Osborne Partners Capital Management LLC Has $202,000 Stock Holdings in Kimberly-Clark Corporation $KMB

Key Points

• Osborne Partners Capital Management cut its stake in Kimberly‑Clark by 90.3% in Q4, selling 18,600 shares and leaving 2,000 shares valued at about $202,000.
• Kimberly‑Clark raised its quarterly dividend to $1.28 (annualized $5.12), implying a yield of roughly 5.3% with a payout ratio near 84.3%.
• Several analysts have trimmed price targets and ratings, leaving the stock with a consensus Hold rating and an average target price of $114.86.

Osborne Partners Capital Management LLC decreased its position in Kimberly-Clark Corporation (NASDAQ:KMB - Free Report) by 90.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,000 shares of the company's stock after selling 18,600 shares during the period. Osborne Partners Capital Management LLC's holdings in Kimberly-Clark were worth $202,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new position in Kimberly-Clark in the 3rd quarter valued at approximately $25,000. True Wealth Design LLC raised its holdings in Kimberly-Clark by 177.6% in the 3rd quarter. True Wealth Design LLC now owns 211 shares of the company's stock valued at $26,000 after acquiring an additional 135 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in Kimberly-Clark in the 2nd quarter valued at approximately $27,000. Eagle Bay Advisors LLC acquired a new position in Kimberly-Clark in the 4th quarter valued at approximately $28,000. Finally, Newbridge Financial Services Group Inc. raised its holdings in Kimberly-Clark by 96.6% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 285 shares of the company's stock valued at $29,000 after acquiring an additional 140 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

Insider Buying and Selling at Kimberly-Clark

In other news, VP Andrew Scribner sold 3,049 shares of the company's stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $104.29, for a total value of $317,980.21. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.75% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on KMB shares. Piper Sandler cut their price target on Kimberly-Clark from $133.00 to $114.00 and set an "overweight" rating for the company in a report on Friday, March 13th. Deutsche Bank Aktiengesellschaft cut their price target on Kimberly-Clark from $110.00 to $109.00 and set a "hold" rating for the company in a report on Monday, March 30th. Bank of America cut their price target on Kimberly-Clark from $130.00 to $120.00 and set a "buy" rating for the company in a report on Friday, April 10th. UBS Group cut their price target on Kimberly-Clark from $110.00 to $105.00 and set a "neutral" rating for the company in a report on Tuesday, April 7th. Finally, Citigroup cut their price target on Kimberly-Clark from $95.00 to $90.00 and set a "sell" rating for the company in a report on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of "Hold" and an average target price of $114.86.

Kimberly-Clark Trading Down 2.0%

KMB stock opened at $96.60 on Wednesday. Kimberly-Clark Corporation has a 1-year low of $92.42 and a 1-year high of $144.30. The firm has a market cap of $32.06 billion, a P/E ratio of 15.91, a P/E/G ratio of 3.78 and a beta of 0.28. The business's 50 day moving average is $101.83 and its 200-day moving average is $104.56. The company has a current ratio of 0.75, a quick ratio of 0.54 and a debt-to-equity ratio of 3.97.

Kimberly-Clark (NASDAQ:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.05. Kimberly-Clark had a return on equity of 170.48% and a net margin of 11.73%.The company had revenue of $4.08 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same period in the prior year, the company posted $1.50 EPS. The company's revenue was down .6% compared to the same quarter last year. Equities analysts anticipate that Kimberly-Clark Corporation will post 7.54 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Friday, March 6th were paid a $1.28 dividend. The ex-dividend date was Friday, March 6th. This represents a $5.12 annualized dividend and a dividend yield of 5.3%. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.26. Kimberly-Clark's dividend payout ratio is currently 84.35%.

Kimberly-Clark Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.

Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimberly-Clark Corporation (NASDAQ:KMB - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.