Kimberly-Clark Corporation $KMB Shares Acquired by Stephens Inc. AR

Stephens Inc. AR grew its holdings in Kimberly-Clark Corporation (NASDAQ:KMB) by 17.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,034 shares of the company’s stock after purchasing an additional 8,431 shares during the quarter. Stephens Inc. AR’s holdings in Kimberly-Clark were worth $5,699,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Kimberly-Clark by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 40,846,734 shares of the company’s stock worth $4,121,027,000 after acquiring an additional 315,981 shares during the last quarter. State Street Corp boosted its position in Kimberly-Clark by 5.0% during the third quarter. State Street Corp now owns 20,830,890 shares of the company’s stock worth $2,615,382,000 after acquiring an additional 997,397 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in Kimberly-Clark by 50.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,839,572 shares of the company’s stock worth $790,934,000 after acquiring an additional 2,628,206 shares during the last quarter. Capital World Investors boosted its position in Kimberly-Clark by 0.3% during the third quarter. Capital World Investors now owns 4,940,945 shares of the company’s stock worth $614,357,000 after acquiring an additional 14,306 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Kimberly-Clark by 0.3% during the third quarter. Northern Trust Corp now owns 3,890,193 shares of the company’s stock worth $483,707,000 after acquiring an additional 9,951 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Shares of KMB opened at $95.91 on Monday. The firm has a market cap of $31.84 billion, a PE ratio of 15.06, a price-to-earnings-growth ratio of 4.30 and a beta of 0.29. The company’s fifty day moving average is $98.21 and its two-hundred day moving average is $102.02. Kimberly-Clark Corporation has a fifty-two week low of $92.42 and a fifty-two week high of $144.30. The company has a quick ratio of 0.55, a current ratio of 0.77 and a debt-to-equity ratio of 3.38.

Kimberly-Clark (NASDAQ:KMB) last announced its quarterly earnings results 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. The company 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%. Kimberly-Clark’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the business earned $1.93 EPS. Analysts forecast that Kimberly-Clark Corporation will post 7.48 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The business also recently declared 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. This represents a $5.12 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Friday, June 5th. Kimberly-Clark’s dividend payout ratio (DPR) is 80.38%.

Analysts Set New Price Targets

KMB has been the topic of a number of analyst reports. Bank of America decreased their target price on shares of Kimberly-Clark from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Kimberly-Clark from $110.00 to $109.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Wells Fargo & Company decreased their target price on shares of Kimberly-Clark from $110.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Piper Sandler decreased their target price on shares of Kimberly-Clark from $133.00 to $114.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Finally, Barclays decreased their target price on shares of Kimberly-Clark from $105.00 to $99.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Kimberly-Clark currently 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: Kimberly-Clark announced a regular quarterly dividend of $1.28 per share, payable July 2 to shareholders of record on June 5, reinforcing its appeal as a dividend income stock. Kimberly-Clark Declares Quarterly Dividend
• Positive Sentiment: Bank of America reiterated a Buy rating and set a $120 price target, saying Kimberly-Clark’s Kenvue-related deal could create long-term value despite near-term integration risks. Kimberly-Clark positioned for long-term value creation following Kenvue deal, says Bank of America
• Positive Sentiment: The company’s recent Q1 beat, ongoing dividend, and new product launch (Kleenex Snap & Go) suggest operational momentum and product innovation are still supporting the investment case. What Kimberly-Clark (KMB)’s Q1 Beat, New Kleenex Launch and Leadership Shift Means For Shareholders
• Neutral Sentiment: At the annual meeting, shareholders backed the board, executive pay, and auditor, which reduces governance uncertainty but is unlikely to be a major stock driver. Kimberly-Clark Shareholders Back Board, Pay and Auditor
• Neutral Sentiment: One article highlighted that KMB has fallen sharply over the past year and raised valuation questions, but it did not present a new catalyst beyond the existing downtrend. Has Kimberly-Clark (KMB) Fallen Too Far After Its 26.5% One-Year Share Price Decline?
• Neutral Sentiment: Jim Cramer’s comments about the Kenvue transaction were broadly upbeat, but they were opinion-based and less likely to move the stock on their own. Jim Cramer Says Kimberly-Clark and Kenvue Merger “Will Produce Tremendous Returns”

Insiders Place Their Bets

In other Kimberly-Clark news, 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Katy Chen sold 1,596 shares of Kimberly-Clark 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 owned 8,362 shares in the company, 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. In the last quarter, insiders sold 7,096 shares of company stock worth $689,687. 0.75% of the stock is owned by company insiders.

About Kimberly-Clark

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.