UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 309,873 Shares of Kimberly-Clark Co. (NYSE:KMB)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 11.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,022,131 shares of the company's stock after acquiring an additional 309,873 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.91% of Kimberly-Clark worth $396,020,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of KMB. Worldquant Millennium Advisors LLC raised its position in shares of Kimberly-Clark by 97.7% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 95,441 shares of the company's stock worth $12,507,000 after purchasing an additional 47,164 shares during the period. Waverly Advisors LLC increased its position in Kimberly-Clark by 37.2% in the fourth quarter. Waverly Advisors LLC now owns 77,282 shares of the company's stock worth $10,127,000 after buying an additional 20,973 shares during the period. Woodline Partners LP bought a new stake in Kimberly-Clark in the fourth quarter valued at $2,002,000. Vident Advisory LLC boosted its holdings in shares of Kimberly-Clark by 6.3% during the fourth quarter. Vident Advisory LLC now owns 10,267 shares of the company's stock valued at $1,345,000 after acquiring an additional 612 shares during the period. Finally, WBI Investments LLC acquired a new position in shares of Kimberly-Clark during the fourth quarter valued at $4,137,000. Institutional investors own 76.29% of the company's stock.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction 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. This trade represents a 58.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Katy Chen sold 1,794 shares of the company's stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $130.74, for a total value of $234,547.56. Following the completion of the transaction, the insider now owns 3,098 shares in the company, valued at $405,032.52. This represents a 36.67% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,372 shares of company stock worth $1,858,684. 0.64% of the stock is owned by corporate insiders.

Kimberly-Clark Price Performance

Shares of NYSE KMB traded up $1.81 during mid-day trading on Monday, reaching $141.56. The company had a trading volume of 2,582,859 shares, compared to its average volume of 2,184,694. Kimberly-Clark Co. has a 1-year low of $124.10 and a 1-year high of $150.45. The stock has a market cap of $46.97 billion, a PE ratio of 18.75, a P/E/G ratio of 4.46 and a beta of 0.35. 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 company has a 50-day moving average price of $137.20 and a two-hundred day moving average price of $135.02.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued 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. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. The firm had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. During the same quarter last year, the business posted $2.01 EPS. On average, equities analysts anticipate that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.56%. Kimberly-Clark's dividend payout ratio is currently 68.66%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Evercore ISI dropped their price objective on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Barclays dropped their price target on shares of Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. Wells Fargo & Company boosted their price objective on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Friday, March 28th. Piper Sandler decreased their price objective 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, UBS Group raised their target price on Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research report on Thursday, April 17th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Kimberly-Clark currently has a consensus rating of "Hold" and a consensus price target 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.