Brown Brothers Harriman & Co. Has $4.70 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Brown Brothers Harriman & Co. boosted its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,867 shares of the company’s stock after purchasing an additional 148 shares during the period. Brown Brothers Harriman & Co.’s holdings in Kimberly-Clark were worth $4,700,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Park Avenue Securities LLC increased its holdings in Kimberly-Clark by 77.4% in the fourth quarter. Park Avenue Securities LLC now owns 13,786 shares of the company’s stock worth $1,807,000 after buying an additional 6,016 shares during the last quarter. Pensionfund Sabic increased its stake in shares of Kimberly-Clark by 45.5% during the 4th quarter. Pensionfund Sabic now owns 12,800 shares of the company’s stock worth $1,677,000 after purchasing an additional 4,000 shares during the last quarter. Barclays PLC raised its holdings in shares of Kimberly-Clark by 19.4% during the 3rd quarter. Barclays PLC now owns 1,681,671 shares of the company’s stock valued at $239,267,000 after purchasing an additional 273,813 shares in the last quarter. Aprio Wealth Management LLC boosted its holdings in Kimberly-Clark by 20.0% in the fourth quarter. Aprio Wealth Management LLC now owns 2,792 shares of the company’s stock worth $366,000 after purchasing an additional 466 shares in the last quarter. Finally, West Oak Capital LLC increased its position in Kimberly-Clark by 20,377.6% during the fourth quarter. West Oak Capital LLC now owns 33,788 shares of the company’s stock worth $4,428,000 after buying an additional 33,623 shares during the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Up 0.1 %

Shares of KMB opened at $140.73 on Friday. Kimberly-Clark Co. has a 12 month low of $123.84 and a 12 month high of $150.45. The stock has a market cap of $46.67 billion, a price-to-earnings ratio of 18.64, a P/E/G ratio of 4.46 and a beta of 0.36. The company has a 50-day moving average price of $136.12 and a two-hundred day moving average price of $135.98. 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 (NYSE:KMB) last posted its 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 return on equity of 201.43% and a net margin of 12.69%. Equities analysts predict that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be issued a $1.26 dividend. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. This represents a $5.04 annualized dividend and a dividend yield of 3.58%. Kimberly-Clark’s dividend payout ratio is presently 66.75%.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction on Friday, February 21st. The stock was sold at an average price of $140.00, for a total value of $350,000.00. Following the completion of the transaction, the vice president now owns 2,553 shares in the company, valued at approximately $357,420. The trade was a 49.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.64% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on KMB shares. Wells Fargo & Company increased their price target on Kimberly-Clark from $130.00 to $140.00 and gave the company an “equal weight” rating in a report on Friday. Citigroup lowered their price target on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research report on Wednesday, January 15th. JPMorgan Chase & Co. cut their price objective on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Barclays upped 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 note on Thursday. Finally, StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $144.85.

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.