BlackRock Amends Kimberly-Clark Stake (Amendment No. 14)

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

From the Filing

0001086364-24-002666.txt : 20240124 0001086364-24-002666.hdr.sgml : 20240124 20240124172351 ACCESSION NUMBER: 0001086364-24-002666 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240124 DATE AS OF CHANGE: 20240124 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KIMBERLY CLARK CORP CENTRAL INDEX KEY: 0000055785 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 390394230 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-17596 FILM NUMBER: 24557735 BUSINESS ADDRESS: STREET 1: 351 PHELPS DRIVE CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9722811200 MAIL ADDRESS: STREET 1: P O BOX 619100 STREET 2: DFW AIRPORT STATION CITY: DALLAS STATE: TX ZIP: 75261-9100 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us4943681035_012424.txt us4943681035_012424.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 14) KIMBERLY CLARK CORPORATION -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 494368103 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 494368103 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 28257311 (6) Shared voting power 0 (7) Sole dispositive power 31053858 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 31053858 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 9.2% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- KIMBERLY CLARK CORPORATION Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- P O BOX 619100 DFW AIRPORT STATION DALLAS TX 75261-9100 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal