Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 204.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,575 shares of the company's stock after acquiring an additional 13,806 shares during the period. Sequoia Financial Advisors LLC's holdings in Kimberly-Clark were worth $2,500,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in KMB. Moneta Group Investment Advisors LLC grew its holdings in Kimberly-Clark by 123,302.7% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 4,430,158 shares of the company's stock worth $601,394,000 after acquiring an additional 4,426,568 shares during the last quarter. Cowa LLC bought a new stake in shares of Kimberly-Clark during the 1st quarter valued at about $54,000. Norges Bank bought a new stake in shares of Kimberly-Clark during the 4th quarter valued at about $441,478,000. Imprint Wealth LLC boosted its stake in shares of Kimberly-Clark by 13,781.2% during the 2nd quarter. Imprint Wealth LLC now owns 2,763,613 shares of the company's stock valued at $276,361,000 after purchasing an additional 2,743,704 shares in the last quarter. Finally, FMR LLC boosted its holdings in shares of Kimberly-Clark by 74.9% during the 3rd quarter. FMR LLC now owns 2,442,610 shares of the company's stock valued at $295,189,000 after acquiring an additional 1,046,155 shares during the last quarter. Institutional investors own 76.29% of the company's stock.

Kimberly-Clark Price Performance

Shares of NYSE KMB traded down $2.16 during mid-day trading on Friday, reaching $123.92. The company's stock had a trading volume of 2,660,852 shares, compared to its average volume of 2,105,772. The firm has a market capitalization of $41.75 billion, a PE ratio of 24.09, a P/E/G ratio of 3.83 and a beta of 0.40. The company has a debt-to-equity ratio of 6.94, a current ratio of 0.82 and a quick ratio of 0.54. The stock has a fifty day moving average of $123.71 and a two-hundred day moving average of $122.18. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $147.87.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by ($0.02). Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The firm had revenue of $5 billion for the quarter, compared to analysts' expectations of $4.99 billion. During the same period last year, the company earned $1.54 earnings per share. The firm's revenue was up .7% on a year-over-year basis. As a group, sell-side analysts anticipate that Kimberly-Clark Co. will post 6.83 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Investors of record on Friday, March 8th were issued a $1.22 dividend. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.18. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.94%. Kimberly-Clark's dividend payout ratio (DPR) is presently 93.85%.

Insider Buying and Selling

In related news, Director Mark T. Smucker acquired 827 shares of the firm's stock in a transaction on Monday, January 29th. The shares were acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the transaction, the director now directly owns 827 shares in the company, valued at approximately $100,050.46. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, Director Mark T. Smucker acquired 827 shares of the business's stock in a transaction on Monday, January 29th. The shares were acquired at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the transaction, the director now directly owns 827 shares of the company's stock, valued at approximately $100,050.46. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Tristram Wilkinson sold 3,720 shares of Kimberly-Clark stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $121.00, for a total transaction of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares of the company's stock, valued at $2,084,709. The disclosure for this sale can be found here. 0.62% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on KMB shares. StockNews.com raised shares of Kimberly-Clark from a "hold" rating to a "buy" rating in a report on Thursday. Piper Sandler raised their price target on shares of Kimberly-Clark from $145.00 to $152.00 and gave the company an "overweight" rating in a report on Thursday, March 28th. JPMorgan Chase & Co. raised their price target on shares of Kimberly-Clark from $119.00 to $125.00 and gave the company an "underweight" rating in a report on Thursday, January 18th. The Goldman Sachs Group began coverage on shares of Kimberly-Clark in a report on Friday, March 1st. They set a "buy" rating and a $135.00 price target on the stock. Finally, HSBC increased their price objective on shares of Kimberly-Clark from $134.00 to $146.00 and gave the stock a "hold" rating in a research note on Thursday, March 28th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $132.43.

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.