5,800 Shares in Kimberly-Clark Co. (NYSE:KMB) Purchased by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in shares of Kimberly-Clark Co. (NYSE:KMB) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 5,800 shares of the company’s stock, valued at approximately $760,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KMB. Marshall Investment Management LLC purchased a new stake in Kimberly-Clark in the 4th quarter valued at $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Kimberly-Clark in the fourth quarter valued at about $25,000. Roxbury Financial LLC bought a new position in shares of Kimberly-Clark during the fourth quarter valued at about $33,000. Golden State Wealth Management LLC purchased a new position in Kimberly-Clark during the fourth quarter worth about $32,000. Finally, Synergy Asset Management LLC bought a new stake in Kimberly-Clark in the 4th quarter worth about $35,000. 76.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

KMB has been the topic of several recent analyst reports. Citigroup dropped their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research report on Wednesday, January 15th. Piper Sandler reiterated an “overweight” rating and set a $158.00 price target (down from $161.00) on shares of Kimberly-Clark in a report on Wednesday, January 29th. UBS Group upped their price objective on Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. 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 note on Wednesday, January 8th. Finally, StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Kimberly-Clark presently has an average rating of “Hold” and an average target price of $143.64.

Kimberly-Clark Trading Down 0.6 %

Shares of KMB stock opened at $136.95 on Wednesday. The stock has a market capitalization of $45.42 billion, a price-to-earnings ratio of 18.14, a PEG ratio of 4.46 and a beta of 0.36. The company’s fifty day simple moving average is $135.30 and its two-hundred day simple moving average is $136.04. Kimberly-Clark Co. has a 1 year low of $123.84 and a 1 year high of $150.45. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) 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%. As a group, analysts anticipate that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be issued a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.68%. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s dividend payout ratio is presently 66.75%.

Insider Activity

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the firm’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.64% of the stock is owned by company insiders.

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.