Bessemer Group Inc. Has $1.20 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Bessemer Group Inc. decreased its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 76.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,408 shares of the company's stock after selling 27,672 shares during the period. Bessemer Group Inc.'s holdings in Kimberly-Clark were worth $1,195,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SageView Advisory Group LLC lifted its position in shares of Kimberly-Clark by 4.5% in the 4th quarter. SageView Advisory Group LLC now owns 1,706 shares of the company's stock worth $224,000 after purchasing an additional 74 shares during the period. Cornerstone Wealth Management LLC lifted its position in shares of Kimberly-Clark by 1.9% in the 1st quarter. Cornerstone Wealth Management LLC now owns 4,056 shares of the company's stock worth $577,000 after purchasing an additional 74 shares during the period. Tudor Financial Inc. lifted its position in shares of Kimberly-Clark by 3.8% in the 1st quarter. Tudor Financial Inc. now owns 2,042 shares of the company's stock worth $290,000 after purchasing an additional 75 shares during the period. Park National Corp OH lifted its position in shares of Kimberly-Clark by 2.6% in the 1st quarter. Park National Corp OH now owns 3,031 shares of the company's stock worth $431,000 after purchasing an additional 77 shares during the period. Finally, Hoge Financial Services LLC lifted its position in shares of Kimberly-Clark by 4.2% in the 1st quarter. Hoge Financial Services LLC now owns 1,907 shares of the company's stock worth $271,000 after purchasing an additional 77 shares during the period. Institutional investors and hedge funds own 76.29% of the company's stock.

Kimberly-Clark Price Performance

Shares of KMB opened at $127.89 on Monday. The company has a market capitalization of $42.44 billion, a P/E ratio of 16.94, a price-to-earnings-growth ratio of 4.46 and a beta of 0.38. 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 firm has a 50 day moving average of $134.63 and a 200 day moving average of $134.76. 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 posted its earnings results on Tuesday, April 22nd. The company reported $1.93 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 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 previous year, the firm posted $2.01 EPS. As a group, equities research analysts anticipate that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th will be given a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date of this dividend is Friday, June 6th. Kimberly-Clark's dividend payout ratio (DPR) is presently 68.66%.

Insiders Place Their Bets

In other news, insider Katy Chen sold 740 shares of Kimberly-Clark 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 owns 3,997 shares in the company, valued at $518,410.90. This trade represents a 15.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.64% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on KMB shares. Wells Fargo & Company raised their target price on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Friday, March 28th. Wall Street Zen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a research report 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 for the company in a research report on Wednesday, April 23rd. Piper Sandler lowered their price target on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a research report on Friday, April 11th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $143.50.

Kimberly-Clark Company 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.

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