Andrew Hill Investment Advisors Inc. Has $331,000 Holdings in Kimberly-Clark Co. (NYSE:KMB)

Andrew Hill Investment Advisors Inc. lessened its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,524 shares of the company’s stock after selling 76 shares during the quarter. Andrew Hill Investment Advisors Inc.’s holdings in Kimberly-Clark were worth $331,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in KMB. Treasurer of the State of North Carolina grew its holdings in shares of Kimberly-Clark by 2.5% during the 4th quarter. Treasurer of the State of North Carolina now owns 205,896 shares of the company’s stock worth $26,981,000 after acquiring an additional 4,956 shares during the period. Scotia Capital Inc. increased its holdings in shares of Kimberly-Clark by 1.2% in the fourth quarter. Scotia Capital Inc. now owns 29,362 shares of the company’s stock valued at $3,848,000 after purchasing an additional 362 shares during the period. F M Investments LLC boosted its holdings in Kimberly-Clark by 5.6% in the 4th quarter. F M Investments LLC now owns 11,182 shares of the company’s stock worth $1,465,000 after buying an additional 593 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of Kimberly-Clark by 7.1% in the 4th quarter. Bessemer Group Inc. now owns 36,080 shares of the company’s stock valued at $4,726,000 after acquiring an additional 2,403 shares during the period. Finally, Texas Yale Capital Corp. lifted its stake in Kimberly-Clark by 1.8% during the fourth quarter. Texas Yale Capital Corp. now owns 9,919 shares of the company’s stock worth $1,300,000 after purchasing an additional 175 shares during the last quarter. Institutional investors own 76.29% of the company’s stock.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 2,500 shares of the firm’s stock in a transaction dated 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 in the company, 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. Corporate insiders own 0.64% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on KMB. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective for the company. in a research report on Wednesday, January 8th. Piper Sandler reaffirmed an “overweight” rating and issued a $158.00 price target (down previously from $161.00) on shares of Kimberly-Clark in a research note on Wednesday, January 29th. Barclays increased their price target on Kimberly-Clark from $138.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, March 27th. Citigroup decreased their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a report on Wednesday, January 15th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $144.85.

Kimberly-Clark Stock Performance

KMB opened at $135.25 on Thursday. The firm has a market capitalization of $44.86 billion, a PE ratio of 17.91, a PEG ratio of 4.46 and a beta of 0.37. 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 Co. has a 52-week low of $123.84 and a 52-week high of $150.45. The business’s 50-day simple moving average is $138.05 and its 200 day simple moving average is $135.76.

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, hitting analysts’ consensus estimates of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. As a group, sell-side analysts expect 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 was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were issued a dividend of $1.26 per share. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date of this dividend was Friday, March 7th. Kimberly-Clark’s dividend payout ratio (DPR) is currently 66.75%.

Kimberly-Clark Company 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.