Kimberly-Clark Co. (NYSE:KMB) Stake Raised by Financial Management Professionals Inc.

Financial Management Professionals Inc. raised its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 12.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,160 shares of the company’s stock after acquiring an additional 351 shares during the quarter. Financial Management Professionals Inc.’s holdings in Kimberly-Clark were worth $414,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Pensionfund Sabic increased its stake in Kimberly-Clark by 45.5% in the 4th quarter. Pensionfund Sabic now owns 12,800 shares of the company’s stock valued at $1,677,000 after buying an additional 4,000 shares during the period. Barclays PLC raised its holdings in shares of Kimberly-Clark by 19.4% during the third quarter. Barclays PLC now owns 1,681,671 shares of the company’s stock worth $239,267,000 after acquiring an additional 273,813 shares in the last quarter. Vest Financial LLC raised its holdings in shares of Kimberly-Clark by 6.5% during the third quarter. Vest Financial LLC now owns 347,269 shares of the company’s stock worth $49,409,000 after acquiring an additional 21,339 shares in the last quarter. Aprio Wealth Management LLC grew its stake in Kimberly-Clark by 20.0% in the fourth quarter. Aprio Wealth Management LLC now owns 2,792 shares of the company’s stock valued at $366,000 after purchasing an additional 466 shares in the last quarter. Finally, West Oak Capital LLC increased its position in Kimberly-Clark by 20,377.6% in the 4th quarter. West Oak Capital LLC now owns 33,788 shares of the company’s stock worth $4,428,000 after purchasing an additional 33,623 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Trading Up 0.5 %

Kimberly-Clark stock opened at $127.33 on Friday. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The stock has a market cap of $42.46 billion, a price-to-earnings ratio of 16.51, a price-to-earnings-growth ratio of 2.69 and a beta of 0.41. The business has a 50 day moving average price of $132.41 and a two-hundred day moving average price of $137.98. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The firm had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $5.06 billion. During the same quarter in the previous year, the company earned $1.74 earnings per share. The business’s revenue was down 3.5% compared to the same quarter last year. As a group, equities analysts forecast that Kimberly-Clark Co. will post 7.31 EPS for the current year.

Kimberly-Clark Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders 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 3.83%. The ex-dividend date was Friday, December 6th. Kimberly-Clark’s payout ratio is 63.29%.

Wall Street Analyst Weigh In

Several brokerages recently commented on KMB. 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 research note on Wednesday, January 8th. UBS Group cut their price target on shares of Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating on the stock in a report on Thursday. Piper Sandler lowered their target price on shares of Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Barclays decreased their price target on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, Citigroup reduced their target price on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday. 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 MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and a consensus price target of $143.71.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the sale, the vice president now owns 5,053 shares of the company’s stock, valued at approximately $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 the SEC website. 0.62% of the stock is currently owned by insiders.

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.