Janus Henderson Group PLC Sells 3,036 Shares of Kimberly-Clark Co. (NYSE:KMB)

Janus Henderson Group PLC lessened its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 6.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 44,302 shares of the company's stock after selling 3,036 shares during the period. Janus Henderson Group PLC's holdings in Kimberly-Clark were worth $5,804,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KMB. SageView Advisory Group LLC lifted its holdings in Kimberly-Clark by 4.5% during the 4th quarter. SageView Advisory Group LLC now owns 1,706 shares of the company's stock worth $224,000 after buying an additional 74 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in shares of Kimberly-Clark by 0.5% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,559 shares of the company's stock worth $1,908,000 after acquiring an additional 78 shares during the last quarter. Confluence Wealth Services Inc. lifted its stake in shares of Kimberly-Clark by 5.1% during the fourth quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company's stock valued at $208,000 after acquiring an additional 80 shares during the period. YHB Investment Advisors Inc. boosted its holdings in Kimberly-Clark by 3.4% in the fourth quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company's stock valued at $330,000 after acquiring an additional 83 shares during the last quarter. Finally, Ascent Wealth Partners LLC boosted its holdings in Kimberly-Clark by 1.0% in the fourth quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock valued at $1,221,000 after acquiring an additional 90 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Evercore ISI cut their target price on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 23rd. Barclays dropped their price target on shares of Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. 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. UBS Group raised their price objective on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. Finally, Piper Sandler dropped their target price on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. 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. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $145.08.

Kimberly-Clark Trading Down 1.0%

Shares of NYSE KMB traded down $1.39 during midday trading on Thursday, reaching $139.69. 2,743,777 shares of the stock were exchanged, compared to its average volume of 2,174,930. Kimberly-Clark Co. has a 12 month low of $124.10 and a 12 month high of $150.45. The company has a market capitalization of $46.35 billion, a price-to-earnings ratio of 18.50, a P/E/G 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 business has a 50-day simple moving average of $137.16 and a two-hundred day simple moving average of $134.89.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.89 by $0.04. The business had revenue of $4.84 billion for 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 last year, the business posted $2.01 EPS. As a group, equities research analysts expect 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. Stockholders of record on Friday, June 6th will be issued a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Friday, June 6th. Kimberly-Clark's dividend payout ratio (DPR) is presently 68.66%.

Insider Activity at Kimberly-Clark

In related news, insider Katy Chen sold 1,794 shares of the business's stock in a transaction on Tuesday, April 29th. The shares were 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 of the company's stock, valued at approximately $405,032.52. The trade was a 36.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark 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 completion of the sale, the vice president now directly owns 7,720 shares in the company, valued at $1,088,520. This represents a 58.40% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 15,872 shares of company stock worth $2,208,684. 0.64% of the stock is owned by company insiders.

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.