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Amendment No. 2 to Schedule 13G shows that The Vanguard Group has a significant passive stake in Kenvue Inc. (KVUE) as of 30 June 2025.
- Beneficial ownership: 233,245,730 common shares, equal to 12.14 % of outstanding stock.
- Voting power: Sole 0; Shared 2,284,446 shares.
- Dispositive power: Sole 223,757,686; Shared 9,488,044 shares.
- Vanguard files under Rule 13d-1(b) as an investment adviser, indicating the holding is for investment purposes only.
- Certification states the shares were acquired in the ordinary course and not to influence control of Kenvue.
The filing confirms strong institutional ownership from one of the world鈥檚 largest asset managers, which can enhance share-base stability and trading liquidity but does not signal any operational or strategic change for the company.