Tidal Investments LLC Has $4.83 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Tidal Investments LLC increased its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 8.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,872 shares of the company's stock after acquiring an additional 2,925 shares during the period. Tidal Investments LLC's holdings in Kimberly-Clark were worth $4,832,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Marshall Investment Management LLC acquired a new position in shares of Kimberly-Clark during the 4th quarter valued at $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Kimberly-Clark during the fourth quarter valued at about $25,000. Minot DeBlois Advisors LLC acquired a new position in Kimberly-Clark during the fourth quarter worth about $29,000. Roxbury Financial LLC bought a new stake in Kimberly-Clark in the fourth quarter worth about $33,000. Finally, Golden State Wealth Management LLC bought a new stake in Kimberly-Clark in the fourth quarter worth about $32,000. Institutional investors and hedge funds own 76.29% of the company's stock.

Kimberly-Clark Stock Up 1.3%

KMB traded up $1.81 during trading on Monday, reaching $141.56. 2,582,859 shares of the stock traded hands, compared to its average volume of 2,184,694. The stock's 50-day simple moving average is $137.20 and its two-hundred day simple moving average is $135.02. 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 fifty-two week low of $124.10 and a fifty-two week high of $150.45. The stock has a market cap of $46.97 billion, a price-to-earnings ratio of 18.75, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, topping analysts' consensus estimates of $1.89 by $0.04. The company 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 last year, the business earned $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 announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th will be given a $1.26 dividend. This represents a $5.04 annualized dividend and a yield of 3.56%. The ex-dividend date is Friday, June 6th. Kimberly-Clark's dividend payout ratio is 68.66%.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 10,838 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was 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 approximately $1,088,520. The trade was a 58.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Katy Chen sold 740 shares of the stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $129.70, for a total value of $95,978.00. Following the transaction, the insider now owns 3,997 shares in the company, valued at approximately $518,410.90. This trade represents a 15.62% decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,372 shares of company stock valued at $1,858,684 over the last ninety days. Corporate insiders own 0.64% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on KMB shares. Royal Bank of Canada reduced their price objective on shares of Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Wall Street Zen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. UBS Group upped their price target on Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Wells Fargo & Company increased their price objective 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, Barclays decreased their target price 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. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $145.08.

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.