1,415 Shares in Kimberly-Clark Co. (NYSE:KMB) Acquired by Sulzberger Capital Advisors Inc.

Sulzberger Capital Advisors Inc. acquired a new stake in Kimberly-Clark Co. (NYSE:KMB) in the 1st quarter, HoldingsChannel reports. The institutional investor acquired 1,415 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Kimberly-Clark by 74.1% in the fourth quarter. Brighton Jones LLC now owns 6,494 shares of the company’s stock valued at $851,000 after buying an additional 2,765 shares during the last quarter. Confluence Wealth Services Inc. grew its stake in Kimberly-Clark by 5.1% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company’s stock valued at $208,000 after acquiring an additional 80 shares in the last quarter. Choreo LLC raised its holdings in Kimberly-Clark by 31.6% in the 4th quarter. Choreo LLC now owns 13,049 shares of the company’s stock valued at $1,717,000 after acquiring an additional 3,130 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in Kimberly-Clark by 30.2% in the 4th quarter. Bleakley Financial Group LLC now owns 7,210 shares of the company’s stock worth $945,000 after purchasing an additional 1,673 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in Kimberly-Clark by 11.9% in the 4th quarter. State of Alaska Department of Revenue now owns 54,023 shares of the company’s stock worth $7,078,000 after purchasing an additional 5,765 shares in the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on KMB. Royal Bank of Canada cut their price target on Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating for the company in a report on Wednesday, April 23rd. Piper Sandler dropped their target price on Kimberly-Clark from $158.00 to $156.00 and set an “overweight” rating for the company in a report on Wednesday, April 23rd. JPMorgan Chase & Co. lifted their price target on Kimberly-Clark from $124.00 to $131.00 and gave the stock an “underweight” rating in a report on Friday, April 11th. UBS Group upped their price objective on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a “neutral” rating in a report on Thursday, April 17th. Finally, Evercore ISI cut their price objective on shares of Kimberly-Clark from $168.00 to $155.00 and set an “outperform” rating for the company in a research report on Wednesday, April 23rd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $145.08.

Insider Buying and Selling at Kimberly-Clark

In related news, insider Katy Chen sold 1,794 shares of the firm’s stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of $130.74, for a total transaction of $234,547.56. Following the completion of the transaction, the insider now directly owns 3,098 shares in the company, valued at $405,032.52. This trade represents a 36.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.64% of the stock is owned by corporate insiders.

Kimberly-Clark Stock Down 1.3%

Shares of NYSE:KMB opened at $133.55 on Friday. The business has a 50-day moving average price of $137.30 and a 200 day moving average price of $135.46. Kimberly-Clark Co. has a 12-month low of $124.10 and a 12-month high of $150.45. 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 capitalization of $44.31 billion, a price-to-earnings ratio of 17.69, a PEG ratio of 4.46 and a beta of 0.35.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.04. The business had revenue of $4.84 billion during the quarter, compared to analysts’ expectations of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same period last year, the business earned $2.01 earnings per share. Sell-side analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be issued a $1.26 dividend. The ex-dividend date is Friday, June 6th. This represents a $5.04 annualized dividend and a yield of 3.77%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 68.66%.

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.