Kimberly-Clark Co. (NYSE:KMB) Holdings Lifted by Blue Trust Inc.

Blue Trust Inc. lifted its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 202.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,593 shares of the company’s stock after buying an additional 9,763 shares during the period. Blue Trust Inc.’s holdings in Kimberly-Clark were worth $2,076,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. William B. Walkup & Associates Inc. acquired a new position in Kimberly-Clark during the 2nd quarter worth $26,000. Darwin Wealth Management LLC acquired a new stake in Kimberly-Clark in the third quarter worth about $29,000. DiNuzzo Private Wealth Inc. lifted its holdings in Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after purchasing an additional 202 shares during the period. Kennebec Savings Bank bought a new position in Kimberly-Clark in the 3rd quarter valued at about $36,000. Finally, ORG Wealth Partners LLC acquired a new position in Kimberly-Clark during the 3rd quarter valued at about $39,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the sale, the vice president now owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.62% of the stock is currently owned by corporate insiders.

Kimberly-Clark Price Performance

NYSE KMB opened at $131.27 on Tuesday. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. The firm has a market capitalization of $43.77 billion, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 3.53 and a beta of 0.41. The company has a 50 day simple moving average of $131.85 and a 200-day simple moving average of $137.56. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30.

Kimberly-Clark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were given a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a yield of 3.72%. Kimberly-Clark’s payout ratio is 63.29%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Barclays decreased their price objective on shares of Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research note on Friday. Citigroup cut their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a report on Tuesday, October 8th. Finally, TD Cowen lowered Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective for the company. in a research note on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and an average price target of $143.71.

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.