Hall Capital Management Co. Inc. Makes New Investment in Kimberly-Clark Co. (NYSE:KMB)

Hall Capital Management Co. Inc. purchased a new stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,330 shares of the company's stock, valued at approximately $2,533,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KMB. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $25,000. Marshall Investment Management LLC bought a new stake in Kimberly-Clark in the fourth quarter valued at about $25,000. Minot DeBlois Advisors LLC acquired a new position in Kimberly-Clark in the fourth quarter valued at about $29,000. Golden State Wealth Management LLC bought a new position in Kimberly-Clark during the fourth quarter worth about $32,000. Finally, Strategic Financial Concepts LLC bought a new position in Kimberly-Clark during the fourth quarter worth about $33,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Kimberly-Clark

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

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wells Fargo & Company increased their price target 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. Wall Street Zen lowered shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Piper Sandler decreased their price target on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a report on Wednesday, April 23rd. UBS Group upped their price objective on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research report on Thursday, April 17th. Finally, JPMorgan Chase & Co. lifted their target price on Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a report on Friday, April 11th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $145.08.

Kimberly-Clark Stock Up 1.0%

Shares of Kimberly-Clark stock traded up $1.35 during trading on Tuesday, reaching $142.90. The stock had a trading volume of 2,594,113 shares, compared to its average volume of 2,186,334. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The company has a market capitalization of $47.42 billion, a price-to-earnings ratio of 18.93, a P/E/G ratio of 4.46 and a beta of 0.35. The stock has a fifty day moving average price of $137.31 and a two-hundred day moving average price of $135.13. Kimberly-Clark Co. has a 52 week low of $124.10 and a 52 week high of $150.45.

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

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders 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 dividend yield of 3.53%. The ex-dividend date of this dividend 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.