Liberty One Investment Management LLC Has $27.88 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Liberty One Investment Management LLC increased its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 2.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 212,733 shares of the company's stock after purchasing an additional 5,540 shares during the quarter. Kimberly-Clark accounts for about 3.0% of Liberty One Investment Management LLC's investment portfolio, making the stock its 11th largest holding. Liberty One Investment Management LLC owned about 0.06% of Kimberly-Clark worth $27,876,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Edgestream Partners L.P. bought a new stake in shares of Kimberly-Clark in the 2nd quarter worth approximately $731,000. Brighton Jones LLC raised its holdings in shares of Kimberly-Clark by 16.4% during the second quarter. Brighton Jones LLC now owns 6,515 shares of the company's stock valued at $900,000 after buying an additional 917 shares during the last quarter. Ieq Capital LLC grew its holdings in Kimberly-Clark by 23.6% in the 2nd quarter. Ieq Capital LLC now owns 19,212 shares of the company's stock worth $2,655,000 after buying an additional 3,669 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Kimberly-Clark by 4.1% during the second quarter. Thrivent Financial for Lutherans now owns 29,018 shares of the company's stock valued at $4,010,000 after purchasing an additional 1,155 shares during the period. Finally, Summit Trail Advisors LLC grew its position in Kimberly-Clark by 12.8% in the 2nd quarter. Summit Trail Advisors LLC now owns 5,929 shares of the company's stock valued at $827,000 after buying an additional 673 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

Insiders Place Their Bets

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the company's stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the sale, the vice president now directly owns 5,053 shares of the company's stock, valued at approximately $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.62% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on KMB. Citigroup decreased their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a research report on Wednesday. Wells Fargo & Company cut their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 7th. TD Cowen cut 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. UBS Group reduced their target price on Kimberly-Clark from $151.00 to $132.00 and set a "neutral" rating for the company in a report on Thursday. Finally, Piper Sandler lowered their price target on Kimberly-Clark from $175.00 to $161.00 and set an "overweight" rating on the stock in a report on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $143.71.

Kimberly-Clark Stock Performance

Shares of KMB traded up $0.68 on Friday, reaching $127.33. 2,056,622 shares of the stock traded hands, compared to its average volume of 1,808,543. The firm has a market cap of $42.46 billion, a price-to-earnings ratio of 16.51, a P/E/G ratio of 2.69 and a beta of 0.41. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The stock's 50-day moving average price is $132.41 and its 200-day moving average price is $137.98. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company had revenue of $4.95 billion during the quarter, compared to analysts' expectations of $5.06 billion. During the same quarter in the prior year, the company posted $1.74 EPS. The business's revenue was down 3.5% on a year-over-year basis. Equities analysts forecast that Kimberly-Clark Co. will post 7.31 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark's dividend payout ratio (DPR) is 63.29%.

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.