Atria Wealth Solutions Inc. Purchases 7,363 Shares of Kimberly-Clark Co. (NYSE:KMB)

Atria Wealth Solutions Inc. increased its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 13.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,930 shares of the company's stock after buying an additional 7,363 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in Kimberly-Clark were worth $8,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of KMB. Park Avenue Securities LLC boosted its stake in shares of Kimberly-Clark by 77.4% in the 4th quarter. Park Avenue Securities LLC now owns 13,786 shares of the company's stock valued at $1,807,000 after purchasing an additional 6,016 shares in the last quarter. Pensionfund Sabic boosted its holdings in shares of Kimberly-Clark by 45.5% during the fourth quarter. Pensionfund Sabic now owns 12,800 shares of the company's stock worth $1,677,000 after purchasing an additional 4,000 shares during the period. Barclays PLC grew its stake in shares of Kimberly-Clark by 19.4% in the third quarter. Barclays PLC now owns 1,681,671 shares of the company's stock worth $239,267,000 after purchasing an additional 273,813 shares during the last quarter. Aprio Wealth Management LLC raised its position in Kimberly-Clark by 20.0% during the 4th quarter. Aprio Wealth Management LLC now owns 2,792 shares of the company's stock valued at $366,000 after purchasing an additional 466 shares during the last quarter. Finally, West Oak Capital LLC grew its position in shares of Kimberly-Clark by 20,377.6% in the 4th quarter. West Oak Capital LLC now owns 33,788 shares of the company's stock worth $4,428,000 after buying an additional 33,623 shares during the last quarter. Hedge funds and other institutional investors own 76.29% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on KMB shares. TD Cowen downgraded shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price objective on the stock. in a research report on Wednesday, January 8th. StockNews.com downgraded shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Saturday, February 15th. Citigroup lowered their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a report on Wednesday, January 15th. Wells Fargo & Company reduced their target price on Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 7th. Finally, UBS Group upped their price target on Kimberly-Clark from $132.00 to $134.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $143.64.

Kimberly-Clark Stock Up 0.9 %

Kimberly-Clark stock traded up $1.31 during mid-day trading on Friday, reaching $140.28. The stock had a trading volume of 2,316,595 shares, compared to its average volume of 2,169,741. The company has a market capitalization of $46.53 billion, a price-to-earnings ratio of 18.58, a PEG ratio of 4.42 and a beta of 0.41. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The company has a 50-day moving average price of $130.19 and a two-hundred day moving average price of $136.48. Kimberly-Clark Co. has a one year low of $118.62 and a one year high of $149.30.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its quarterly earnings results 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 return on equity of 201.43% and a net margin of 12.69%. On average, analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

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

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.