Empire Financial Management Company LLC Buys 9,694 Shares of Kimberly-Clark Co. (NYSE:KMB)

Empire Financial Management Company LLC grew its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 253.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,523 shares of the company's stock after acquiring an additional 9,694 shares during the period. Empire Financial Management Company LLC's holdings in Kimberly-Clark were worth $1,772,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Voya Investment Management LLC grew its position in shares of Kimberly-Clark by 6.0% during the 4th quarter. Voya Investment Management LLC now owns 152,963 shares of the company's stock worth $20,044,000 after purchasing an additional 8,666 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in Kimberly-Clark by 0.4% during the 4th quarter. Integrated Wealth Concepts LLC now owns 26,064 shares of the company's stock worth $3,415,000 after acquiring an additional 102 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of Kimberly-Clark by 2.0% during the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 91,717 shares of the company's stock valued at $12,019,000 after acquiring an additional 1,829 shares during the period. MGO One Seven LLC lifted its position in Kimberly-Clark by 17.5% during the fourth quarter. MGO One Seven LLC now owns 15,212 shares of the company's stock worth $1,993,000 after purchasing an additional 2,264 shares during the period. Finally, Pinebridge Investments L.P. increased its holdings in Kimberly-Clark by 9.1% in the 4th quarter. Pinebridge Investments L.P. now owns 264,382 shares of the company's stock valued at $34,645,000 after buying an additional 22,159 shares during the period. Institutional investors own 76.29% of the company's stock.

Kimberly-Clark Trading Down 0.7 %

Shares of NYSE KMB traded down $0.85 during trading on Tuesday, reaching $130.05. The company had a trading volume of 604,601 shares, compared to its average volume of 2,227,751. Kimberly-Clark Co. has a 12 month low of $124.10 and a 12 month high of $150.45. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The stock has a market cap of $43.15 billion, a P/E ratio of 17.22, a PEG ratio of 4.46 and a beta of 0.37. The company's fifty day moving average price is $139.48 and its 200-day moving average price is $135.38.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.89 by $0.04. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. The business had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter in the prior year, the firm posted $2.01 EPS. As a group, research analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Insider Buying and Selling

In other news, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $140.00, for a total value of $350,000.00. Following the completion of the transaction, the vice president now directly owns 2,553 shares of the company's stock, valued at approximately $357,420. This trade represents a 49.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.64% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on KMB. Piper Sandler reduced their price target on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 23rd. Barclays decreased their price target on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. UBS Group upped their price objective on Kimberly-Clark from $134.00 to $146.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. StockNews.com cut Kimberly-Clark from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Finally, Royal Bank of Canada dropped their target price on shares of Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Kimberly-Clark has an average rating of "Hold" and a consensus price target of $145.08.

Kimberly-Clark Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company's Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.