Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Blair William & Co. IL

Blair William & Co. IL lowered its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 3.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 201,252 shares of the company’s stock after selling 7,888 shares during the quarter. Blair William & Co. IL owned approximately 0.06% of Kimberly-Clark worth $26,372,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Kimberly-Clark during the fourth quarter valued at $25,000. Marshall Investment Management LLC bought a new stake in Kimberly-Clark in the 4th quarter valued at about $25,000. Golden State Wealth Management LLC acquired a new position in Kimberly-Clark during the 4th quarter valued at about $32,000. Strategic Financial Concepts LLC bought a new position in Kimberly-Clark in the 4th quarter worth about $33,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $33,000. 76.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on KMB. Citigroup decreased their price objective on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday, January 15th. StockNews.com raised Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. Royal Bank of Canada restated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a research note on Friday, January 24th. UBS Group increased their target price on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Finally, Piper Sandler restated an “overweight” rating and set a $158.00 price target (down from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus price target of $144.50.

Kimberly-Clark Price Performance

NYSE KMB opened at $140.55 on Friday. Kimberly-Clark Co. has a 1 year low of $123.84 and a 1 year high of $150.45. The business’s fifty day moving average is $135.86 and its two-hundred day moving average is $136.09. The stock has a market capitalization of $46.61 billion, a P/E ratio of 18.62, a P/E/G ratio of 4.46 and a beta of 0.36. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, meeting analysts’ consensus estimates of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. On average, research analysts forecast that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be given a dividend of $1.26 per share. The ex-dividend date of this dividend is Friday, March 7th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a yield of 3.59%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 66.75%.

Insider Buying and Selling at Kimberly-Clark

In other news, VP Andrew Drexler sold 10,838 shares of the firm’s stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the sale, the vice president now directly owns 7,720 shares of the company’s stock, valued at $1,088,520. This trade represents a 58.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.64% of the company’s stock.

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.