Kapitalo Investimentos Ltda Takes Position in Kimberly-Clark Co. (NYSE:KMB)

Kapitalo Investimentos Ltda acquired a new position in Kimberly-Clark Co. (NYSE:KMB - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,740 shares of the company's stock, valued at approximately $359,000.

Other large investors have also recently modified their holdings of the company. Marshall Investment Management LLC acquired a new position in shares of Kimberly-Clark during the fourth quarter valued at about $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Kimberly-Clark during the 4th quarter valued at approximately $25,000. Roxbury Financial LLC purchased a new position in shares of Kimberly-Clark in the fourth quarter worth $33,000. Golden State Wealth Management LLC acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth $32,000. Finally, Synergy Asset Management LLC purchased a new stake in shares of Kimberly-Clark during the fourth quarter valued at $35,000. Institutional investors own 76.29% of the company's stock.

Kimberly-Clark Trading Up 0.4 %

Shares of KMB traded up $0.51 during midday trading on Friday, reaching $130.38. The company had a trading volume of 2,258,382 shares, compared to its average volume of 2,129,136. The firm has a 50 day simple moving average of $138.72 and a 200-day simple moving average of $135.05. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The stock has a market cap of $43.26 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35. Kimberly-Clark Co. has a 1-year low of $124.10 and a 1-year high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, beating analysts' consensus estimates of $1.89 by $0.04. The firm had revenue of $4.84 billion for the quarter, compared to analysts' expectations 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 in the prior year, the firm posted $2.01 earnings per share. Research analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be issued a $1.26 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.04 annualized dividend and a yield of 3.87%. Kimberly-Clark's dividend payout ratio (DPR) is currently 68.66%.

Wall Street Analyst Weigh In

KMB has been the subject of several research reports. Evercore ISI decreased their price objective on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Citigroup decreased their price objective on Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a report on Wednesday, January 15th. Piper Sandler dropped their target price on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd. UBS Group boosted 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. Finally, TD Cowen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price objective on the stock. in a research note on Wednesday, January 8th. Two 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 company's stock. According to data from MarketBeat.com, Kimberly-Clark presently has a consensus rating of "Hold" and a consensus price target of $145.08.

Insider Buying and Selling at Kimberly-Clark

In other news, VP Andrew Drexler sold 10,838 shares of the company's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the transaction, the vice president now directly owns 7,720 shares in the company, valued at approximately $1,088,520. This represents a 58.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Katy Chen sold 1,794 shares of Kimberly-Clark stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $130.74, for a total transaction of $234,547.56. Following the completion of the sale, the insider now owns 3,098 shares of the company's stock, valued at $405,032.52. This trade represents a 36.67 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,872 shares of company stock valued at $2,208,684 over the last 90 days. 0.64% of the stock is owned by insiders.

About Kimberly-Clark

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.