Unigestion Holding SA Buys 9,643 Shares of Kimberly-Clark Co. (NYSE:KMB)

Unigestion Holding SA increased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 8.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127,623 shares of the company's stock after purchasing an additional 9,643 shares during the period. Kimberly-Clark makes up 1.1% of Unigestion Holding SA's holdings, making the stock its 29th biggest position. Unigestion Holding SA's holdings in Kimberly-Clark were worth $18,145,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KMB. SageView Advisory Group LLC lifted its holdings in shares of 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 acquiring an additional 74 shares during the period. Park National Corp OH lifted its position in Kimberly-Clark by 2.6% during the 1st quarter. Park National Corp OH now owns 3,031 shares of the company's stock worth $431,000 after acquiring an additional 77 shares in the last quarter. OneDigital Investment Advisors LLC boosted its stake in shares of Kimberly-Clark by 0.5% in the fourth quarter. OneDigital Investment Advisors LLC now owns 14,559 shares of the company's stock valued at $1,908,000 after purchasing an additional 78 shares during the period. Confluence Wealth Services Inc. grew 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 in the last quarter. Finally, Ascent Wealth Partners LLC increased its holdings in Kimberly-Clark by 1.0% during the 4th quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock worth $1,221,000 after purchasing an additional 90 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KMB has been the subject of a number of recent research reports. Piper Sandler lowered their price objective 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. 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. JPMorgan Chase & Co. upped their target price on Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research report on Friday, April 11th. Wells Fargo & Company lifted their price target on Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a research report on Friday, March 28th. Finally, Wall Street Zen lowered 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 MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $145.08.

Kimberly-Clark Trading Down 2.3%

NYSE KMB traded down $3.13 on Thursday, hitting $135.30. 3,514,083 shares of the company were exchanged, compared to its average volume of 2,177,420. Kimberly-Clark Co. has a twelve month low of $124.10 and a twelve month high of $150.45. The company's 50 day moving average price is $137.63 and its 200-day moving average price is $135.48. The firm has a market capitalization of $44.89 billion, a P/E ratio of 17.92, 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 (NYSE:KMB - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.89 by $0.04. The business had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same quarter in the previous year, the business earned $2.01 earnings per share. Analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th will be given a dividend of $1.26 per share. The ex-dividend date is Friday, June 6th. This represents a $5.04 dividend on an annualized basis and a yield of 3.73%. Kimberly-Clark's payout ratio is presently 68.66%.

Insider Activity

In related news, insider Katy Chen sold 740 shares of Kimberly-Clark 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.64% of the stock is owned by corporate 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.