Dearborn Partners LLC Has $2.63 Million Stock Holdings in Kimberly-Clark Corporation $KMB

Dearborn Partners LLC decreased its position in Kimberly-Clark Corporation (NASDAQ:KMB) by 17.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,022 shares of the company’s stock after selling 5,468 shares during the period. Dearborn Partners LLC’s holdings in Kimberly-Clark were worth $2,625,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in KMB. Brighton Jones LLC grew its holdings in shares of Kimberly-Clark by 74.1% in the 4th quarter. Brighton Jones LLC now owns 6,494 shares of the company’s stock valued at $851,000 after buying an additional 2,765 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of Kimberly-Clark by 7.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 363,919 shares of the company’s stock valued at $46,923,000 after buying an additional 24,698 shares during the period. Treasurer of the State of North Carolina grew its holdings in shares of Kimberly-Clark by 44.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 284,655 shares of the company’s stock valued at $36,698,000 after buying an additional 87,455 shares during the period. Main Street Financial Solutions LLC grew its holdings in shares of Kimberly-Clark by 11.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,291 shares of the company’s stock valued at $424,000 after buying an additional 326 shares during the period. Finally, HUB Investment Partners LLC grew its holdings in shares of Kimberly-Clark by 20.5% in the 2nd quarter. HUB Investment Partners LLC now owns 10,639 shares of the company’s stock valued at $1,372,000 after buying an additional 1,811 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Trading Up 4.8%

Shares of NASDAQ:KMB opened at $99.04 on Friday. The company’s 50-day moving average price is $97.47 and its two-hundred day moving average price is $101.06. The company has a debt-to-equity ratio of 3.38, a current ratio of 0.77 and a quick ratio of 0.55. Kimberly-Clark Corporation has a one year low of $92.42 and a one year high of $137.46. The stock has a market capitalization of $32.88 billion, a PE ratio of 15.55, a price-to-earnings-growth ratio of 4.44 and a beta of 0.28.

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

Kimberly-Clark Announces Dividend

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

Key Kimberly-Clark News

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on KMB. Zacks Research lowered shares of Kimberly-Clark from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. UBS Group boosted their price objective on shares of Kimberly-Clark from $105.00 to $106.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Barclays reduced their target price on shares of 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. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Kimberly-Clark from $110.00 to $109.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kimberly-Clark in a research note on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark has an average rating of “Hold” and an average price target of $114.93.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Scribner sold 4,095 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $98.00, for a total value of $401,310.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Katy Chen sold 1,596 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $95.34, for a total transaction of $152,162.64. Following the completion of the sale, the insider directly owned 8,362 shares in the company, valued at approximately $797,233.08. The trade was a 16.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 7,096 shares of company stock worth $689,687. 0.75% of the stock is owned by insiders.

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.