Focus Partners Advisor Solutions LLC Boosts Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Focus Partners Advisor Solutions LLC increased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 59.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,217 shares of the company's stock after buying an additional 4,196 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Kimberly-Clark were worth $1,470,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Kinloch Capital LLC raised its position in Kimberly-Clark by 3.1% during the fourth quarter. Kinloch Capital LLC now owns 28,571 shares of the company's stock worth $3,744,000 after acquiring an additional 865 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Kimberly-Clark by 11.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,022,131 shares of the company's stock worth $396,020,000 after purchasing an additional 309,873 shares in the last quarter. Worldquant Millennium Advisors LLC raised its position in shares of Kimberly-Clark by 97.7% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 95,441 shares of the company's stock worth $12,507,000 after purchasing an additional 47,164 shares during the last quarter. Waverly Advisors LLC lifted its stake in Kimberly-Clark by 37.2% in the 4th quarter. Waverly Advisors LLC now owns 77,282 shares of the company's stock valued at $10,127,000 after buying an additional 20,973 shares in the last quarter. Finally, Woodline Partners LP purchased a new position in Kimberly-Clark in the 4th quarter valued at about $2,002,000. Hedge funds and other institutional investors own 76.29% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Evercore ISI dropped their target price on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. Wells Fargo & Company raised their target price on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research note on Friday, March 28th. 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. Piper Sandler decreased their price objective on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd. Finally, Royal Bank of Canada lowered their target price on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Kimberly-Clark has an average rating of "Hold" and a consensus target price of $145.08.

Kimberly-Clark Price Performance

KMB stock opened at $139.69 on Friday. 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 12-month low of $124.10 and a 12-month high of $150.45. The company has a market cap of $46.35 billion, a PE ratio of 18.50, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35. The stock has a 50-day moving average price of $137.16 and a two-hundred day moving average price of $134.93.

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

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be paid a dividend of $1.26 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.04 annualized dividend and a yield of 3.61%. Kimberly-Clark's dividend payout ratio (DPR) is 68.66%.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction on 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 transaction, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Katy Chen sold 1,794 shares of the business's stock in a transaction 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 sale, the insider now directly owns 3,098 shares in the company, valued at $405,032.52. This trade represents a 36.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,372 shares of company stock worth $1,858,684. 0.64% of the stock is currently owned by company insiders.

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.

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