Cantor Fitzgerald Investment Advisors L.P. Has $15.36 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Cantor Fitzgerald Investment Advisors L.P. decreased its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 11.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 107,974 shares of the company's stock after selling 13,854 shares during the period. Cantor Fitzgerald Investment Advisors L.P.'s holdings in Kimberly-Clark were worth $15,356,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Good Steward Wealth Advisors LLC acquired a new position in shares of Kimberly-Clark during the first quarter valued at approximately $242,000. ORG Partners LLC boosted its stake in Kimberly-Clark by 246.2% during the 1st quarter. ORG Partners LLC now owns 1,485 shares of the company's stock valued at $211,000 after purchasing an additional 1,056 shares in the last quarter. Blue Trust Inc. increased its position in shares of Kimberly-Clark by 8.1% during the 1st quarter. Blue Trust Inc. now owns 11,333 shares of the company's stock valued at $1,612,000 after purchasing an additional 854 shares during the period. ORG Wealth Partners LLC raised its stake in shares of Kimberly-Clark by 1,065.7% in the 1st quarter. ORG Wealth Partners LLC now owns 3,159 shares of the company's stock worth $452,000 after buying an additional 2,888 shares in the last quarter. Finally, Global X Japan Co. Ltd. lifted its holdings in shares of Kimberly-Clark by 23.9% in the first quarter. Global X Japan Co. Ltd. now owns 4,833 shares of the company's stock valued at $687,000 after buying an additional 931 shares during the period. 76.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Katy Chen sold 740 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $129.70, for a total value of $95,978.00. Following the completion of the sale, the insider now owns 3,997 shares of the company's stock, valued at approximately $518,410.90. The trade was a 15.62% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.64% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

KMB has been the subject of several research reports. Wells Fargo & Company raised their price objective on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a research report on Friday, March 28th. JPMorgan Chase & Co. increased their target price on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a research note on Friday, April 11th. Barclays decreased their price target on shares of Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. Piper Sandler cut their price objective on 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, Evercore ISI reduced their price objective on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $143.73.

Kimberly-Clark Stock Up 0.3%

NYSE KMB traded up $0.33 during trading on Friday, reaching $128.29. 5,306,945 shares of the company's stock were exchanged, compared to its average volume of 2,196,615. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. Kimberly-Clark Co. has a fifty-two week low of $124.10 and a fifty-two week high of $150.45. The company's fifty day simple moving average is $136.19 and its 200-day simple moving average is $134.98. The firm has a market capitalization of $42.57 billion, a PE ratio of 16.99, a P/E/G ratio of 4.46 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.89 by $0.04. The business had revenue of $4.84 billion during the quarter, compared to analysts' expectations 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 last year, the company posted $2.01 earnings per share. Sell-side analysts predict that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be paid a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date is Friday, June 6th. Kimberly-Clark's dividend payout ratio (DPR) is presently 68.66%.

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.