Kimberly-Clark Corporation $KMB Shares Bought by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC boosted its stake in shares of Kimberly-Clark Corporation (NASDAQ:KMB) by 122.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 922,106 shares of the company’s stock after buying an additional 507,339 shares during the quarter. Brandywine Global Investment Management LLC’s holdings in Kimberly-Clark were worth $93,022,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of Kimberly-Clark by 74.1% in the fourth quarter. Brighton Jones LLC now owns 6,494 shares of the company’s stock valued at $851,000 after purchasing an additional 2,765 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Kimberly-Clark by 7.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 363,919 shares of the company’s stock worth $46,923,000 after purchasing an additional 24,698 shares in the last quarter. Treasurer of the State of North Carolina increased its position in Kimberly-Clark by 44.3% during the 2nd quarter. Treasurer of the State of North Carolina now owns 284,655 shares of the company’s stock worth $36,698,000 after purchasing an additional 87,455 shares in the last quarter. Main Street Financial Solutions LLC increased its position in Kimberly-Clark by 11.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 3,291 shares of the company’s stock worth $424,000 after purchasing an additional 326 shares in the last quarter. Finally, HUB Investment Partners LLC lifted its stake in shares of Kimberly-Clark by 20.5% during the 2nd quarter. HUB Investment Partners LLC now owns 10,639 shares of the company’s stock worth $1,372,000 after purchasing an additional 1,811 shares during the period. 76.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Kimberly-Clark

In related news, insider Katy Chen sold 1,596 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $95.34, for a total transaction of $152,162.64. Following the transaction, the insider directly owned 8,362 shares in the company, valued at $797,233.08. This trade represents a 16.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, VP Andrew Scribner sold 4,095 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $98.00, for a total value of $401,310.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,096 shares of company stock worth $689,687 in the last 90 days. 0.75% of the stock is currently owned by insiders.

Kimberly-Clark News Summary

Here are the key news stories impacting Kimberly-Clark this week:

• Positive Sentiment: Jim Cramer highlighted Kimberly-Clark as an attractive staple stock, saying he likes it partly because of its pending merger with Kenvue, which may have helped boost investor interest in the name. Article
• Positive Sentiment: Investors are also focusing on Kimberly-Clark’s recent conference presentation and its upcoming dividend schedule, which can attract income-oriented buyers and support the stock during periods of market volatility. Article
• Positive Sentiment: The broader move into consumer staples also appears to be helping, as investors rotate toward more defensive sectors amid sharp weakness in the overall market. Article
• Neutral Sentiment: Kimberly-Clark’s recent conference appearance and prior earnings update reinforced steady fundamentals, but there was no single new operating headline driving the move. Article

Kimberly-Clark Stock Performance

Shares of KMB opened at $99.04 on Monday. Kimberly-Clark Corporation has a one year low of $92.42 and a one year high of $137.46. The company has a debt-to-equity ratio of 3.38, a quick ratio of 0.55 and a current ratio of 0.77. The company has a market capitalization of $32.88 billion, a P/E ratio of 15.55, a P/E/G ratio of 4.44 and a beta of 0.28. The stock has a 50-day moving average price of $97.47 and a 200 day moving average price of $101.04.

Kimberly-Clark (NASDAQ:KMB) last released its quarterly earnings results on Tuesday, April 28th. The company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $0.04. Kimberly-Clark had a net margin of 12.80% and a return on equity of 152.79%. The business had revenue of $4.16 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same quarter last year, the company earned $1.93 earnings per share. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. Sell-side analysts forecast that Kimberly-Clark Corporation will post 7.48 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th will be given a $1.28 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.12 annualized dividend and a dividend yield of 5.2%. Kimberly-Clark’s payout ratio is presently 80.38%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on KMB shares. Barclays decreased their price target on Kimberly-Clark from $105.00 to $99.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft dropped their price objective on Kimberly-Clark from $110.00 to $109.00 and set a “hold” rating for the company in a report on Monday, March 30th. Wells Fargo & Company dropped their price objective on Kimberly-Clark from $110.00 to $100.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Piper Sandler cut their price objective on Kimberly-Clark from $133.00 to $114.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Finally, Zacks Research downgraded Kimberly-Clark from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $114.93.

Kimberly-Clark Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.