TD Waterhouse Canada Inc. Sells 37,533 Shares of Kimberly-Clark Corporation $KMB

Key Points

• TD Waterhouse Canada reduced its Kimberly-Clark stake by 21.5%, selling 37,533 shares and retaining 137,086 shares valued at approximately $12.9 million. Institutional investors collectively own 76.29% of KMB.
• Kimberly-Clark’s preliminary third-quarter adjusted EPS of $1.70 exceeded expectations, and management reaffirmed its 2026 outlook despite weaker sales and China-related challenges.
• Analysts remain cautious, with a consensus “Hold” rating and average price target of $116.50. The stock offers a 4.8% dividend yield, but its high 87.07% payout ratio and ongoing sales concerns remain risks.

TD Waterhouse Canada Inc. cut its stake in Kimberly-Clark Corporation (NASDAQ:KMB - Free Report) by 21.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 137,086 shares of the company's stock after selling 37,533 shares during the period. TD Waterhouse Canada Inc.'s holdings in Kimberly-Clark were worth $12,938,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in KMB. Legal & General Group Plc purchased a new stake in Kimberly-Clark during the 2nd quarter valued at $223,668,000. NewEdge Advisors LLC lifted its holdings in shares of Kimberly-Clark by 3.5% during the 2nd quarter. NewEdge Advisors LLC now owns 595,464 shares of the company's stock valued at $65,364,000 after buying an additional 20,300 shares during the period. Bank of America Corp DE boosted its stake in shares of Kimberly-Clark by 3.3% in the 2nd quarter. Bank of America Corp DE now owns 6,881,641 shares of the company's stock worth $755,398,000 after buying an additional 219,742 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Kimberly-Clark in the 2nd quarter worth $34,869,000. Finally, Fifth Third Bancorp grew its holdings in shares of Kimberly-Clark by 612.5% in the first quarter. Fifth Third Bancorp now owns 205,588 shares of the company's stock worth $19,833,000 after acquiring an additional 176,733 shares during the period. Institutional investors own 76.29% of the company's stock.

Key Headlines Impacting Kimberly-Clark

Here are the key news stories impacting Kimberly-Clark this week:

• Positive Sentiment: Preliminary earnings beat expectations: Kimberly-Clark expects third-quarter adjusted EPS of $1.70, ahead of the $1.58 FactSet consensus. The result was achieved despite lower sales, supporting the view that cost controls and operational improvements are helping protect profitability. Reuters preliminary results article
• Positive Sentiment: 2026 outlook reaffirmed: Management maintained its full-year financial outlook, including organic sales growth expected to be approximately 100 basis points below weighted-average category growth. The absence of a guidance reduction appears to have reassured investors following the weaker sales environment. Kimberly-Clark preliminary results release
• Positive Sentiment: Price target increased: BNP Paribas Exane raised its KMB target from $101 to $110 while maintaining a neutral rating. The target implies modest upside from the current trading level, providing some valuation support but not signaling strong conviction. Benzinga price target report
• Neutral Sentiment: China-related legal issue: Reports indicate China cleared claims involving formamide, potentially reducing a regulatory and litigation overhang. However, the broader commercial impact of the controversy remains uncertain. Reuters China claims article
• Negative Sentiment: Sales and dividend concerns persist: Kimberly-Clark forecast a third-quarter sales decline following a social-media backlash in China. Separate coverage warned that the company’s long dividend-growth streak is under pressure as profits shrink, despite free cash flow still covering payouts. Wall Street Journal sales outlook article

Analyst Ratings Changes

A number of research firms recently commented on KMB. UBS Group upped their price objective on Kimberly-Clark from $115.00 to $116.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. BNP Paribas Exane raised their target price on Kimberly-Clark from $101.00 to $110.00 and gave the stock a "neutral" rating in a research report on Friday. Freedom Capital upgraded Kimberly-Clark from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 4th. Barclays upped their price target on shares of Kimberly-Clark from $101.00 to $115.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 21st. Finally, Bank of America lowered their price objective on shares of Kimberly-Clark from $122.00 to $120.00 and set a "buy" rating on the stock in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Kimberly-Clark has a consensus rating of "Hold" and an average target price of $116.50.

Kimberly-Clark Price Performance

Shares of NASDAQ:KMB opened at $105.57 on Monday. The company has a debt-to-equity ratio of 3.45, a quick ratio of 0.69 and a current ratio of 0.91. The firm has a fifty day moving average price of $102.77 and a 200 day moving average price of $102.65. Kimberly-Clark Corporation has a fifty-two week low of $92.42 and a fifty-two week high of $123.09. The firm has a market cap of $35.11 billion, a price-to-earnings ratio of 17.95, a P/E/G ratio of 5.41 and a beta of 0.25.

Kimberly-Clark (NASDAQ:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.80 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.01 by ($0.21). The firm had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $4.22 billion. Kimberly-Clark had a return on equity of 143.92% and a net margin of 11.79%. The business's revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.92 EPS. As a group, sell-side analysts expect that Kimberly-Clark Corporation will post 7.33 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 4th were issued a dividend of $1.28 per share. The ex-dividend date was Friday, September 4th. This represents a $5.12 dividend on an annualized basis and a yield of 4.8%. Kimberly-Clark's payout ratio is presently 87.07%.

Kimberly-Clark Profile

Kimberly-Clark Corporation NASDAQ: KMB is a global consumer products company that develops and markets personal care, tissue and professional hygiene products. Its portfolio includes products for babies and children, feminine care, adult care, family care and workplace hygiene.

The company's well-known brands include Huggies diapers and wipes, Kleenex facial tissue, Cottonelle bathroom tissue, Scott toilet paper and paper towels, Kotex feminine care products, and Depend, Poise and GoodNites products.

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