Dearborn Partners LLC lowered its stake in Kimberly-Clark Corporation (NASDAQ:KMB – Free Report) by 17.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund 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 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Greatmark Investment Partners Inc. grew its stake in Kimberly-Clark by 2.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 3,533 shares of the company’s stock valued at $356,000 after buying an additional 100 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Kimberly-Clark by 0.3% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 37,999 shares of the company’s stock valued at $3,834,000 after buying an additional 100 shares during the last quarter. New Mexico Educational Retirement Board grew its stake in Kimberly-Clark by 0.7% in the 4th quarter. New Mexico Educational Retirement Board now owns 15,093 shares of the company’s stock valued at $1,523,000 after buying an additional 100 shares during the last quarter. ORG Wealth Partners LLC grew its stake in Kimberly-Clark by 15.2% in the 4th quarter. ORG Wealth Partners LLC now owns 864 shares of the company’s stock valued at $87,000 after buying an additional 114 shares during the last quarter. Finally, Advyzon Investment Management LLC grew its stake in Kimberly-Clark by 5.0% in the 3rd quarter. Advyzon Investment Management LLC now owns 2,444 shares of the company’s stock valued at $304,000 after buying an additional 117 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.
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
Analyst Upgrades and Downgrades
Read Our Latest Analysis on KMB
Insider Buying and Selling at Kimberly-Clark
In other news, VP Andrew Scribner sold 4,095 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $98.00, for a total transaction of $401,310.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Katy Chen sold 1,596 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were 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 of the company’s stock, valued at $797,233.08. The trade was a 16.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 7,096 shares of company stock valued at $689,687 in the last ninety days. Insiders own 0.75% of the company’s stock.
Kimberly-Clark Stock Performance
NASDAQ KMB opened at $99.04 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.55 and a debt-to-equity ratio of 3.38. The firm has a market capitalization of $32.88 billion, a price-to-earnings ratio of 15.55, a P/E/G ratio of 4.44 and a beta of 0.28. The firm’s 50 day simple moving average is $97.47 and its 200 day simple moving average is $101.06. Kimberly-Clark Corporation has a 1 year low of $92.42 and a 1 year high of $137.46.
Kimberly-Clark (NASDAQ:KMB – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.04. The business had revenue of $4.16 billion for the quarter, compared to analyst estimates of $4.09 billion. Kimberly-Clark had a net margin of 12.80% and a return on equity of 152.79%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the business posted $1.93 EPS. As a group, research analysts expect that Kimberly-Clark Corporation will post 7.48 earnings per share for the current fiscal year.
Kimberly-Clark Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 5th will be paid a $1.28 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.12 annualized dividend and a yield of 5.2%. Kimberly-Clark’s dividend payout ratio is presently 80.38%.
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.
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