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Neenah Today
By the People, for the People
Bank of Montreal Can Boosts Stake in Kimberly-Clark Corporation
Institutional investor increases holding in consumer goods company by 17.8% in third quarter
Mar. 13, 2026 at 7:27am
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Bank of Montreal Can, an institutional investor, increased its stake in Kimberly-Clark Corporation (NASDAQ:KMB) by 17.8% in the third quarter, according to a recent SEC filing. The investor now owns 503,134 shares of the consumer goods company, valued at $62,560,000.
Why it matters
Kimberly-Clark is a major player in the consumer goods industry, known for brands like Kleenex, Huggies, and Cottonelle. The increase in Bank of Montreal Can's stake suggests the investor sees potential in the company's performance and growth prospects.
The details
According to the SEC filing, Bank of Montreal Can purchased an additional 75,983 shares of Kimberly-Clark in the third quarter, bringing its total ownership to 503,134 shares, or 0.15% of the company's stock. The investment firm cited Kimberly-Clark's strong market position and brand recognition as factors behind the increased stake.
- Bank of Montreal Can increased its stake in Kimberly-Clark during the third quarter of 2026.
The players
Bank of Montreal Can
An institutional investor and asset management firm based in Canada.
Kimberly-Clark Corporation
A U.S.-based multinational manufacturer of personal care and consumer tissue products, known for brands like Kleenex, Huggies, and Cottonelle.
The takeaway
The increased stake by Bank of Montreal Can in Kimberly-Clark suggests the investor sees long-term value in the consumer goods company's market position and brand portfolio, despite recent stock price volatility.
