1,636 Shares in Kimberly-Clark Co. (NYSE:KMB) Purchased by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC bought a new position in shares of Kimberly-Clark Co. (NYSE:KMB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,636 shares of the company’s stock, valued at approximately $213,000.

A number of other institutional investors also recently bought and sold shares of KMB. Catalina Capital Group LLC raised its stake in Kimberly-Clark by 8.7% during the third quarter. Catalina Capital Group LLC now owns 2,138 shares of the company’s stock worth $304,000 after purchasing an additional 171 shares during the period. Radnor Capital Management LLC purchased a new position in Kimberly-Clark during the third quarter worth about $983,000. Centennial Wealth Advisory LLC raised its stake in Kimberly-Clark by 2.6% during the third quarter. Centennial Wealth Advisory LLC now owns 4,261 shares of the company’s stock worth $606,000 after purchasing an additional 106 shares during the period. Concurrent Investment Advisors LLC raised its stake in Kimberly-Clark by 3.4% during the third quarter. Concurrent Investment Advisors LLC now owns 12,105 shares of the company’s stock worth $1,722,000 after purchasing an additional 402 shares during the period. Finally, Forte Capital LLC ADV raised its stake in Kimberly-Clark by 5.0% during the third quarter. Forte Capital LLC ADV now owns 12,075 shares of the company’s stock worth $1,718,000 after purchasing an additional 580 shares during the period. 76.29% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the vice president now owns 7,720 shares in the company, valued at $1,088,520. The trade was a 58.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.62% of the stock is currently owned by company insiders.

Kimberly-Clark Trading Up 0.5 %

Shares of KMB stock opened at $141.79 on Thursday. 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 fifty-two week low of $123.02 and a fifty-two week high of $149.31. The stock has a market capitalization of $47.03 billion, a P/E ratio of 18.78, a price-to-earnings-growth ratio of 4.46 and a beta of 0.36. The company has a 50 day moving average price of $131.92 and a 200 day moving average price of $136.52.

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

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be issued a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a yield of 3.55%. The ex-dividend date is Friday, March 7th. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. Kimberly-Clark’s payout ratio is 66.75%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. UBS Group boosted their price target on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Citigroup reduced their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research note on Wednesday, January 15th. TD Cowen downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target on the stock. in a research note on Wednesday, January 8th. Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a research note on Friday, January 24th. 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 investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $143.64.

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.