October 27th. Edward Jones downgraded Kenvue from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 3rd. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Kenvue in a research note on Friday, January 9th.

Read Our Latest Analysis on Kenvue

Insider Activity at Kenvue

In related news, Director Jeffrey C. Smith purchased 3,200,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average price of $17.37 per share, with a total value of $55,584,000.00. Following the acquisition, the director owned 27,307,632 shares of the company’s stock, valued at $474,333,567.84. This trade represents a 13.27% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.17% of the company’s stock.

Institutional Trading of Kenvue

Hedge funds have recently made changes to their positions in the company. Cornerstone Planning Group LLC increased its holdings in Kenvue by 705.2% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,554 shares of the company’s stock worth $25,000 after acquiring an additional 1,361 shares during the last quarter. NBT Bank N A NY increased its stake in shares of Kenvue by 180.3% in the third quarter. NBT Bank N A NY now owns 1,564 shares of the company’s stock worth $25,000 after purchasing an additional 1,006 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in shares of Kenvue in the third quarter valued at approximately $25,000. Trust Co. of Vermont lifted its stake in shares of Kenvue by 266.8% during the 2nd quarter. Trust Co. of Vermont now owns 1,581 shares of the company’s stock valued at $33,000 after buying an additional 1,150 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its stake in shares of Kenvue by 150.1% during the 3rd quarter. Golden State Wealth Management LLC now owns 1,983 shares of the company’s stock valued at $32,000 after buying an additional 1,190 shares in the last quarter. 97.64% of the stock is currently owned by institutional investors.

Kenvue Price Performance

Shares of NYSE KVUE opened at $17.36 on Thursday. The stock has a market cap of $33.25 billion, a price-to-earnings ratio of 23.14 and a beta of 0.60. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.69 and a current ratio of 0.98. Kenvue has a fifty-two week low of $14.02 and a fifty-two week high of $25.17. The firm’s 50-day simple moving average is $17.13 and its 200 day simple moving average is $18.08.

Kenvue (NYSE:KVUEGet Free Report) last issued its quarterly earnings data on Monday, November 3rd. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. The firm had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.83 billion. Kenvue had a return on equity of 20.02% and a net margin of 9.55%.The company’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.28 earnings per share. Kenvue has set its FY 2025 guidance at 1.000-1.050 EPS. As a group, research analysts anticipate that Kenvue will post 1.14 earnings per share for the current fiscal year.

Kenvue Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 11th will be given a dividend of $0.2075 per share. The ex-dividend date of this dividend is Wednesday, February 11th. Kenvue’s dividend payout ratio is currently 110.67%.

About Kenvue

(Get Free Report)

Kenvue is a consumer health company that was established as a standalone, publicly traded business after separating from Johnson & Johnson. Listed on the New York Stock Exchange under the symbol KVUE, Kenvue focuses on the development, manufacture, marketing and distribution of consumer health and personal care products across a range of categories including skin and beauty care, baby care, oral care, wound care and over‑the‑counter medicines.

The company owns and markets a portfolio of widely recognized consumer brands, including names familiar to global shoppers across retail and pharmacy channels.

Read More

Analyst Recommendations for Kenvue (NYSE:KVUE)

Receive News & Ratings for Kenvue Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kenvue and related companies with MarketBeat.com's FREE daily email newsletter.