7,110 Shares in Kimberly-Clark Co. (NYSE:KMB) Purchased by Teza Capital Management LLC

Teza Capital Management LLC purchased a new stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 7,110 shares of the company's stock, valued at approximately $932,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Marshall Investment Management LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter valued at approximately $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Kimberly-Clark during the fourth quarter worth $25,000. Minot DeBlois Advisors LLC purchased a new stake in Kimberly-Clark during the fourth quarter worth $29,000. Roxbury Financial LLC purchased a new position in shares of Kimberly-Clark in the fourth quarter valued at $33,000. Finally, Golden State Wealth Management LLC purchased a new position in shares of Kimberly-Clark in the fourth quarter valued at $32,000. Institutional investors and hedge funds own 76.29% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Barclays lowered their price objective on shares of 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. Evercore ISI lowered their price target on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 23rd. UBS Group lifted 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. Piper Sandler reduced their target price on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. raised their price target on Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research report on Friday, April 11th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $145.08.

Kimberly-Clark Trading Down 1.0%

NYSE:KMB traded down $1.39 during mid-day trading on Thursday, reaching $139.69. The company's stock had a trading volume of 2,743,777 shares, compared to its average volume of 2,174,930. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The stock has a market cap of $46.35 billion, a P/E ratio of 18.50, a P/E/G ratio of 4.46 and a beta of 0.35. The company's fifty day simple moving average is $137.16 and its two-hundred day simple moving average is $134.89. Kimberly-Clark Co. has a twelve month low of $124.10 and a twelve month high of $150.45.

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

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be issued a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date of this dividend is Friday, June 6th. Kimberly-Clark's payout ratio is currently 68.66%.

Insider Buying and Selling at Kimberly-Clark

In related news, VP Andrew Drexler sold 10,838 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the sale, the vice president now directly owns 7,720 shares in the company, valued at approximately $1,088,520. This trade represents a 58.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Katy Chen sold 1,794 shares of the company's stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $130.74, for a total value of $234,547.56. Following the completion of the transaction, the insider now owns 3,098 shares of the company's stock, valued at approximately $405,032.52. This represents a 36.67% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,872 shares of company stock valued at $2,208,684. Company insiders own 0.64% of the company's stock.

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.