111 Capital Grows Position in Kimberly-Clark Corporation $KMB

111 Capital increased its position in Kimberly-Clark Corporation (NASDAQ:KMB) by 240.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,079 shares of the company’s stock after purchasing an additional 5,704 shares during the quarter. 111 Capital’s holdings in Kimberly-Clark were worth $815,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. MCF Advisors LLC lifted its stake in shares of Kimberly-Clark by 3.0% in the 4th quarter. MCF Advisors LLC now owns 5,170 shares of the company’s stock valued at $527,000 after purchasing an additional 153 shares during the period. Ipsen Advisor Group LLC lifted its stake in shares of Kimberly-Clark by 124.3% in the 4th quarter. Ipsen Advisor Group LLC now owns 3,698 shares of the company’s stock valued at $373,000 after purchasing an additional 2,049 shares during the period. Pinebridge Investments LLC purchased a new position in shares of Kimberly-Clark in the 4th quarter valued at approximately $33,036,000. WINTON GROUP Ltd purchased a new position in shares of Kimberly-Clark in the 4th quarter valued at approximately $3,047,000. Finally, SlateStone Wealth LLC lifted its stake in shares of Kimberly-Clark by 1.1% in the 4th quarter. SlateStone Wealth LLC now owns 52,192 shares of the company’s stock valued at $5,266,000 after purchasing an additional 547 shares during the period. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Barclays lowered their target price on Kimberly-Clark from $105.00 to $99.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. UBS Group raised their price objective on Kimberly-Clark from $105.00 to $106.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reduced their price objective on Kimberly-Clark from $110.00 to $109.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Piper Sandler reduced their price objective on Kimberly-Clark from $133.00 to $114.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Finally, Wells Fargo & Company reduced their price objective on Kimberly-Clark from $110.00 to $100.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $114.93.

Key Stories Impacting Kimberly-Clark

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

Insiders Place Their Bets

In other Kimberly-Clark news, insider Katy Chen sold 1,596 shares of Kimberly-Clark stock in a transaction on Monday, May 4th. The stock was sold at an average price of $95.34, for a total value of $152,162.64. Following the completion of the sale, the insider owned 8,362 shares of the company’s stock, valued at approximately $797,233.08. This trade represents a 16.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 Kimberly-Clark 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 SEC filing for this sale provides additional information. In the last three months, insiders sold 7,096 shares of company stock valued at $689,687. Corporate insiders own 0.75% of the company’s stock.

Kimberly-Clark Stock Up 4.8%

KMB stock opened at $99.04 on Friday. Kimberly-Clark Corporation has a twelve month low of $92.42 and a twelve month high of $137.46. The company has a quick ratio of 0.55, a current ratio of 0.77 and a debt-to-equity ratio of 3.38. The firm has a market cap of $32.88 billion, a PE ratio of 15.55, a price-to-earnings-growth ratio of 4.24 and a beta of 0.28. The business has a 50 day moving average of $97.47 and a 200 day moving average of $101.06.

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

Kimberly-Clark Announces Dividend

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

Kimberly-Clark Company 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.