Kimberly-Clark Co. (NYSE:KMB) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC grew its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 2.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,607 shares of the company's stock after purchasing an additional 2,570 shares during the quarter. Yousif Capital Management LLC's holdings in Kimberly-Clark were worth $15,019,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Kimberly-Clark by 74.1% in the 4th quarter. Brighton Jones LLC now owns 6,494 shares of the company's stock valued at $851,000 after purchasing an additional 2,765 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $33,000. Golden State Wealth Management LLC acquired a new position in shares of Kimberly-Clark during the 4th quarter worth approximately $32,000. Apollon Wealth Management LLC lifted its position in shares of Kimberly-Clark by 13.4% during the 4th quarter. Apollon Wealth Management LLC now owns 15,517 shares of the company's stock valued at $2,033,000 after buying an additional 1,828 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its stake in Kimberly-Clark by 12.3% in the 4th quarter. Kingsview Wealth Management LLC now owns 14,367 shares of the company's stock valued at $1,883,000 after acquiring an additional 1,570 shares during the period. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Trading Down 0.8%

Shares of Kimberly-Clark stock traded down $1.02 during mid-day trading on Friday, hitting $132.87. The stock had a trading volume of 352,777 shares, compared to its average volume of 2,172,561. The firm has a 50-day moving average of $136.75 and a two-hundred day moving average of $135.33. The firm has a market cap of $44.09 billion, a P/E ratio of 17.60, a price-to-earnings-growth ratio of 4.46 and a beta of 0.38. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. Kimberly-Clark Co. has a 12-month low of $124.10 and a 12-month high of $150.45.

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

Kimberly-Clark Dividend Announcement

The business also recently declared 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. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend is Friday, June 6th. Kimberly-Clark's dividend payout ratio is presently 68.66%.

Analysts Set New Price Targets

A number of research firms have weighed in on KMB. Piper Sandler reduced their price objective on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Barclays decreased 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. Royal Bank of Canada cut their price objective on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Wall Street Zen downgraded Kimberly-Clark from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Finally, Evercore ISI lowered their price target on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. 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 company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $145.08.

Insider Activity

In other Kimberly-Clark news, insider Katy Chen sold 740 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $129.70, for a total value of $95,978.00. Following the sale, the insider now owns 3,997 shares of the company's stock, valued at $518,410.90. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.64% of the company's stock.

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.