Kimberly-Clark Co. (NYSE:KMB) Stock Position Raised by United Community Bank

United Community Bank boosted its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 340.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,518 shares of the company's stock after buying an additional 14,309 shares during the period. Kimberly-Clark accounts for approximately 1.0% of United Community Bank's investment portfolio, making the stock its 18th largest holding. United Community Bank's holdings in Kimberly-Clark were worth $2,634,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in KMB. First Pacific Financial acquired a new position in shares of Kimberly-Clark during the first quarter valued at $26,000. Minot DeBlois Advisors LLC acquired a new position in shares of Kimberly-Clark during the fourth quarter valued at $29,000. Rossby Financial LCC acquired a new position in shares of Kimberly-Clark during the first quarter valued at $37,000. Menard Financial Group LLC acquired a new position in shares of Kimberly-Clark during the fourth quarter valued at $38,000. Finally, Whipplewood Advisors LLC increased its holdings in shares of Kimberly-Clark by 329.6% during the first quarter. Whipplewood Advisors LLC now owns 305 shares of the company's stock valued at $47,000 after purchasing an additional 234 shares during the period. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Kimberly-Clark

In other news, insider Katy Chen sold 740 shares of the firm'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 directly owned 3,997 shares of the company's stock, valued at $518,410.90. This trade represents a 15.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.64% of the stock is owned by company insiders.

Kimberly-Clark Stock Down 0.4%

Kimberly-Clark stock traded down $0.45 during mid-day trading on Thursday, hitting $127.18. The company's stock had a trading volume of 718,133 shares, compared to its average volume of 2,215,309. The firm's 50 day moving average is $134.03 and its 200 day moving average is $134.61. The company has a market cap of $42.20 billion, a PE ratio of 16.81, 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. 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 announced its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, topping 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 period in the prior year, the business earned $2.01 EPS. On average, analysts anticipate that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 2nd. Investors of record on Friday, June 6th were paid a $1.26 dividend. This represents a $5.04 annualized dividend and a yield of 3.96%. The ex-dividend date of this dividend was Friday, June 6th. Kimberly-Clark's dividend payout ratio is currently 68.66%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Royal Bank Of Canada decreased their target price on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Wells Fargo & Company raised their target price on Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a research note on Friday, March 28th. JPMorgan Chase & Co. raised their target price on Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a research note on Friday, April 11th. Barclays decreased their target price on Kimberly-Clark from $135.00 to $134.00 and set an "equal weight" rating for the company in a research note on Tuesday. Finally, Piper Sandler decreased their target price on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a research note on Wednesday, April 23rd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $142.70.

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.