Royal Bank of Canada Boosts Kenvue Stake by 78.6%

According to its most recent 13F filing with the SEC, Royal Bank of Canada increased its holdings in Kenvue Inc. (NYSE:KVUE) by 78.6% in the first quarter.

The institutional investor owned a total of 8,979,296 shares of the company's stock after purchasing an additional 3,952,444 shares during the period.

Royal Bank of Canada owns approximately 0.47% of Kenvue worth $154,802,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company, with Physician Wealth Advisors Inc. growing its stake by 67.5% and SBI Securities Co. Ltd. boosting its holdings by 82.4% during the fourth quarter.