Hudson Bay Capital Management LP Buys 388,688 Shares of Kenvue Inc. $KVUE

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Hudson Bay Capital Management LP has significantly increased its stake in Kenvue Inc. (NYSE:KVUE), purchasing an additional 388,688 shares in the third quarter, bringing its total holdings to 738,688 shares valued at approximately $11.99 million. Kenvue’s recent earnings exceeded analyst estimates, and the company pays a quarterly dividend yielding about 4.8%. Analysts currently have a consensus “Hold” rating on Kenvue, with an average price target of $19.58.

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