Hussman Strategic Advisors Inc. Lowers Stake in Kimberly-Clark Co. (NYSE:KMB)

Hussman Strategic Advisors Inc. cut its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 25.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,600 shares of the company's stock after selling 4,200 shares during the quarter. Hussman Strategic Advisors Inc.'s holdings in Kimberly-Clark were worth $1,651,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in KMB. Advyzon Investment Management LLC bought a new position in Kimberly-Clark in the fourth quarter worth about $269,000. Handelsbanken Fonder AB raised its stake in shares of Kimberly-Clark by 12.1% during the 4th quarter. Handelsbanken Fonder AB now owns 153,501 shares of the company's stock worth $20,115,000 after acquiring an additional 16,515 shares in the last quarter. Corps Capital Advisors LLC purchased a new stake in Kimberly-Clark during the fourth quarter valued at approximately $655,000. Emerald Advisors LLC boosted its stake in Kimberly-Clark by 5.2% in the fourth quarter. Emerald Advisors LLC now owns 2,694 shares of the company's stock valued at $353,000 after acquiring an additional 133 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in Kimberly-Clark by 1.2% in the fourth quarter. Private Advisor Group LLC now owns 37,632 shares of the company's stock worth $4,931,000 after purchasing an additional 457 shares during the last quarter. 76.29% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on KMB. Royal Bank of Canada reiterated an "outperform" rating and set a $165.00 price objective on shares of Kimberly-Clark in a report on Friday, January 24th. StockNews.com cut Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Saturday, February 15th. Piper Sandler reissued an "overweight" rating and issued a $158.00 price target (down previously from $161.00) on shares of Kimberly-Clark in a report on Wednesday, January 29th. 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 report on Wednesday, January 8th. Finally, Citigroup lowered their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a research note on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $143.64.

Kimberly-Clark Stock Performance

Shares of NYSE:KMB traded up $1.31 during midday trading on Friday, reaching $140.28. The company's stock had a trading volume of 2,316,595 shares, compared to its average volume of 2,169,741. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The stock has a fifty day moving average of $130.19 and a 200 day moving average of $136.48. Kimberly-Clark Co. has a twelve month low of $118.62 and a twelve month high of $149.30. The firm has a market capitalization of $46.53 billion, a PE ratio of 18.58, a P/E/G ratio of 4.42 and a beta of 0.41.

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 for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. On average, equities 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. Shareholders of record on Friday, March 7th will be issued a $1.26 dividend. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a yield of 3.59%. Kimberly-Clark's payout ratio is presently 64.64%.

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.