Compagnie Lombard Odier SCmA Has $2.03 Million Stake in Kimberly-Clark Corporation $KMB

Compagnie Lombard Odier SCmA reduced its stake in shares of Kimberly-Clark Corporation (NASDAQ:KMB) by 81.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 20,100 shares of the company’s stock after selling 90,000 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Kimberly-Clark were worth $2,028,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of KMB. Assenagon Asset Management S.A. increased its stake in Kimberly-Clark by 186.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 43,492 shares of the company’s stock valued at $5,408,000 after buying an additional 28,335 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of Kimberly-Clark by 2.5% in the 3rd quarter. Nordea Investment Management AB now owns 2,439,692 shares of the company’s stock worth $301,448,000 after buying an additional 58,978 shares during the last quarter. Synergy Asset Management LLC grew its holdings in shares of Kimberly-Clark by 100.0% in the third quarter. Synergy Asset Management LLC now owns 38,260 shares of the company’s stock valued at $4,932,000 after acquiring an additional 19,130 shares in the last quarter. Hudson Bay Capital Management LP increased its position in shares of Kimberly-Clark by 5,751.6% during the second quarter. Hudson Bay Capital Management LP now owns 94,211 shares of the company’s stock valued at $12,146,000 after acquiring an additional 92,601 shares during the last quarter. Finally, Citigroup Inc. lifted its holdings in Kimberly-Clark by 3.7% during the third quarter. Citigroup Inc. now owns 399,630 shares of the company’s stock worth $49,690,000 after acquiring an additional 14,386 shares during the period. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

NASDAQ:KMB opened at $97.57 on Thursday. The company has a market capitalization of $32.39 billion, a P/E ratio of 16.07, a P/E/G ratio of 3.54 and a beta of 0.24. The business has a fifty day simple moving average of $103.23 and a two-hundred day simple moving average of $107.33. The company has a debt-to-equity ratio of 3.97, a current ratio of 0.75 and a quick ratio of 0.54. Kimberly-Clark Corporation has a 1 year low of $94.54 and a 1 year high of $147.12.

Kimberly-Clark (NASDAQ:KMB) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $1.86 EPS 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 for the quarter, compared to analysts’ expectations of $4.11 billion. During the same quarter in the prior year, the firm earned $1.50 EPS. The business’s revenue for the quarter was down .6% compared to the same quarter last year. On average, analysts expect that Kimberly-Clark Corporation will post 7.5 earnings per share 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 given a dividend of $1.28 per share. This is a boost 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%. The ex-dividend date is Friday, March 6th. Kimberly-Clark’s dividend payout ratio (DPR) is 84.35%.

Analysts Set New Price Targets

A number of brokerages have issued reports on KMB. Weiss Ratings restated a “hold (c-)” rating on shares of Kimberly-Clark in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft lowered their target price on Kimberly-Clark from $110.00 to $109.00 and set a “hold” rating on the stock in a research note on Monday. TD Cowen reduced their price target 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. Piper Sandler decreased their price objective on shares of Kimberly-Clark from $133.00 to $114.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Finally, UBS Group lifted their price objective on shares of Kimberly-Clark from $107.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $115.85.

Insider Buying and Selling at Kimberly-Clark

In other news, VP Andrew Scribner sold 3,049 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $104.29, for a total value of $317,980.21. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.64% of the stock is owned by 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.