Kepler Cheuvreux Suisse SA Makes New $5.26 Million Investment in Kimberly-Clark Corporation $KMB

Kepler Cheuvreux Suisse SA acquired a new stake in shares of Kimberly-Clark Corporation (NASDAQ:KMB) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 42,260 shares of the company’s stock, valued at approximately $5,255,000.

Other hedge funds also recently made changes to their positions in the company. Cloud Capital Management LLC purchased a new position in Kimberly-Clark during the third quarter valued at approximately $25,000. Winnow Wealth LLC purchased a new stake in shares of Kimberly-Clark in the second quarter worth $27,000. Darwin Wealth Management LLC purchased a new position in shares of Kimberly-Clark during the 2nd quarter valued at $27,000. True Wealth Design LLC lifted its stake in shares of Kimberly-Clark by 177.6% during the 3rd quarter. True Wealth Design LLC now owns 211 shares of the company’s stock valued at $26,000 after buying an additional 135 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in Kimberly-Clark by 105.8% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 247 shares of the company’s stock worth $32,000 after buying an additional 127 shares during the period. 76.29% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Kimberly-Clark news, VP Andrew Scribner sold 3,049 shares of Kimberly-Clark stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $104.29, for a total value of $317,980.21. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.64% of the stock is owned by corporate insiders.

Kimberly-Clark Stock Down 1.1%

Shares of KMB stock opened at $101.71 on Wednesday. The company’s fifty day simple moving average is $103.45 and its two-hundred day simple moving average is $110.63. Kimberly-Clark Corporation has a 52 week low of $96.26 and a 52 week high of $147.31. The stock has a market cap of $33.76 billion, a P/E ratio of 16.76, a PEG ratio of 3.66 and a beta of 0.24. The company has a quick ratio of 0.54, a current ratio of 0.75 and a debt-to-equity ratio of 3.97.

Kimberly-Clark (NASDAQ:KMB) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.05. Kimberly-Clark had a return on equity of 170.48% and a net margin of 11.73%.The firm had revenue of $4.08 billion during the quarter, compared to analyst estimates of $4.11 billion. During the same quarter last year, the business posted $1.50 earnings per share. The business’s quarterly revenue was down .6% compared to the same quarter last year. Analysts predict that Kimberly-Clark Corporation will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th will be issued a dividend of $1.28 per share. The ex-dividend date is Friday, March 6th. This represents a $5.12 annualized dividend and a yield of 5.0%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.26. Kimberly-Clark’s dividend payout ratio (DPR) is 84.35%.

Wall Street Analyst Weigh In

KMB has been the subject of a number of analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kimberly-Clark in a research note on Monday, December 29th. UBS Group upped their price objective on Kimberly-Clark from $107.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Barclays set a $102.00 target price on Kimberly-Clark in a research report on Friday, January 16th. Zacks Research downgraded Kimberly-Clark from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Finally, TD Cowen lowered their price target on Kimberly-Clark from $112.00 to $105.00 and set a “hold” rating on the stock in a report on Thursday, January 8th. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $119.00.

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.