Texas Yale Capital Corp. Boosts Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Texas Yale Capital Corp. boosted its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,919 shares of the company’s stock after acquiring an additional 175 shares during the period. Texas Yale Capital Corp.’s holdings in Kimberly-Clark were worth $1,300,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Marshall Investment Management LLC purchased a new position in Kimberly-Clark during the fourth quarter valued at approximately $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Kimberly-Clark during the fourth quarter valued at approximately $25,000. Roxbury Financial LLC purchased a new position in Kimberly-Clark during the fourth quarter valued at approximately $33,000. Golden State Wealth Management LLC purchased a new position in Kimberly-Clark during the fourth quarter valued at approximately $32,000. Finally, Synergy Asset Management LLC purchased a new position in Kimberly-Clark during the fourth quarter valued at approximately $35,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Trading Up 1.5 %

NYSE:KMB opened at $135.25 on Thursday. The company has a fifty day moving average of $138.05 and a 200 day moving average of $135.76. Kimberly-Clark Co. has a 52 week low of $123.84 and a 52 week high of $150.45. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The firm has a market capitalization of $44.86 billion, a P/E ratio of 17.91, a P/E/G ratio of 4.46 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results 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 predict 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 was paid on Wednesday, April 2nd. Investors of record on Friday, March 7th were issued a dividend of $1.26 per share. 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 3.73%. The ex-dividend date of this dividend was Friday, March 7th. Kimberly-Clark’s dividend payout ratio is currently 66.75%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Wells Fargo & Company lifted their target price on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an “equal weight” rating in a research report on Friday, March 28th. Piper Sandler reiterated an “overweight” rating and set a $158.00 target price (down from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research report on Wednesday, January 8th. Finally, Barclays lifted their target price on shares of Kimberly-Clark from $138.00 to $144.00 and gave the company an “equal weight” rating in a research report on Thursday, March 27th. 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 company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $144.85.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the business’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now directly owns 7,720 shares of the company’s stock, valued at approximately $1,088,520. The trade was a 58.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.64% of the stock is currently owned by company insiders.

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.