13,476 Shares in Kimberly-Clark Co. (NYSE:KMB) Acquired by Signet Financial Management LLC

Signet Financial Management LLC bought a new position in Kimberly-Clark Co. (NYSE:KMB - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 13,476 shares of the company's stock, valued at approximately $1,637,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. OFI Invest Asset Management purchased a new position in Kimberly-Clark during the 3rd quarter valued at $25,000. DHJJ Financial Advisors Ltd. purchased a new position in Kimberly-Clark during the 3rd quarter valued at $26,000. Cranbrook Wealth Management LLC boosted its holdings in Kimberly-Clark by 90.9% during the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company's stock valued at $26,000 after acquiring an additional 100 shares during the period. Centerpoint Advisors LLC boosted its holdings in Kimberly-Clark by 175.0% during the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company's stock valued at $33,000 after acquiring an additional 175 shares during the period. Finally, Cornerstone Planning Group LLC purchased a new position in Kimberly-Clark during the 2nd quarter valued at $34,000. Hedge funds and other institutional investors own 76.29% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. StockNews.com raised Kimberly-Clark from a "hold" rating to a "buy" rating in a research report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft lifted their target price on Kimberly-Clark from $127.00 to $132.00 and gave the company a "hold" rating in a research report on Thursday, March 28th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $123.00 target price on shares of Kimberly-Clark in a research report on Thursday, March 28th. Evercore ISI raised Kimberly-Clark from an "in-line" rating to an "outperform" rating and lifted their target price for the company from $133.00 to $150.00 in a research report on Thursday, March 28th. Finally, Piper Sandler boosted their price target on Kimberly-Clark from $145.00 to $152.00 and gave the stock an "overweight" rating in a research report on Thursday, March 28th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $132.43.

Insider Buying and Selling

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

Kimberly-Clark Stock Performance

Shares of KMB traded up $0.68 during mid-day trading on Wednesday, reaching $125.96. The company had a trading volume of 2,289,805 shares, compared to its average volume of 2,114,028. Kimberly-Clark Co. has a 52-week low of $116.32 and a 52-week high of $147.87. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94. The stock has a market capitalization of $42.44 billion, a P/E ratio of 24.22, a PEG ratio of 3.77 and a beta of 0.40. The stock has a 50 day moving average of $124.01 and a two-hundred day moving average of $122.26.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its earnings results on Wednesday, January 24th. The company reported $1.51 EPS for the quarter, missing analysts' consensus estimates of $1.53 by ($0.02). Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The company had revenue of $5 billion during the quarter, compared to analysts' expectations of $4.99 billion. During the same quarter in the previous year, the company earned $1.54 EPS. The firm's quarterly revenue was up .7% compared to the same quarter last year. On average, analysts expect that Kimberly-Clark Co. will post 6.84 earnings per share for the current 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 a boost 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 yield of 3.87%. Kimberly-Clark's dividend payout ratio is presently 93.85%.

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.