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

Key Points

• Kepler Cheuvreux Suisse SA acquired a new stake of 42,260 shares in Kimberly‑Clark during Q3, valued at about $5.255 million.
• Kimberly‑Clark raised its quarterly dividend to $1.28 per share (annualized $5.12), implying a yield of about 5.0% with an ex‑dividend date of March 6.
• In the latest quarter the company reported $1.86 EPS, beating estimates by $0.05, while revenue was $4.08 billion—slightly below analyst expectations.

Kepler Cheuvreux Suisse SA acquired a new stake in shares of Kimberly-Clark Corporation (NASDAQ:KMB - Free Report) 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 - Get Free Report) 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.