Kimberly-Clark Co. (NYSE:KMB) Shares Acquired by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. lifted its holdings in Kimberly-Clark Co. (NYSE:KMB) by 13.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,974 shares of the company’s stock after purchasing an additional 238 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in Kimberly-Clark were worth $249,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Pensionfund Sabic boosted its holdings in Kimberly-Clark by 45.5% in the fourth quarter. Pensionfund Sabic now owns 12,800 shares of the company’s stock worth $1,677,000 after acquiring an additional 4,000 shares in the last quarter. Barclays PLC raised its position in shares of Kimberly-Clark by 19.4% in 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 during the last quarter. Vest Financial LLC boosted its stake in Kimberly-Clark by 6.5% in the 3rd quarter. Vest Financial LLC now owns 347,269 shares of the company’s stock worth $49,409,000 after purchasing an additional 21,339 shares in the last quarter. Aprio Wealth Management LLC grew its position in Kimberly-Clark by 20.0% during the 4th quarter. Aprio Wealth Management LLC now owns 2,792 shares of the company’s stock worth $366,000 after purchasing an additional 466 shares during the last quarter. Finally, West Oak Capital LLC increased its stake in Kimberly-Clark by 20,377.6% during the 4th quarter. West Oak Capital LLC now owns 33,788 shares of the company’s stock valued at $4,428,000 after purchasing an additional 33,623 shares in the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Kimberly-Clark Stock Performance

Shares of NYSE KMB opened at $127.33 on Friday. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The company’s fifty day moving average price is $132.41 and its 200 day moving average price is $137.98. The company has a market capitalization of $42.46 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 2.69 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. The firm had revenue of $4.95 billion for the quarter, compared to analysts’ expectations of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The company’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period last year, the firm earned $1.74 EPS. On average, research analysts predict that Kimberly-Clark Co. will post 7.31 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were given a dividend of $1.22 per share. The ex-dividend date was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.83%. Kimberly-Clark’s dividend payout ratio (DPR) is 63.29%.

Wall Street Analyst Weigh In

KMB has been the topic of a number of research analyst reports. Wells Fargo & Company dropped their price objective on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Royal Bank of Canada reiterated an “outperform” rating and set a $165.00 price target on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft raised their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research note on Tuesday, October 8th. Piper Sandler dropped their target price on Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Finally, TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target for the company. in a research report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and an average price target of $143.71.

Insider Activity

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction that occurred 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 transaction, the vice president now owns 5,053 shares of the company’s stock, valued at $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.62% of the company’s stock.

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.