Cullen Capital Administration, LLC disclosed the sale of 6,565,339 shares of Kenvue (KVUE -0.77%) for the interval ended Q2 2025. The transaction was valued at an estimated $149.46 million.
What occurred
Cullen Capital Administration, LLC reported in a September 30, 2025SEC filingthat it diminished its place in Kenvue by 6,565,339 shares throughout Q2 2025. The estimated worth of the shares offered was $149.46 million, based mostly on the typical closing value for the quarter. After the commerce, Cullen retained 2,484,940 shares valued at $52.01 million as of Q2 2025.
What else to know
The fund trimmed its Kenvue stake, which now represents 0.6% of 13F belongings beneath administration as of June 30, 2025.
High holdings after the submitting:
- JPM: $303.61 million (3.5% of AUM) as of Q2 2025.
- CSCO: $279,989,672 (3.1889% of AUM) as of June 30, 2025.
- BAC: $260,614,250 (2.9682% of AUM) as of June 30, 2025.
- NVS: $253.74 million (2.9% of AUM) as of 2025-06-30.
- DUK: $241,854,363 (2.7545% of AUM) as of June 30, 2025.
As of September 29, 2025, shares have been priced at $16.34, down 29.4% over the previous 12 months, lagging the S&P 500 by 42.63 share factors
Firm Overview
MetricValueRevenue (TTM)$15.14 billionNet Revenue (TTM)$1.42 billionDividend Yield5.07percentValue (as of market shut 9/29/25)$16.34
Firm Snapshot
Kenvue Inc. generates income by means of a diversified portfolio of client well being merchandise, together with over-the-counter medicines, pores and skin and sweetness care, and important well being objects beneath manufacturers similar to Tylenol, Neutrogena, and Listerine.
The corporate operates worldwide by means of three segments: Self Care, Pores and skin Well being and Magnificence, and Important Well being.
Kenvue Inc. affords healthcare, private care, and wellness merchandise globally.
Kenvue Inc. is a world client well being firm with a broad portfolio of well-established manufacturers and a robust presence within the over-the-counter and private care markets. Its strategic give attention to important well being and self-care positions it competitively inside the client defensive sector.
Silly take
Cullen Capital diminished Kenvue’s stake to 0.6% of belongings beneath administration after promoting 6.6 million shares. That is notable as a result of KVUE inventory has fallen almost 30% over the previous 12 months, and has badly lagged the S&P 500 by about 43 share factors.
Establishments trim for a lot of causes, from portfolio rebalancing to danger management. Nonetheless, the patron well being sector is often defensive, and KVUE’s underperformance exhibits that not all staples are proof against market headwinds. Kenvue continues to generate $1.4 billion in revenue and affords a 5.07% dividend yield, underscoring its enchantment to income-focused traders.
Wanting forward, the important thing query lies in whether or not this weak point displays turbulence or a deeper problem to Kenvue’s development and margin profile. Traders ought to monitor whether or not Kenvue can ship stabilized earnings and maintain its dividend. If not, extra establishments could comply with Cullen’s lead.
Glossary
13F belongings beneath administration (AUM):The entire worth of securities reported by institutional funding managers in quarterly SEC Type 13F filings.
Dividend yield:The annual dividend fee divided by the inventory’s present value, expressed as a share.
Quarter (Q2 2025):The second three-month interval of an organization’s fiscal 12 months, right here referring to April–June 2025.
High holdings:The biggest investments in a fund’s portfolio, usually by market worth or share of belongings.
Client defensive sector:Trade group together with corporations offering important items, like meals, drinks, and family merchandise, much less delicate to financial cycles.
Over-the-counter medicines:Medication out there with out a prescription, used to deal with frequent well being points.
Portfolio:A set of investments held by a person or establishment.
Lagging the S&P 500:Underperforming the S&P 500 index, that means a decrease return in comparison with this benchmark.
TTM:The 12-month interval ending with the newest quarterly report.
Financial institution of America is an promoting associate of Motley Idiot Cash. JPMorgan Chase is an promoting associate of Motley Idiot Cash. Eric Trie has no place in any of the shares talked about. The Motley Idiot has positions in and recommends Cisco Techniques, JPMorgan Chase, and Kenvue. The Motley Idiot recommends Duke Power and recommends the next choices: lengthy January 2026 $13 calls on Kenvue. The Motley Idiot has a disclosure coverage.
