Investor s Fiduciary Advisor Network LLC Invests $522,000 in Kimberly-Clark Co. (NYSE:KMB)

Investor s Fiduciary Advisor Network LLC bought a new position in Kimberly-Clark Co. (NYSE:KMB - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,987 shares of the company's stock, valued at approximately $522,000.

Other large investors have also bought and sold shares of the company. Gen Wealth Partners Inc raised its stake in Kimberly-Clark by 6.1% in the fourth quarter. Gen Wealth Partners Inc now owns 4,021 shares of the company's stock valued at $527,000 after purchasing an additional 231 shares in the last quarter. Gotham Asset Management LLC lifted its stake in shares of Kimberly-Clark by 17.0% in the 4th quarter. Gotham Asset Management LLC now owns 151,024 shares of the company's stock valued at $19,790,000 after acquiring an additional 21,921 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of Kimberly-Clark by 239.4% in the 4th quarter. Focus Partners Wealth now owns 133,699 shares of the company's stock valued at $17,613,000 after acquiring an additional 94,309 shares during the last quarter. First Manhattan CO. LLC. lifted its stake in shares of Kimberly-Clark by 5.1% in the 4th quarter. First Manhattan CO. LLC. now owns 21,272 shares of the company's stock valued at $2,961,000 after acquiring an additional 1,028 shares during the last quarter. Finally, FORA Capital LLC purchased a new position in Kimberly-Clark during the 4th quarter valued at about $2,279,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $140.00, for a total value of $350,000.00. Following the completion of the transaction, the vice president now owns 2,553 shares in the company, valued at approximately $357,420. This trade represents a 49.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Katy Chen sold 740 shares of Kimberly-Clark stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $129.70, for a total value of $95,978.00. Following the completion of the transaction, the insider now owns 3,997 shares of the company's stock, valued at approximately $518,410.90. This represents a 15.62% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,872 shares of company stock valued at $2,208,684. 0.64% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on KMB shares. Piper Sandler decreased their target price on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Evercore ISI cut their target price 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. UBS Group increased 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. JPMorgan Chase & Co. raised their price objective on shares of Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a report on Friday, April 11th. 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 research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Kimberly-Clark presently has an average rating of "Hold" and an average target price of $145.08.

Kimberly-Clark Price Performance

Shares of KMB stock traded up $3.83 during trading hours on Thursday, hitting $137.34. The stock had a trading volume of 2,625,819 shares, compared to its average volume of 2,155,758. Kimberly-Clark Co. has a one year low of $124.10 and a one year high of $150.45. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The stock's 50-day moving average price is $137.38 and its two-hundred day moving average price is $134.70. The stock has a market capitalization of $45.57 billion, a price-to-earnings ratio of 18.19, a PEG ratio of 4.46 and a beta of 0.35.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued 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 firm had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. During the same period in the previous year, the firm posted $2.01 earnings per share. Equities analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be issued a $1.26 dividend. The ex-dividend date is Friday, June 6th. This represents a $5.04 annualized dividend and a dividend yield of 3.67%. Kimberly-Clark's dividend payout ratio (DPR) is 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.