World Investment Advisors Acquires 1,038 Shares of Kimberly-Clark Co. (NYSE:KMB)

World Investment Advisors increased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 21.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,958 shares of the company’s stock after purchasing an additional 1,038 shares during the period. World Investment Advisors’ holdings in Kimberly-Clark were worth $781,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Kimberly-Clark during the 4th quarter valued at $25,000. Marshall Investment Management LLC purchased a new stake in shares of Kimberly-Clark during the 4th quarter worth $25,000. Golden State Wealth Management LLC bought a new stake in Kimberly-Clark during the fourth quarter valued at about $32,000. Strategic Financial Concepts LLC purchased a new position in Kimberly-Clark in the fourth quarter valued at about $33,000. Finally, Roxbury Financial LLC bought a new position in Kimberly-Clark in the fourth quarter worth about $33,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Kimberly-Clark Trading Down 5.1 %

Shares of NYSE:KMB opened at $137.76 on Monday. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. Kimberly-Clark Co. has a 52-week low of $123.84 and a 52-week high of $150.45. The stock has a market cap of $45.69 billion, a price-to-earnings ratio of 18.25, a PEG ratio of 4.46 and a beta of 0.37. The business has a 50-day moving average price of $137.64 and a 200-day moving average price of $135.91.

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

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 7th were given a dividend of $1.26 per share. The ex-dividend date was Friday, March 7th. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a yield of 3.66%. Kimberly-Clark’s payout ratio is currently 66.75%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an “equal weight” rating in a report on Friday, March 28th. JPMorgan Chase & Co. lowered their target price on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Piper Sandler reaffirmed 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. StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Thursday, March 6th. Finally, TD Cowen lowered Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a research report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus target price of $144.85.

Insider Buying and Selling at Kimberly-Clark

In other news, VP Andrew Drexler sold 10,838 shares of the business’s stock in a transaction dated Friday, February 28th. The stock was 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 owns 7,720 shares of the company’s stock, valued at $1,088,520. The trade was a 58.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.64% of the stock is owned by corporate 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.