269 Shares in Kimberly-Clark Co. (NYSE:KMB) Acquired by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC acquired a new stake in Kimberly-Clark Co. (NYSE:KMB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 269 shares of the company’s stock, valued at approximately $35,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KMB. Creative Planning grew its stake in Kimberly-Clark by 1.3% in the 3rd quarter. Creative Planning now owns 75,147 shares of the company’s stock valued at $10,692,000 after acquiring an additional 943 shares during the last quarter. Swedbank AB grew its position in shares of Kimberly-Clark by 3.0% in the third quarter. Swedbank AB now owns 171,142 shares of the company’s stock valued at $24,350,000 after purchasing an additional 5,034 shares during the last quarter. SeaCrest Wealth Management LLC increased its stake in shares of Kimberly-Clark by 3.4% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 3,973 shares of the company’s stock worth $565,000 after purchasing an additional 131 shares in the last quarter. Vontobel Holding Ltd. increased its stake in shares of Kimberly-Clark by 13.3% during the 3rd quarter. Vontobel Holding Ltd. now owns 124,596 shares of the company’s stock worth $17,728,000 after purchasing an additional 14,587 shares in the last quarter. Finally, B.O.S.S. Retirement Advisors LLC raised its position in shares of Kimberly-Clark by 2.3% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 15,075 shares of the company’s stock worth $2,145,000 after purchasing an additional 337 shares during the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the transaction, the vice president now owns 5,053 shares in the company, valued at $702,417.53. This represents a 37.25 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Trading Up 1.2 %

NYSE KMB opened at $135.43 on Friday. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. Kimberly-Clark Co. has a one year low of $117.67 and a one year high of $149.30. The company’s 50 day moving average price is $129.93 and its 200 day moving average price is $136.58. The firm has a market capitalization of $45.16 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 4.12 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, January 28th. The company reported $1.50 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%. On average, sell-side analysts predict that Kimberly-Clark Co. will post 7.51 EPS for the current year.

Kimberly-Clark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be given a $1.26 dividend. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.04 annualized dividend and a dividend yield of 3.72%. Kimberly-Clark’s dividend payout ratio is presently 64.64%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on KMB shares. UBS Group raised their price target on Kimberly-Clark from $132.00 to $134.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. StockNews.com cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Piper Sandler reissued an “overweight” rating and issued a $158.00 price objective (down previously from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. Barclays decreased their target price on shares of Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. Finally, JPMorgan Chase & Co. reduced their price target on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average 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.