FNY Investment Advisers LLC Acquires New Holdings in Kimberly-Clark Co. (NYSE:KMB)

FNY Investment Advisers LLC purchased a new position in Kimberly-Clark Co. (NYSE:KMB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,100 shares of the company’s stock, valued at approximately $406,000.

Several other large investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. raised its position in Kimberly-Clark by 2.2% in the second quarter. Oppenheimer & Co. Inc. now owns 19,231 shares of the company’s stock worth $2,658,000 after acquiring an additional 408 shares during the period. Thoroughbred Financial Services LLC raised its position in Kimberly-Clark by 94.7% during the second quarter. Thoroughbred Financial Services LLC now owns 6,516 shares of the company’s stock valued at $900,000 after purchasing an additional 3,169 shares during the period. Wealthspire Advisors LLC boosted its stake in Kimberly-Clark by 5.0% during the second quarter. Wealthspire Advisors LLC now owns 6,245 shares of the company’s stock worth $863,000 after buying an additional 298 shares during the period. Dimensional Fund Advisors LP lifted its stake in Kimberly-Clark by 22.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,934,655 shares of the company’s stock worth $267,383,000 after purchasing an additional 354,501 shares during the last quarter. Finally, Sierra Summit Advisors LLC lifted its position in shares of Kimberly-Clark by 8.6% during the second quarter. Sierra Summit Advisors LLC now owns 2,337 shares of the company’s stock worth $323,000 after purchasing an additional 186 shares during the last quarter. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

NYSE:KMB opened at $125.35 on Tuesday. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. The business’s 50-day moving average price is $132.94 and its 200 day moving average price is $138.31. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30. The firm has a market cap of $41.80 billion, a P/E ratio of 16.26, a PEG ratio of 2.76 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The firm had revenue of $4.95 billion during the quarter, compared to analyst estimates of $5.06 billion. During the same period last year, the company posted $1.74 EPS. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. As a group, sell-side analysts predict that Kimberly-Clark Co. will post 7.27 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were issued a dividend of $1.22 per share. The ex-dividend date was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.89%. Kimberly-Clark’s dividend payout ratio is currently 63.29%.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the transaction, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. This represents a 37.25 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.62% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. TD Cowen cut 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. Wells Fargo & Company lowered their price objective on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. UBS Group dropped their price target on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research report on Tuesday, October 8th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $147.57.

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.