Aurdan Capital Management LLC Invests $456,000 in Kimberly-Clark Co. (NYSE:KMB)

Aurdan Capital Management LLC acquired a new position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,482 shares of the company's stock, valued at approximately $456,000.

A number of other hedge funds have also bought and sold shares of the stock. SageView Advisory Group LLC increased its stake in Kimberly-Clark by 4.5% during the 4th quarter. SageView Advisory Group LLC now owns 1,706 shares of the company's stock valued at $224,000 after purchasing an additional 74 shares in the last quarter. OneDigital Investment Advisors LLC increased its stake in Kimberly-Clark by 0.5% during the 4th quarter. OneDigital Investment Advisors LLC now owns 14,559 shares of the company's stock valued at $1,908,000 after purchasing an additional 78 shares in the last quarter. Confluence Wealth Services Inc. increased its stake in Kimberly-Clark by 5.1% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company's stock valued at $208,000 after purchasing an additional 80 shares in the last quarter. YHB Investment Advisors Inc. increased its stake in Kimberly-Clark by 3.4% during the 4th quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company's stock valued at $330,000 after purchasing an additional 83 shares in the last quarter. Finally, Ascent Wealth Partners LLC increased its stake in Kimberly-Clark by 1.0% during the 4th quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock valued at $1,221,000 after purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

Kimberly-Clark Stock Performance

NYSE KMB traded up $1.35 during mid-day trading on Tuesday, reaching $142.90. 2,594,113 shares of the stock were exchanged, compared to its average volume of 2,186,334. The business's 50 day moving average is $137.31 and its 200-day moving average is $135.13. Kimberly-Clark Co. has a 1 year low of $124.10 and a 1 year high of $150.45. The company has a market capitalization of $47.42 billion, a P/E ratio of 18.93, a P/E/G ratio of 4.46 and a beta of 0.35. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same period in the prior year, the firm posted $2.01 earnings per share. On average, equities research analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be issued a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend is Friday, June 6th. Kimberly-Clark's dividend payout ratio (DPR) is presently 68.66%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on KMB. UBS Group upped their price target on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. Royal Bank of Canada cut their price target on shares of Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Piper Sandler cut their price objective on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. Evercore ISI cut their price objective on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. increased their price objective on shares of Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research note on Friday, April 11th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $145.08.

Insider Buying and Selling

In other Kimberly-Clark news, insider Katy Chen sold 740 shares of the stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $129.70, for a total transaction of $95,978.00. Following the transaction, the insider now directly owns 3,997 shares of the company's stock, valued at $518,410.90. This trade represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Andrew Drexler sold 10,838 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now directly owns 7,720 shares in the company, valued at approximately $1,088,520. The trade was a 58.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,372 shares of company stock valued at $1,858,684. Corporate insiders own 0.64% of the company's stock.

About Kimberly-Clark

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.