Fjarde AP Fonden Fourth Swedish National Pension Fund Has $12.45 Million Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 14.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,996 shares of the company's stock after purchasing an additional 12,100 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Kimberly-Clark were worth $12,448,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Private Advisor Group LLC lifted its holdings in shares of Kimberly-Clark by 2.6% during the third quarter. Private Advisor Group LLC now owns 37,175 shares of the company's stock valued at $5,289,000 after acquiring an additional 928 shares during the period. International Assets Investment Management LLC increased its position in shares of Kimberly-Clark by 13,351.7% during the 3rd quarter. International Assets Investment Management LLC now owns 311,273 shares of the company's stock worth $44,288,000 after purchasing an additional 308,959 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in Kimberly-Clark by 241.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 38,613 shares of the company's stock valued at $5,494,000 after purchasing an additional 27,307 shares during the last quarter. Forsta AP Fonden boosted its position in Kimberly-Clark by 3.7% in the third quarter. Forsta AP Fonden now owns 123,900 shares of the company's stock valued at $17,628,000 after buying an additional 4,400 shares in the last quarter. Finally, PFG Investments LLC grew its stake in Kimberly-Clark by 18.8% during the third quarter. PFG Investments LLC now owns 8,569 shares of the company's stock worth $1,219,000 after buying an additional 1,359 shares during the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Kimberly-Clark Stock Up 0.9 %

Shares of NYSE KMB opened at $140.28 on Monday. Kimberly-Clark Co. has a 1 year low of $118.62 and a 1 year high of $149.30. The firm's 50-day moving average is $130.37 and its 200-day moving average is $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. The firm has a market capitalization of $46.53 billion, a PE ratio of 18.58, a price-to-earnings-growth ratio of 4.46 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced 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%. Equities analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be issued a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date is Friday, March 7th. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. Kimberly-Clark's dividend payout ratio is currently 64.64%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on KMB. Piper Sandler reiterated an "overweight" rating and issued a $158.00 target price (down previously from $161.00) on shares of Kimberly-Clark in a research note on Wednesday, January 29th. Citigroup cut their price objective on Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a research report on Wednesday, January 15th. StockNews.com lowered Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Saturday, February 15th. JPMorgan Chase & Co. lowered their target price 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. Finally, Barclays reduced their price target 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. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. According to MarketBeat, Kimberly-Clark currently has a consensus rating of "Hold" and an average price target of $143.64.

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.

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