Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. raised its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 63.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 338,235 shares of the company's stock after acquiring an additional 131,456 shares during the quarter. Jacobs Levy Equity Management Inc. owned approximately 0.10% of Kimberly-Clark worth $48,124,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Wulff Hansen & CO. increased its position in Kimberly-Clark by 13,720.0% in the second quarter. Wulff Hansen & CO. now owns 641,524 shares of the company's stock worth $88,659,000 after buying an additional 636,882 shares in the last quarter. Marshall Wace LLP grew its position in shares of Kimberly-Clark by 48.4% during the second quarter. Marshall Wace LLP now owns 1,545,147 shares of the company's stock worth $213,539,000 after purchasing an additional 503,839 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Kimberly-Clark by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 10,060,744 shares of the company's stock worth $1,431,443,000 after purchasing an additional 358,926 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Kimberly-Clark by 22.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,934,655 shares of the company's stock worth $267,383,000 after purchasing an additional 354,501 shares in the last quarter. Finally, Acadian Asset Management LLC grew its position in shares of Kimberly-Clark by 32.1% during the second quarter. Acadian Asset Management LLC now owns 1,360,883 shares of the company's stock worth $188,040,000 after purchasing an additional 330,327 shares in the last quarter. Institutional investors own 76.29% of the company's stock.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock traded down $0.43 on Wednesday, hitting $136.38. The company's stock had a trading volume of 774,080 shares, compared to its average volume of 2,102,865. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30. The firm has a fifty day moving average price of $138.37 and a 200-day moving average price of $139.35. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The company has a market capitalization of $45.48 billion, a price-to-earnings ratio of 17.75, a price-to-earnings-growth ratio of 2.93 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating analysts' consensus estimates of $1.69 by $0.14. The firm had revenue of $4.95 billion for the quarter, compared to analysts' expectations of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The firm's quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.74 earnings per share. As a group, sell-side analysts anticipate that Kimberly-Clark Co. will post 7.27 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 6th will be issued a $1.22 dividend. The ex-dividend date is Friday, December 6th. This represents a $4.88 annualized dividend and a yield of 3.58%. Kimberly-Clark's dividend payout ratio (DPR) is presently 63.29%.

Wall Street Analysts Forecast Growth

KMB has been the subject of a number of research reports. Barclays increased their price target on Kimberly-Clark from $135.00 to $144.00 and gave the company an "equal weight" rating in a research note on Friday, October 11th. Royal Bank of Canada reissued an "outperform" rating and set a $165.00 price target on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft increased their price target on Kimberly-Clark from $146.00 to $147.00 and gave the company a "hold" rating in a research note on Tuesday, October 8th. UBS Group lowered their price objective on Kimberly-Clark from $153.00 to $151.00 and set a "neutral" rating for the company in a research note on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. lowered their price objective on Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating for the company in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Kimberly-Clark presently has a consensus rating of "Hold" and an average price target of $149.93.

Insider Buying and Selling at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the sale, the vice president now directly owns 5,053 shares in the company, valued at approximately $702,417.53. This represents a 37.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.62% of the stock is currently owned by insiders.

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.