Kimberly-Clark Co. (NYSE:KMB) Shares Acquired by Brown Lisle Cummings Inc.

Brown Lisle Cummings Inc. increased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 27.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,615 shares of the company’s stock after purchasing an additional 1,219 shares during the quarter. Brown Lisle Cummings Inc.’s holdings in Kimberly-Clark were worth $736,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in KMB. Sloy Dahl & Holst LLC lifted its position in shares of Kimberly-Clark by 13.3% in the 4th quarter. Sloy Dahl & Holst LLC now owns 1,700 shares of the company’s stock worth $223,000 after buying an additional 200 shares during the last quarter. Rockline Wealth Management LLC raised its stake in Kimberly-Clark by 8.1% during the fourth quarter. Rockline Wealth Management LLC now owns 16,467 shares of the company’s stock worth $2,158,000 after acquiring an additional 1,232 shares during the period. Columbus Macro LLC lifted its holdings in Kimberly-Clark by 234.3% in the fourth quarter. Columbus Macro LLC now owns 50,345 shares of the company’s stock worth $6,597,000 after acquiring an additional 35,286 shares during the last quarter. Trust Point Inc. boosted its stake in Kimberly-Clark by 1.5% in the fourth quarter. Trust Point Inc. now owns 7,892 shares of the company’s stock valued at $1,034,000 after acquiring an additional 120 shares during the period. Finally, Alliance Wealth Advisors LLC UT grew its holdings in shares of Kimberly-Clark by 1.0% during the fourth quarter. Alliance Wealth Advisors LLC UT now owns 16,180 shares of the company’s stock valued at $2,120,000 after purchasing an additional 164 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the transaction, 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 document filed with the SEC, which can be accessed through this hyperlink. 0.62% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Barclays reduced their price objective on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. 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. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research note on Wednesday, January 8th. StockNews.com lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Finally, Piper Sandler reiterated an “overweight” rating and set a $158.00 price objective (down from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $143.64.

Kimberly-Clark Price Performance

Shares of NYSE KMB opened at $130.47 on Tuesday. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. 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 firm has a 50-day moving average of $131.20 and a two-hundred day moving average of $137.15. The company has a market capitalization of $43.51 billion, a price-to-earnings ratio of 17.28, a PEG ratio of 4.16 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, January 28th. The company reported $1.50 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%. As a group, analysts expect that Kimberly-Clark Co. will post 7.51 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be issued a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.86%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s payout ratio is presently 64.64%.

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.