Kimberly-Clark Co. (NYSE:KMB) Shares Acquired by Stifel Financial Corp

Stifel Financial Corp raised its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 852,982 shares of the company's stock after buying an additional 6,549 shares during the period. Stifel Financial Corp owned about 0.26% of Kimberly-Clark worth $111,775,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KMB. Barclays PLC lifted its position in Kimberly-Clark by 19.4% during the third quarter. Barclays PLC now owns 1,681,671 shares of the company's stock valued at $239,267,000 after buying an additional 273,813 shares in the last quarter. Passumpsic Savings Bank acquired a new position in shares of Kimberly-Clark during the third quarter worth $212,000. Chelsea Counsel Co. lifted its position in shares of Kimberly-Clark by 2.4% during the third quarter. Chelsea Counsel Co. now owns 12,870 shares of the company's stock worth $1,847,000 after purchasing an additional 300 shares in the last quarter. Tudor Financial Inc. acquired a new position in shares of Kimberly-Clark during the third quarter worth $280,000. Finally, World Investment Advisors LLC lifted its position in shares of Kimberly-Clark by 50.4% during the third quarter. World Investment Advisors LLC now owns 4,920 shares of the company's stock worth $700,000 after purchasing an additional 1,648 shares in the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on KMB shares. Citigroup reduced their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a research report on Wednesday, January 15th. Piper Sandler reduced their target price on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a research report on Wednesday. TD Cowen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 target price on the stock. in a research report on Wednesday, January 8th. Evercore ISI reduced their target price on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a research report on Wednesday. Finally, Wells Fargo & Company lifted their price target on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research note on Friday, March 28th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $145.08.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 10,838 shares of the company's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the transaction, the vice president now owns 7,720 shares in the company, valued at approximately $1,088,520. This represents a 58.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.64% of the company's stock.

Kimberly-Clark Stock Performance

KMB stock traded down $0.76 during trading on Friday, hitting $131.58. 2,626,982 shares of the company's stock traded hands, compared to its average volume of 2,128,574. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. Kimberly-Clark Co. has a 52 week low of $124.10 and a 52 week high of $150.45. The stock has a fifty day moving average price of $139.62 and a two-hundred day moving average price of $135.46. The stock has a market capitalization of $43.64 billion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 4.46 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.04. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. The firm had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the previous year, the firm earned $2.01 earnings per share. As a group, equities analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were paid a dividend of $1.26 per share. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date of this dividend was Friday, March 7th. This represents a $5.04 annualized dividend and a yield of 3.83%. Kimberly-Clark's payout ratio is presently 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.