Investor s Fiduciary Advisor Network LLC Buys Shares of 3,987 Kimberly-Clark Co. (NYSE:KMB)

Investor s Fiduciary Advisor Network LLC bought a new position in Kimberly-Clark Co. (NYSE:KMB) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 3,987 shares of the company’s stock, valued at approximately $522,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in KMB. Migdal Insurance & Financial Holdings Ltd. bought a new position in Kimberly-Clark in the fourth quarter worth approximately $25,000. Marshall Investment Management LLC purchased a new position in shares of Kimberly-Clark in the 4th quarter valued at $25,000. Golden State Wealth Management LLC bought a new position in shares of Kimberly-Clark in the 4th quarter worth $32,000. Strategic Financial Concepts LLC purchased a new stake in shares of Kimberly-Clark during the 4th quarter worth $33,000. Finally, Roxbury Financial LLC bought a new stake in Kimberly-Clark during the fourth quarter valued at about $33,000. Institutional investors own 76.29% of the company’s stock.

Insider Buying and Selling

In related news, insider Katy Chen sold 740 shares of Kimberly-Clark stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $129.70, for a total transaction of $95,978.00. Following the completion of the transaction, the insider now directly owns 3,997 shares in the company, valued at approximately $518,410.90. This trade represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $1,528,158.00. Following the completion of the transaction, the vice president now directly owns 7,720 shares of the company’s stock, valued at $1,088,520. The trade was a 58.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,872 shares of company stock valued at $2,208,684 over the last 90 days. Insiders own 0.64% of the company’s stock.

Wall Street Analyst Weigh In

KMB has been the subject of a number of recent research reports. Wells Fargo & Company boosted their target price on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an “equal weight” rating in a report on Friday, March 28th. Piper Sandler decreased their target price on shares of Kimberly-Clark from $158.00 to $156.00 and set an “overweight” rating for the company in a research report on Wednesday, April 23rd. Citigroup cut their price target 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. UBS Group increased their price objective on Kimberly-Clark from $134.00 to $146.00 and gave the company a “neutral” rating in a report on Thursday, April 17th. Finally, Royal Bank of Canada dropped their target price on Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 23rd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and a consensus target price of $145.08.

Kimberly-Clark Stock Down 0.4%

Shares of KMB stock opened at $133.01 on Monday. Kimberly-Clark Co. has a fifty-two week low of $124.10 and a fifty-two week high of $150.45. The firm has a market capitalization of $44.13 billion, a PE ratio of 17.62, a P/E/G ratio of 4.46 and a beta of 0.35. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. The stock’s 50-day simple moving average is $137.87 and its 200-day simple moving average is $134.71.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.04. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. The firm had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the prior year, the firm earned $2.01 earnings per share. Equities analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be paid a $1.26 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.79%. Kimberly-Clark’s payout ratio is currently 68.66%.

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.