Oxbow Advisors LLC Buys 37,952 Shares of Kimberly-Clark Co. (NYSE:KMB)

Oxbow Advisors LLC lifted its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 676.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,563 shares of the company's stock after purchasing an additional 37,952 shares during the quarter. Oxbow Advisors LLC's holdings in Kimberly-Clark were worth $5,293,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in KMB. OFI Invest Asset Management bought a new stake in shares of Kimberly-Clark in the 3rd quarter worth approximately $25,000. Cranbrook Wealth Management LLC boosted its position in shares of Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company's stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Centerpoint Advisors LLC boosted its position in shares of Kimberly-Clark by 175.0% in the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company's stock worth $33,000 after purchasing an additional 175 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new stake in shares of Kimberly-Clark in the 4th quarter worth approximately $35,000. Finally, Bruce G. Allen Investments LLC purchased a new position in Kimberly-Clark in the 4th quarter worth approximately $37,000. 76.29% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Katy Chen sold 454 shares of the company's stock in a transaction on Friday, April 26th. The shares were sold at an average price of $135.24, for a total value of $61,398.96. Following the completion of the transaction, the insider now owns 520 shares of the company's stock, valued at approximately $70,324.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, insider Jeffrey P. Melucci sold 6,390 shares of the company's stock in a transaction on Monday, April 29th. The shares were sold at an average price of $135.59, for a total value of $866,420.10. Following the completion of the transaction, the insider now owns 33,649 shares of the company's stock, valued at approximately $4,562,467.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Katy Chen sold 454 shares of the stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $135.24, for a total transaction of $61,398.96. Following the transaction, the insider now directly owns 520 shares of the company's stock, valued at approximately $70,324.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 24,395 shares of company stock valued at $3,332,776. Company insiders own 0.62% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on KMB shares. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Kimberly-Clark from $127.00 to $132.00 and gave the stock a "hold" rating in a report on Thursday, March 28th. JPMorgan Chase & Co. boosted their price objective on shares of Kimberly-Clark from $115.00 to $123.00 and gave the stock an "underweight" rating in a report on Wednesday, April 24th. Piper Sandler boosted their price objective on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an "overweight" rating in a report on Thursday, March 28th. StockNews.com upgraded shares of Kimberly-Clark from a "buy" rating to a "strong-buy" rating in a report on Monday. Finally, HSBC boosted their target price on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a "hold" rating in a research note on Wednesday, April 24th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $134.85.

Kimberly-Clark Stock Performance

Shares of NYSE:KMB traded down $0.42 during midday trading on Friday, hitting $134.25. The company had a trading volume of 1,418,773 shares, compared to its average volume of 2,168,314. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54. The company has a market cap of $45.20 billion, a price-to-earnings ratio of 24.68, a PEG ratio of 3.60 and a beta of 0.38. Kimberly-Clark Co. has a 12-month low of $116.32 and a 12-month high of $145.28. The company has a fifty day moving average of $129.80 and a two-hundred day moving average of $124.35.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.61 by $0.40. The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. Kimberly-Clark's revenue was down .9% on a year-over-year basis. During the same period in the prior year, the business posted $1.67 EPS. On average, equities research analysts expect that Kimberly-Clark Co. will post 7.03 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 7th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.64%. The ex-dividend date is Friday, June 7th. Kimberly-Clark's dividend payout ratio is currently 89.71%.

Kimberly-Clark Company 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.

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