Fiduciary Family Office LLC Invests $558,000 in Kimberly-Clark Co. (NYSE:KMB)

Key Points

• Fiduciary Family Office LLC has acquired a new position in Kimberly-Clark Co., purchasing 3,925 shares valued at approximately $558,000.
• Institutional ownership of Kimberly-Clark is significant, with 76.29% of the stock held by institutional investors and hedge funds, reflecting strong interest in the company.
• Kimberly-Clark announced a quarterly dividend of $1.26 per share, with a dividend yield of 3.7%, indicating ongoing profitability and a commitment to returning value to shareholders.

Fiduciary Family Office LLC purchased a new position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,925 shares of the company's stock, valued at approximately $558,000.

A number of other large investors also recently bought and sold shares of KMB. Brighton Jones LLC raised its stake in shares of Kimberly-Clark by 74.1% in the 4th quarter. Brighton Jones LLC now owns 6,494 shares of the company's stock valued at $851,000 after acquiring an additional 2,765 shares during the period. Wellington Management Group LLP raised its stake in shares of Kimberly-Clark by 36.5% in the 4th quarter. Wellington Management Group LLP now owns 28,884 shares of the company's stock valued at $3,785,000 after acquiring an additional 7,729 shares during the period. FIL Ltd raised its stake in shares of Kimberly-Clark by 78.0% in the 4th quarter. FIL Ltd now owns 4,313 shares of the company's stock valued at $565,000 after acquiring an additional 1,890 shares during the period. Bessemer Group Inc. raised its stake in shares of Kimberly-Clark by 7.1% in the 4th quarter. Bessemer Group Inc. now owns 36,080 shares of the company's stock valued at $4,726,000 after acquiring an additional 2,403 shares during the period. Finally, F M Investments LLC raised its stake in shares of Kimberly-Clark by 5.6% in the 4th quarter. F M Investments LLC now owns 11,182 shares of the company's stock valued at $1,465,000 after acquiring an additional 593 shares during the period. Hedge funds and other institutional investors own 76.29% of the company's stock.

Analyst Ratings Changes

KMB has been the subject of a number of recent analyst reports. Royal Bank Of Canada lowered their price target 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. Wall Street Zen lowered shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Barclays raised their price target on shares of Kimberly-Clark from $134.00 to $139.00 and gave the company an "equal weight" rating in a report on Monday, August 4th. JPMorgan Chase & Co. raised shares of Kimberly-Clark from an "underweight" rating to a "neutral" rating and raised their price target for the company from $125.00 to $138.00 in a report on Monday, August 4th. Finally, Piper Sandler initiated coverage on shares of Kimberly-Clark in a report on Friday, July 18th. They set an "overweight" rating and a $144.00 price target for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $142.70.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock traded down $1.44 during trading hours on Thursday, reaching $133.37. The company's stock had a trading volume of 756,171 shares, compared to its average volume of 2,327,551. The company's 50 day simple moving average is $130.47 and its 200 day simple moving average is $135.01. 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 Co. has a one year low of $124.10 and a one year high of $150.45. The stock has a market cap of $44.25 billion, a P/E ratio of 17.67, a price-to-earnings-growth ratio of 4.46 and a beta of 0.33.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.25. The firm had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4.85 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Kimberly-Clark's quarterly revenue was down 1.6% compared to the same quarter last year. During the same period last year, the firm posted $1.96 EPS. As a group, analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Friday, September 5th will be given a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, September 5th. Kimberly-Clark's payout ratio is 69.42%.

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.