Highlights
- Welch Group LLC increased its stake in Kimberly-Clark Co. (NYSE:KMB) by 1.0% in the 4th quarter.
- Multiple institutional investors have made significant adjustments to their holdings in Kimberly-Clark.
- Kimberly-Clark continues to hold a strong position in the portfolios of institutional investors.
Overview of Kimberly-Clark Co. and Its Sector
Kimberly-Clark Co. operates within the consumer goods sector, specializing in manufacturing essential products in the hygiene, health, and paper product industries. Known for brands like Huggies, Kleenex, and Scott, Kimberly-Clark provides everyday essentials for households and businesses across the globe. As a major player in the consumer staples industry, the company’s products remain in steady demand due to their daily use, contributing to its resilience in varying economic climates.
Institutional Interest in Kimberly-Clark Co. (NYSE:KMB)
Recent filings with the Securities and Exchange Commission (SEC) reveal a noteworthy increase in institutional investment in Kimberly-Clark. Welch Group LLC, a significant institutional investor, raised its holdings in the company by 1.0% during the 4th quarter. This increase followed the acquisition of an additional 3,424 shares, bringing the total number of shares held by the firm to 354,631. Kimberly-Clark now represents a 2.1% share of Welch Group LLC's portfolio, making it the 26th largest holding within their investments.
Other Institutional Investors Adjust Their Holdings
In addition to Welch Group LLC, other institutional investors also made substantial adjustments to their stakes in Kimberly-Clark during the same period. Brown Lisle Cummings Inc., for example, raised its stake in the company by nearly 28%, acquiring 1,219 additional shares. Following this purchase, the firm's holdings in Kimberly-Clark grew to 5,615 shares, valued at approximately $736,000. Similarly, Sloy Dahl & Holst LLC and Rockline Wealth Management LLC raised their positions by 13.3% and 8.1%, respectively.
Columbus Macro LLC saw a notable increase in its holdings by 234.3%, acquiring an additional 35,286 shares. This move boosted the company’s total shares in Kimberly-Clark to 50,345, a position valued at over $6.5 million. These changes reflect the ongoing interest from institutional investors in the stock, despite various market fluctuations.
Institutional Ownership of Kimberly-Clark
As of the most recent filings, institutional investors collectively own a significant portion of Kimberly-Clark, amounting to more than 76% of the company’s stock. This high level of institutional ownership indicates a strong confidence in the company’s ability to maintain its market position and its capacity to provide stable returns for institutional portfolios.
Conclusion
Kimberly-Clark Co. continues to attract attention from institutional investors, as evidenced by the various increases in stake over the past quarter. With strong demand for its consumer products and significant institutional backing, Kimberly-Clark remains a key player within the consumer goods sector.