SWS Partners Boosts Position in Kimberly-Clark Co. (NYSE:KMB)

SWS Partners boosted its position in Kimberly-Clark Co. (NYSE:KMB) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,741 shares of the company’s stock after purchasing an additional 319 shares during the period. SWS Partners’ holdings in Kimberly-Clark were worth $1,420,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Thompson Siegel & Walmsley LLC lifted its holdings in Kimberly-Clark by 1.5% during the third quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company’s stock valued at $759,000 after purchasing an additional 77 shares in the last quarter. Graypoint LLC raised its position in shares of Kimberly-Clark by 1.5% during the 3rd quarter. Graypoint LLC now owns 5,315 shares of the company’s stock valued at $756,000 after purchasing an additional 78 shares during the period. Truvestments Capital LLC lifted its stake in shares of Kimberly-Clark by 2.7% during the 3rd quarter. Truvestments Capital LLC now owns 2,981 shares of the company’s stock valued at $424,000 after buying an additional 78 shares in the last quarter. Confluence Wealth Services Inc. boosted its holdings in Kimberly-Clark by 5.1% in the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company’s stock worth $208,000 after buying an additional 80 shares during the period. Finally, YHB Investment Advisors Inc. increased its stake in Kimberly-Clark by 3.4% in the 4th quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company’s stock worth $330,000 after buying an additional 83 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on KMB. Wells Fargo & Company lowered their price objective on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. JPMorgan Chase & Co. dropped their price target on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Piper Sandler reiterated 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. Royal Bank of Canada restated an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research report on Friday, January 24th. Finally, UBS Group lifted their price target on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $143.64.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Drexler sold 2,500 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $140.00, for a total value of $350,000.00. Following the transaction, the vice president now owns 2,553 shares of the company’s stock, valued at $357,420. This trade represents a 49.48 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark Trading Up 1.0 %

Shares of KMB opened at $143.48 on Tuesday. Kimberly-Clark Co. has a twelve month low of $122.98 and a twelve month high of $149.31. 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’s fifty day simple moving average is $131.55 and its 200-day simple moving average is $136.49. The company has a market cap of $47.59 billion, a P/E ratio of 19.00, a P/E/G ratio of 4.46 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, hitting 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 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be paid a $1.26 dividend. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. This represents a $5.04 dividend on an annualized basis and a yield of 3.51%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 66.75%.

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.