Chicago Capital LLC Raises Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Chicago Capital LLC grew its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,930 shares of the company’s stock after acquiring an additional 200 shares during the quarter. Chicago Capital LLC’s holdings in Kimberly-Clark were worth $646,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Czech National Bank grew its position in Kimberly-Clark by 6.9% in the 3rd quarter. Czech National Bank now owns 68,610 shares of the company’s stock worth $9,762,000 after purchasing an additional 4,447 shares during the period. GAMMA Investing LLC boosted its stake in shares of Kimberly-Clark by 21.3% in the 3rd quarter. GAMMA Investing LLC now owns 10,463 shares of the company’s stock worth $1,489,000 after buying an additional 1,838 shares during the last quarter. Diversified Trust Co grew its holdings in shares of Kimberly-Clark by 2.3% in the third quarter. Diversified Trust Co now owns 69,453 shares of the company’s stock worth $9,882,000 after acquiring an additional 1,534 shares during the period. Kwmg LLC increased its position in Kimberly-Clark by 0.4% during the third quarter. Kwmg LLC now owns 45,279 shares of the company’s stock valued at $6,442,000 after acquiring an additional 190 shares during the last quarter. Finally, Mather Group LLC. lifted its holdings in Kimberly-Clark by 20.2% in the third quarter. Mather Group LLC. now owns 7,631 shares of the company’s stock valued at $1,086,000 after acquiring an additional 1,280 shares during the period. 76.29% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the 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 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.62% of the company’s stock.

Kimberly-Clark Stock Up 0.4 %

NYSE:KMB opened at $130.47 on Tuesday. The stock has a fifty day simple moving average of $131.20 and a 200-day simple moving average of $137.15. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The company has a market cap of $43.51 billion, a price-to-earnings ratio of 17.28, a price-to-earnings-growth ratio of 4.16 and a beta of 0.41. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Analysts anticipate that Kimberly-Clark Co. will post 7.51 EPS for the current year.

Kimberly-Clark Increases Dividend

The company also recently disclosed 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 is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend is Friday, March 7th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 66.75%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on KMB. Citigroup cut their price target on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research note on Wednesday, January 15th. JPMorgan Chase & Co. reduced their target price on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. Wells Fargo & Company cut their price objective on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $158.00 target price (down from $161.00) on shares of Kimberly-Clark in a report on Wednesday, January 29th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given 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 $143.64.

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.