Robeco Institutional Asset Management B.V. Acquires 60,275 Shares of Kimberly-Clark Co. (NYSE:KMB)

Robeco Institutional Asset Management B.V. grew its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 10.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 659,368 shares of the company's stock after buying an additional 60,275 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.20% of Kimberly-Clark worth $93,775,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Pacific Financial bought a new stake in shares of Kimberly-Clark in the 1st quarter worth $26,000. Minot DeBlois Advisors LLC bought a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $29,000. OFI Invest Asset Management bought a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $38,000. Menard Financial Group LLC purchased a new stake in shares of Kimberly-Clark during the 4th quarter valued at approximately $38,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in Kimberly-Clark in the 4th quarter worth approximately $44,000. 76.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on KMB shares. UBS Group boosted their target price on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Royal Bank Of Canada reduced their price target on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Barclays dropped their price objective on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a report on Thursday, April 24th. Piper Sandler reduced their target price on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a report on Wednesday, April 23rd. Finally, Wells Fargo & Company increased their price target on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a report on Friday, March 28th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Kimberly-Clark currently has a consensus rating of "Hold" and an average target price of $143.50.

Insider Buying and Selling

In related 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 transaction, the insider now directly owns 3,997 shares of the company's stock, valued at approximately $518,410.90. This trade represents a 15.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.64% of the stock is owned by company insiders.

Kimberly-Clark Price Performance

Shares of KMB traded up $1.05 during trading hours on Friday, reaching $127.89. 1,935,073 shares of the company's stock traded hands, compared to its average volume of 2,204,417. Kimberly-Clark Co. has a 12 month low of $124.10 and a 12 month high of $150.45. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The stock has a market cap of $42.44 billion, a PE ratio of 16.94, a price-to-earnings-growth ratio of 4.46 and a beta of 0.38. The firm's 50 day simple moving average is $134.93 and its 200-day simple moving average is $134.74.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.89 by $0.04. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. The business had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same period last year, the firm posted $2.01 earnings per share. Equities analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Announces Dividend

The business 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 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date of this dividend is Friday, June 6th. Kimberly-Clark's dividend payout ratio is currently 68.66%.

Kimberly-Clark 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.