Kimberly-Clark Corporation $KMB Shares Acquired by Fieldview Capital Management LLC

Key Points

• Fieldview Capital increased its stake in Kimberly‑Clark by 61.2% during Q3 to 36,365 shares valued at about $4.52 million, becoming one of the firm's larger holdings.
• Dividend raised to $1.28 quarterly (annualized $5.12) for a 4.9% yield, with an ex-dividend date of March 6 and a payout ratio of 84.35%.
• Recent quarter: Kimberly‑Clark reported $1.86 EPS (beat by $0.05) and $4.08B revenue (slightly below estimates), while analysts maintain a consensus "Hold" rating with a $119 target price.

Fieldview Capital Management LLC increased its stake in shares of Kimberly-Clark Corporation (NASDAQ:KMB - Free Report) by 61.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,365 shares of the company's stock after acquiring an additional 13,803 shares during the period. Kimberly-Clark comprises 0.7% of Fieldview Capital Management LLC's holdings, making the stock its 29th largest position. Fieldview Capital Management LLC's holdings in Kimberly-Clark were worth $4,522,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new stake in shares of Kimberly-Clark during the 3rd quarter worth approximately $25,000. Winnow Wealth LLC purchased a new position in shares of Kimberly-Clark during the 2nd quarter valued at approximately $27,000. Darwin Wealth Management LLC acquired a new position in shares of Kimberly-Clark in the 2nd quarter valued at $27,000. True Wealth Design LLC boosted its holdings in Kimberly-Clark by 177.6% during the third quarter. True Wealth Design LLC now owns 211 shares of the company's stock worth $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% during the second 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 in the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Kimberly-Clark Stock Down 0.3%

Shares of NASDAQ KMB opened at $104.58 on Monday. The firm has a market cap of $34.71 billion, a price-to-earnings ratio of 17.23, a price-to-earnings-growth ratio of 3.76 and a beta of 0.24. The company's 50-day simple moving average is $103.41 and its 200-day simple moving average is $111.07. 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 Corporation has a 52-week low of $96.26 and a 52-week high of $150.45.

Kimberly-Clark (NASDAQ:KMB - Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.05. The firm had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.11 billion. Kimberly-Clark had a net margin of 11.73% and a return on equity of 170.48%. The company's revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.50 EPS. Equities analysts predict that Kimberly-Clark Corporation will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently announced 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 of this dividend is Friday, March 6th. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.26. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.9%. Kimberly-Clark's payout ratio is currently 84.35%.

Wall Street Analyst Weigh In

KMB has been the subject of a number of recent analyst reports. Argus raised shares of Kimberly-Clark from a "hold" rating to a "buy" rating and set a $120.00 price objective for the company in a report on Thursday, November 13th. Weiss Ratings restated a "hold (c-)" rating on shares of Kimberly-Clark in a research report on Monday, December 29th. Zacks Research lowered Kimberly-Clark from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 3rd. Barclays set a $102.00 price target on Kimberly-Clark in a report on Friday, January 16th. Finally, UBS Group increased their price target on Kimberly-Clark from $107.00 to $110.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 28th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $119.00.

Insider Buying and Selling at Kimberly-Clark

In other 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 sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.64% of the stock is currently owned by company insiders.

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.

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