BlackRock Amends Kimberly-Clark Stake (Amendment No. 14)
Ticker: KMB · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 55785
| Field | Detail |
|---|---|
| Company | Kimberly Clark CORP (KMB) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock just updated its Kimberly Clark holdings, showing continued institutional interest.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, disclosing its ownership in Kimberly Clark Corp. as of December 31, 2023. This is Amendment No. 14, indicating a change in their previously reported holdings of Kimberly Clark's Common Stock. While the exact percentage isn't specified in the provided text, this filing signals BlackRock's continued significant institutional interest in Kimberly Clark, which can influence stock stability and investor confidence.
Why It Matters
This filing shows BlackRock, a major institutional investor, continues to hold a significant position in Kimberly Clark, which can provide a level of stability and institutional backing for the stock.
Risk Assessment
Risk Level: low — This filing is a routine update from a major institutional investor and does not indicate any immediate negative or positive risk.
Analyst Insight
Investors should note BlackRock's continued presence as a major shareholder, which often signals institutional confidence, but should also look for the specific percentage of ownership in the full filing to gauge the magnitude of their stake.
Key Numbers
- 14 — Amendment Number (This indicates BlackRock has filed 14 updates to its ownership in Kimberly Clark, showing ongoing adjustments.)
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- KIMBERLY CLARK CORP (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 14 (number) — the specific amendment number for this filing
Forward-Looking Statements
- BlackRock will continue to be a significant institutional holder of Kimberly Clark stock. (BlackRock Inc.) — high confidence, target: 2025-12-31
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 14)' sections.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as indicated under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What is the subject company whose securities are being reported?
The subject company is KIMBERLY CLARK CORPORATION, as stated under '(Name of Issuer) KIMBERLY CLARK CORPORATION' and in the 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KIMBERLY CLARK CORP' section.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of Kimberly Clark Corporation is 494368103, as listed under '(CUSIP Number) 494368103'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding KIMBERLY CLARK CORP (KMB).