Advisor OS LLC Buys 5,120 Shares of Kimberly-Clark Co. (NYSE:KMB)

Advisor OS LLC boosted its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 69.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,491 shares of the company’s stock after purchasing an additional 5,120 shares during the quarter. Advisor OS LLC’s holdings in Kimberly-Clark were worth $1,637,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Lake Street Advisors Group LLC grew its stake in Kimberly-Clark by 6.4% in the 4th quarter. Lake Street Advisors Group LLC now owns 1,883 shares of the company’s stock valued at $249,000 after buying an additional 114 shares during the last quarter. Illinois Municipal Retirement Fund boosted its holdings in Kimberly-Clark by 3.3% during the fourth quarter. Illinois Municipal Retirement Fund now owns 139,835 shares of the company’s stock valued at $18,324,000 after acquiring an additional 4,468 shares during the period. Amalgamated Bank grew its position in shares of Kimberly-Clark by 1.5% in the fourth quarter. Amalgamated Bank now owns 70,167 shares of the company’s stock valued at $9,195,000 after purchasing an additional 1,040 shares during the last quarter. Vaughan David Investments LLC IL lifted its position in shares of Kimberly-Clark by 2.8% during the 4th quarter. Vaughan David Investments LLC IL now owns 278,562 shares of the company’s stock worth $36,503,000 after purchasing an additional 7,578 shares during the last quarter. Finally, FourThought Financial Partners LLC bought a new stake in Kimberly-Clark during the 4th quarter valued at approximately $213,000. Institutional investors own 76.29% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. TD Cowen downgraded Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target on the stock. in a research report on Wednesday, January 8th. UBS Group boosted their target price on shares of Kimberly-Clark from $132.00 to $134.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a report on Friday, January 24th. Piper Sandler restated an “overweight” rating and set a $158.00 price objective (down previously from $161.00) on shares of Kimberly-Clark in a report on Wednesday, January 29th. Finally, Wells Fargo & Company cut their price objective on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $143.64.

Insider Activity at Kimberly-Clark

In other news, VP Andrew Drexler sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $140.00, for a total transaction of $350,000.00. Following the completion of the sale, the vice president now owns 2,553 shares of the company’s stock, valued at approximately $357,420. This trade represents a 49.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.62% of the stock is currently owned by insiders.

Kimberly-Clark Stock Up 0.9 %

NYSE KMB opened at $141.33 on Wednesday. Kimberly-Clark Co. has a 1-year low of $120.49 and a 1-year high of $149.30. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The stock’s 50 day moving average is $130.74 and its two-hundred day moving average is $136.45. The company has a market capitalization of $46.88 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 4.46 and a beta of 0.41.

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

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be given a dividend of $1.26 per share. The ex-dividend date is Friday, March 7th. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.57%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. Kimberly-Clark’s dividend payout ratio (DPR) is 66.75%.

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.