6,620 Shares in Kimberly-Clark Co. (NYSE:KMB) Bought by Impact Capital Partners LLC

Impact Capital Partners LLC acquired a new position in Kimberly-Clark Co. (NYSE:KMB - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,620 shares of the company's stock, valued at approximately $941,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rhumbline Advisers lifted its stake in shares of Kimberly-Clark by 0.5% in the fourth quarter. Rhumbline Advisers now owns 728,728 shares of the company's stock worth $95,492,000 after acquiring an additional 3,273 shares during the period. Schroder Investment Management Group lifted its stake in shares of Kimberly-Clark by 2.8% in the fourth quarter. Schroder Investment Management Group now owns 464,053 shares of the company's stock worth $60,615,000 after acquiring an additional 12,768 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Kimberly-Clark by 3.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 844,363 shares of the company's stock worth $110,645,000 after acquiring an additional 26,345 shares during the period. Unigestion Holding SA lifted its stake in shares of Kimberly-Clark by 8.2% in the first quarter. Unigestion Holding SA now owns 127,623 shares of the company's stock worth $18,145,000 after acquiring an additional 9,643 shares during the period. Finally, Farmers Trust Co. lifted its stake in shares of Kimberly-Clark by 108.6% in the first quarter. Farmers Trust Co. now owns 45,088 shares of the company's stock worth $6,412,000 after acquiring an additional 23,472 shares during the period. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Katy Chen sold 740 shares of the company's stock in a transaction on 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 owns 3,997 shares in the company, valued at approximately $518,410.90. This represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.64% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on KMB shares. 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. Barclays lowered their target price on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. Evercore ISI lowered their target price on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. Wall Street Zen downgraded Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Finally, Wells Fargo & Company lifted their target price on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a report on Friday, March 28th. 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 data from MarketBeat, Kimberly-Clark has an average rating of "Hold" and an average price target of $145.08.

Kimberly-Clark Stock Down 1.3%

Shares of NYSE KMB traded down $1.75 during midday trading on Friday, hitting $133.55. 2,575,720 shares of the stock traded hands, compared to its average volume of 2,182,904. The company has a market cap of $44.31 billion, a PE ratio of 17.69, a P/E/G ratio of 4.46 and a beta of 0.35. Kimberly-Clark Co. has a one year low of $124.10 and a one year high of $150.45. The business has a 50 day moving average price of $137.30 and a two-hundred day moving average price of $135.46. 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 (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. The firm had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. During the same quarter in the previous year, the company posted $2.01 earnings per share. On average, equities 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. Investors of record on Friday, June 6th will be issued 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 3.77%. Kimberly-Clark's dividend payout ratio (DPR) is currently 68.66%.

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.