2,053 Shares in Kimberly-Clark Co. (NYSE:KMB) Bought by Advyzon Investment Management LLC

Advyzon Investment Management LLC purchased a new stake in Kimberly-Clark Co. (NYSE:KMB) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,053 shares of the company’s stock, valued at approximately $269,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Kimberly-Clark in the fourth quarter valued at approximately $25,000. Darwin Wealth Management LLC acquired a new position in shares of Kimberly-Clark in the 3rd quarter worth approximately $29,000. Golden State Wealth Management LLC acquired a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $32,000. Strategic Financial Concepts LLC bought a new stake in shares of Kimberly-Clark in the 4th quarter valued at $33,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth $33,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

NYSE KMB opened at $138.85 on Friday. The company has a market cap of $46.05 billion, a P/E ratio of 18.39, a PEG ratio of 4.34 and a beta of 0.41. The company has a fifty day simple moving average of $130.03 and a 200 day simple moving average of $136.46. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. Kimberly-Clark Co. has a 12-month low of $118.62 and a 12-month high of $149.30.

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

Kimberly-Clark Increases Dividend

The business 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 a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s payout ratio is currently 66.75%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. UBS Group upped their price target on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Citigroup cut their target price 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. Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a report on Friday, January 24th. Wells Fargo & Company dropped their price target on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $158.00 price objective (down previously from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. Two 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 stock. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and a consensus price target of $143.64.

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.