Night Squared LP Invests $8.06 Million in Kimberly-Clark Corporation $KMB

Key Points

• Night Squared LP bought 64,822 shares of Kimberly‑Clark (~$8.06 million) in Q3, making KMB 2.9% of the fund’s holdings and its eighth‑largest position.
• Institutional ownership stands at 76.29%, with Vanguard increasing its stake to 40,435,476 shares (up 14.8%), signaling continued institutional accumulation.
• Kimberly‑Clark raised its quarterly dividend to $1.28 (annualized $5.12) for a 5.2% yield, and reported Q1 EPS of $1.86, beating estimates by $0.05.

Night Squared LP acquired a new stake in Kimberly-Clark Corporation (NASDAQ:KMB - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 64,822 shares of the company's stock, valued at approximately $8,060,000. Kimberly-Clark comprises 2.9% of Night Squared LP's holdings, making the stock its 8th biggest position.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Kimberly-Clark by 14.8% in the 2nd quarter. Vanguard Group Inc. now owns 40,435,476 shares of the company's stock valued at $5,212,942,000 after acquiring an additional 5,200,011 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Kimberly-Clark by 1.9% during the second quarter. Charles Schwab Investment Management Inc. now owns 11,482,657 shares of the company's stock worth $1,480,344,000 after purchasing an additional 218,644 shares during the period. Geode Capital Management LLC grew its stake in shares of Kimberly-Clark by 4.6% in the second quarter. Geode Capital Management LLC now owns 8,254,137 shares of the company's stock worth $1,065,423,000 after purchasing an additional 363,865 shares during the last quarter. Invesco Ltd. increased its holdings in Kimberly-Clark by 4.6% in the second quarter. Invesco Ltd. now owns 6,097,800 shares of the company's stock valued at $786,128,000 after purchasing an additional 270,134 shares during the period. Finally, Capital World Investors increased its holdings in Kimberly-Clark by 0.3% in the third quarter. Capital World Investors now owns 4,940,945 shares of the company's stock valued at $614,357,000 after purchasing an additional 14,306 shares during the period. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KMB has been the topic of several recent research reports. Citigroup cut their target price on Kimberly-Clark from $95.00 to $90.00 and set a "sell" rating on the stock in a report on Wednesday, January 14th. BNP Paribas Exane reissued a "neutral" rating and issued a $110.00 price target on shares of Kimberly-Clark in a research note on Monday, December 1st. Barclays set a $102.00 price objective on Kimberly-Clark in a research report on Friday, January 16th. UBS Group lifted 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. Finally, TD Cowen decreased their target price on shares of Kimberly-Clark from $112.00 to $105.00 and set a "hold" rating for the company in a research report on Thursday, January 8th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Kimberly-Clark presently has an average rating of "Hold" and a consensus price target of $116.42.

Kimberly-Clark Stock Performance

Shares of KMB opened at $98.84 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.54 and a debt-to-equity ratio of 3.97. The firm's fifty day simple moving average is $103.32 and its two-hundred day simple moving average is $110.25. Kimberly-Clark Corporation has a 12 month low of $96.26 and a 12 month high of $147.12. The stock has a market capitalization of $32.81 billion, a P/E ratio of 16.28, a price-to-earnings-growth ratio of 3.48 and a beta of 0.24.

Kimberly-Clark (NASDAQ:KMB - Get Free Report) last posted its quarterly earnings data 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 analyst estimates of $4.11 billion. Kimberly-Clark had a return on equity of 170.48% and a net margin of 11.73%.The business's quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the company posted $1.50 EPS. As a group, analysts predict that Kimberly-Clark Corporation will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm 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 $1.28 dividend. The ex-dividend date 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 yield of 5.2%. Kimberly-Clark's dividend payout ratio is presently 84.35%.

Insiders Place Their Bets

In other Kimberly-Clark news, VP Andrew Scribner sold 3,049 shares of the business's 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 is available through the SEC website. Insiders own 0.64% of the company's stock.

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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