Mizuho Securities USA LLC Has $4.14 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Mizuho Securities USA LLC boosted its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 44.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,607 shares of the company's stock after purchasing an additional 9,767 shares during the period. Mizuho Securities USA LLC's holdings in Kimberly-Clark were worth $4,142,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp raised 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 valued at $2,768,367,000 after acquiring an additional 1,083,824 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $127,436,000. Sarasin & Partners LLP grew its position in Kimberly-Clark by 140.1% during the 4th quarter. Sarasin & Partners LLP now owns 988,294 shares of the company's stock worth $129,506,000 after purchasing an additional 576,610 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Kimberly-Clark by 1,427.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 589,771 shares of the company's stock valued at $77,284,000 after acquiring an additional 551,158 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Kimberly-Clark by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 10,589,967 shares of the company's stock worth $1,387,709,000 after purchasing an additional 529,223 shares during the period. 76.29% of the stock is currently owned by institutional investors and hedge funds.

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Kimberly-Clark Price Performance

Shares of KMB stock traded down $0.88 during trading hours on Tuesday, hitting $136.95. The company had a trading volume of 748,844 shares, compared to its average volume of 2,037,734. The firm's fifty day moving average is $135.09 and its 200 day moving average is $136.11. Kimberly-Clark Co. has a 12 month low of $123.84 and a 12 month high of $150.45. The firm has a market capitalization of $45.42 billion, a price-to-earnings ratio of 18.15, a PEG ratio of 4.46 and a beta of 0.36. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its earnings results on Tuesday, January 28th. The company reported $1.50 EPS 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, sell-side analysts predict that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be issued a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.68%. 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. Kimberly-Clark's payout ratio is 66.75%.

Analyst Ratings Changes

A number of research analysts recently weighed in on KMB shares. UBS Group upped their price objective on Kimberly-Clark from $132.00 to $134.00 and gave the stock a "neutral" rating in a report on Wednesday, January 29th. Barclays decreased their price objective on 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. Piper Sandler reissued an "overweight" rating and set a $158.00 price target (down previously from $161.00) on shares of Kimberly-Clark in a research note on Wednesday, January 29th. JPMorgan Chase & Co. decreased their target price on Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating for the company in a report on Thursday, January 16th. Finally, Wells Fargo & Company decreased their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. Two research 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's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $143.64.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 10,838 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the sale, the vice president now owns 7,720 shares in the company, valued at $1,088,520. The trade was a 58.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company 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.