HUB Investment Partners LLC Purchases 1,993 Shares of Kimberly-Clark Co. (NYSE:KMB)

HUB Investment Partners LLC increased its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 32.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,112 shares of the company's stock after buying an additional 1,993 shares during the period. HUB Investment Partners LLC's holdings in Kimberly-Clark were worth $1,063,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. State Street Corp boosted its stake in shares of Kimberly-Clark by 5.9% in the third quarter. State Street Corp now owns 19,304,396 shares of the company's stock worth $2,768,367,000 after acquiring an additional 1,083,824 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Kimberly-Clark by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,589,967 shares of the company's stock valued at $1,387,709,000 after buying an additional 529,223 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Kimberly-Clark by 2.8% during the third quarter. Geode Capital Management LLC now owns 7,675,506 shares of the company's stock valued at $1,092,388,000 after buying an additional 206,671 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Kimberly-Clark by 1.0% in the fourth quarter. Bank of New York Mellon Corp now owns 3,040,747 shares of the company's stock worth $398,459,000 after buying an additional 30,312 shares in the last quarter. Finally, Nordea Investment Management AB boosted its position in shares of Kimberly-Clark by 20.4% during the fourth quarter. Nordea Investment Management AB now owns 2,740,525 shares of the company's stock worth $358,625,000 after acquiring an additional 464,615 shares during the last quarter. Hedge funds and other institutional investors own 76.29% of the company's stock.

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Analyst Upgrades and Downgrades

A number of analysts have issued reports on KMB shares. Barclays decreased 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 note on Friday, January 17th. StockNews.com upgraded Kimberly-Clark from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. Royal Bank of Canada restated an "outperform" rating and set a $165.00 price target on shares of Kimberly-Clark in a report on Friday, January 24th. Piper Sandler reaffirmed an "overweight" rating and set a $158.00 price objective (down from $161.00) on shares of Kimberly-Clark in a report on Wednesday, January 29th. Finally, UBS Group raised their target price 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 equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Kimberly-Clark presently has a consensus rating of "Hold" and a consensus price target of $143.64.

Kimberly-Clark Trading Down 0.6 %

Shares of KMB stock traded down $0.87 during trading hours on Tuesday, reaching $136.95. 1,800,993 shares of the stock were exchanged, compared to its average volume of 2,037,734. The firm has a market capitalization of $45.42 billion, a price-to-earnings ratio of 18.14, a price-to-earnings-growth ratio of 4.46 and a beta of 0.36. Kimberly-Clark Co. has a 12-month low of $123.84 and a 12-month high of $150.45. The company's 50-day moving average price is $135.09 and its 200-day moving average price is $136.11. 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 (NYSE:KMB - Get Free Report) last announced its earnings results 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 return on equity of 201.43% and a net margin of 12.69%. As a group, equities analysts anticipate that Kimberly-Clark Co. will post 7.5 earnings per share 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 of this dividend is Friday, March 7th. This represents a $5.04 dividend on an annualized basis and a yield of 3.68%. Kimberly-Clark's dividend payout ratio (DPR) is presently 66.75%.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 10,838 shares of the company's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the transaction, the vice president now directly owns 7,720 shares in the company, valued at approximately $1,088,520. This represents a 58.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.64% of the company's stock.

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.