Kimberly-Clark Co. (NYSE:KMB) Shares Acquired by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB increased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 5.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,727 shares of the company’s stock after acquiring an additional 96 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Kimberly-Clark were worth $226,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FLC Capital Advisors raised its holdings in shares of Kimberly-Clark by 4.8% during the fourth quarter. FLC Capital Advisors now owns 2,173 shares of the company’s stock valued at $285,000 after acquiring an additional 100 shares during the last quarter. Strong Tower Advisory Services increased its position in shares of Kimberly-Clark by 11.8% during the fourth quarter. Strong Tower Advisory Services now owns 14,227 shares of the company’s stock worth $1,864,000 after purchasing an additional 1,499 shares in the last quarter. Sarasin & Partners LLP raised its stake in Kimberly-Clark by 140.1% in the 4th quarter. Sarasin & Partners LLP now owns 988,294 shares of the company’s stock valued at $129,506,000 after purchasing an additional 576,610 shares during the last quarter. LVW Advisors LLC lifted its holdings in Kimberly-Clark by 1.7% in the 4th quarter. LVW Advisors LLC now owns 9,085 shares of the company’s stock valued at $1,190,000 after purchasing an additional 154 shares in the last quarter. Finally, Annex Advisory Services LLC boosted its stake in Kimberly-Clark by 9.6% during the 4th quarter. Annex Advisory Services LLC now owns 3,464 shares of the company’s stock worth $454,000 after purchasing an additional 302 shares during the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analyst Upgrades and Downgrades

KMB has been the subject of a number of recent research reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Wells Fargo & Company decreased their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. TD Cowen cut Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target for the company. in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft boosted their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research note on Tuesday, October 8th. Finally, JPMorgan Chase & Co. cut their target price on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and a consensus price target of $143.71.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the transaction, the vice president now owns 5,053 shares of the company’s stock, valued at $702,417.53. This trade represents a 37.25 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.62% of the stock is currently owned by corporate insiders.

Kimberly-Clark Price Performance

Kimberly-Clark stock opened at $126.12 on Thursday. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The company has a market capitalization of $42.06 billion, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 3.56 and a beta of 0.41. The company’s 50 day simple moving average is $132.17 and its 200-day simple moving average is $137.83. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating 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 company had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. During the same quarter in the previous year, the company earned $1.74 earnings per share. The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. As a group, equities research analysts expect that Kimberly-Clark Co. will post 7.32 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date was Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is 63.29%.

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.