Kimberly-Clark Co. (NYSE:KMB) Stock Holdings Trimmed by Natixis

Natixis cut its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 84.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,093 shares of the company's stock after selling 86,674 shares during the period. Natixis' holdings in Kimberly-Clark were worth $2,109,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Barclays PLC increased its holdings in Kimberly-Clark by 19.4% during the 3rd 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 period. Passumpsic Savings Bank acquired a new stake in Kimberly-Clark in the third quarter valued at approximately $212,000. Chelsea Counsel Co. lifted its stake in Kimberly-Clark by 2.4% in the third quarter. Chelsea Counsel Co. now owns 12,870 shares of the company's stock worth $1,847,000 after acquiring an additional 300 shares during the last quarter. Tudor Financial Inc. acquired a new position in Kimberly-Clark during the 3rd quarter worth approximately $280,000. Finally, World Investment Advisors LLC raised its holdings in shares of Kimberly-Clark by 50.4% in the 3rd quarter. World Investment Advisors LLC now owns 4,920 shares of the company's stock valued at $700,000 after purchasing an additional 1,648 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

Kimberly-Clark Stock Performance

NYSE:KMB traded down $0.76 during midday trading on Friday, reaching $131.58. The stock had a trading volume of 2,626,982 shares, compared to its average volume of 2,128,555. The stock has a market cap of $43.64 billion, a P/E ratio of 17.43, a P/E/G ratio of 4.46 and a beta of 0.37. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. Kimberly-Clark Co. has a 12-month low of $124.10 and a 12-month high of $150.45. The firm has a fifty day simple moving average of $139.62 and a two-hundred day simple moving average of $135.54.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.89 by $0.04. The business had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same period in the previous year, the business posted $2.01 earnings per share. On average, equities analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were issued a $1.26 dividend. This is a boost from Kimberly-Clark's previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a dividend yield of 3.83%. The ex-dividend date of this dividend was Friday, March 7th. Kimberly-Clark's dividend payout ratio (DPR) is currently 68.66%.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the firm's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the sale, the vice president now owns 7,720 shares of the company's stock, valued at approximately $1,088,520. This trade represents a 58.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.64% of the company's stock.

Analyst Ratings Changes

KMB has been the subject of a number of recent analyst reports. Piper Sandler decreased their price target on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a report on Wednesday. StockNews.com cut Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Thursday. Royal Bank of Canada dropped their price target on shares of Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a research note on Wednesday. TD Cowen downgraded shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price objective for the company. in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company increased their target price on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a research report on Friday, March 28th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $145.08.

About Kimberly-Clark

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.