1,882 Shares in Kimberly-Clark Co. (NYSE:KMB) Acquired by Griffith & Werner Inc.

Griffith & Werner Inc. purchased a new stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,882 shares of the company's stock, valued at approximately $247,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Peak Retirement Planning Inc. purchased a new position in Kimberly-Clark during the fourth quarter valued at $788,000. North Star Asset Management Inc. lifted its position in shares of Kimberly-Clark by 26.8% during the 4th quarter. North Star Asset Management Inc. now owns 114,959 shares of the company's stock valued at $15,064,000 after buying an additional 24,282 shares in the last quarter. CTC Alternative Strategies Ltd. purchased a new stake in Kimberly-Clark in the 4th quarter worth approximately $516,000. Fourth Dimension Wealth LLC bought a new stake in Kimberly-Clark during the 4th quarter worth approximately $68,000. Finally, Vise Technologies Inc. lifted its holdings in Kimberly-Clark by 93.5% during the fourth quarter. Vise Technologies Inc. now owns 5,532 shares of the company's stock valued at $725,000 after purchasing an additional 2,673 shares in the last quarter. Hedge funds and other institutional investors own 76.29% of the company's stock.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the sale, the vice president now directly owns 7,720 shares in the company, valued at $1,088,520. The trade was a 58.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Katy Chen sold 740 shares of the company's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $129.70, for a total transaction of $95,978.00. Following the completion of the sale, the insider now directly owns 3,997 shares of the company's stock, valued at approximately $518,410.90. This trade represents a 15.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,372 shares of company stock worth $1,858,684 in the last 90 days. 0.64% of the stock is owned by corporate insiders.

Kimberly-Clark Trading Up 1.0%

Shares of NYSE:KMB traded up $1.35 during trading on Tuesday, hitting $142.90. The company had a trading volume of 2,594,113 shares, compared to its average volume of 2,186,334. The stock has a market cap of $47.42 billion, a price-to-earnings ratio of 18.93, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The company has a fifty day simple moving average of $137.23 and a two-hundred day simple moving average of $135.07. Kimberly-Clark Co. has a one year low of $124.10 and a one year high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly 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 firm had revenue of $4.84 billion during the quarter, compared to analysts' expectations of $4.90 billion. During the same period in the previous year, the company earned $2.01 EPS. As a group, equities analysts forecast that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th will be paid a $1.26 dividend. The ex-dividend date is Friday, June 6th. This represents a $5.04 dividend on an annualized basis and a yield of 3.53%. Kimberly-Clark's payout ratio is 68.66%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on KMB shares. Wells Fargo & Company increased their price objective on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a report on Friday, March 28th. Royal Bank of Canada cut their target price on shares of Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Piper Sandler reduced their price target 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. Evercore ISI decreased their price target 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, Wall Street Zen downgraded shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Kimberly-Clark currently has an average rating of "Hold" and a consensus price target of $145.08.

Kimberly-Clark 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.