111 Capital Acquires 5,704 Shares of Kimberly-Clark Corporation $KMB

111 Capital grew its holdings in Kimberly-Clark Corporation (NASDAQ:KMB) by 240.2% in the fourth quarter, Holdings Channel reports. The firm owned 8,079 shares of the company’s stock after buying an additional 5,704 shares during the quarter. 111 Capital’s holdings in Kimberly-Clark were worth $815,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. MCF Advisors LLC grew its holdings in shares of Kimberly-Clark by 3.0% in the fourth quarter. MCF Advisors LLC now owns 5,170 shares of the company’s stock worth $527,000 after acquiring an additional 153 shares during the period. Ipsen Advisor Group LLC grew its holdings in shares of Kimberly-Clark by 124.3% in the fourth quarter. Ipsen Advisor Group LLC now owns 3,698 shares of the company’s stock worth $373,000 after acquiring an additional 2,049 shares during the period. Pinebridge Investments LLC bought a new stake in shares of Kimberly-Clark in the fourth quarter worth $33,036,000. WINTON GROUP Ltd bought a new stake in shares of Kimberly-Clark in the fourth quarter worth $3,047,000. Finally, SlateStone Wealth LLC grew its holdings in shares of Kimberly-Clark by 1.1% in the fourth quarter. SlateStone Wealth LLC now owns 52,192 shares of the company’s stock worth $5,266,000 after acquiring an additional 547 shares during the period. Institutional investors own 76.29% of the company’s stock.

Trending Headlines about 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

Insider Buying and Selling at Kimberly-Clark

In related 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 transaction of $152,162.64. Following the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 shares were 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. Insiders have sold 7,096 shares of company stock worth $689,687 over the last quarter. 0.75% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Bank of America cut their price objective on Kimberly-Clark from $130.00 to $120.00 and set a “buy” rating for the company in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft cut 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. UBS Group lifted their price objective on Kimberly-Clark from $105.00 to $106.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Barclays cut their price objective on Kimberly-Clark from $105.00 to $99.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kimberly-Clark in a report on Friday, March 27th. Four analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $114.93.

Kimberly-Clark Price Performance

NASDAQ KMB opened at $99.04 on Friday. The company has a market capitalization 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 company has a debt-to-equity ratio of 3.38, a quick ratio of 0.55 and a current ratio of 0.77. The business’s fifty day moving average is $97.47 and its 200 day moving average is $101.06. Kimberly-Clark Corporation has a fifty-two week low of $92.42 and a fifty-two week high of $137.46.

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

Kimberly-Clark Dividend Announcement

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