Amundi Raises Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Amundi grew its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 5.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,401,501 shares of the company's stock after acquiring an additional 122,312 shares during the quarter. Amundi owned about 0.72% of Kimberly-Clark worth $304,439,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Thompson Siegel & Walmsley LLC grew its position in Kimberly-Clark by 1.5% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company's stock worth $759,000 after purchasing an additional 77 shares during the period. Truvestments Capital LLC grew its holdings in shares of Kimberly-Clark by 2.7% in the third quarter. Truvestments Capital LLC now owns 2,981 shares of the company's stock worth $424,000 after acquiring an additional 78 shares during the period. Confluence Wealth Services Inc. increased its position in Kimberly-Clark by 5.1% during the fourth 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 during the last quarter. YHB Investment Advisors Inc. lifted its holdings in Kimberly-Clark by 3.4% in the fourth quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company's stock valued at $330,000 after acquiring an additional 83 shares during the period. Finally, Ascent Wealth Partners LLC boosted its position in Kimberly-Clark by 1.0% in the fourth quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock worth $1,221,000 after purchasing an additional 90 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors.

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Kimberly-Clark Price Performance

KMB traded down $3.38 on Tuesday, hitting $144.02. 2,507,282 shares of the company's stock traded hands, compared to its average volume of 2,045,313. The company's 50 day simple moving average is $132.96 and its 200-day simple moving average is $136.48. 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 one year low of $123.02 and a one year high of $150.45. The firm has a market cap of $47.77 billion, a price-to-earnings ratio of 19.08, a P/E/G ratio of 4.46 and a beta of 0.36.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 earnings per share (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, research analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The business also recently declared 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. The ex-dividend date is Friday, March 7th. This represents a $5.04 annualized dividend and a yield of 3.50%. This is a boost from Kimberly-Clark's previous quarterly dividend of $1.22. Kimberly-Clark's payout ratio is presently 66.75%.

Insider Buying and Selling at Kimberly-Clark

In related news, VP Andrew Drexler sold 10,838 shares of the business's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total value of $1,528,158.00. Following the sale, the vice president now directly owns 7,720 shares in the company, valued at approximately $1,088,520. The trade was a 58.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.62% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on KMB. Piper Sandler reaffirmed an "overweight" rating and set a $158.00 price target (down previously from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. StockNews.com raised shares of Kimberly-Clark from a "hold" rating to a "buy" rating in a report on Thursday, March 6th. Wells Fargo & Company dropped their price target on shares of 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. UBS Group upped their price objective on Kimberly-Clark from $132.00 to $134.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. Finally, JPMorgan Chase & Co. lowered their target price on Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating on the stock in a research report on Thursday, January 16th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $143.64.

About Kimberly-Clark

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.