Pollock Investment Advisors LLC Invests $359,000 in Kimberly-Clark Co. (NYSE:KMB)

Pollock Investment Advisors LLC bought a new stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,736 shares of the company's stock, valued at approximately $359,000.

Other large investors have also recently made changes to their positions in the company. Aptus Capital Advisors LLC boosted its holdings in shares of Kimberly-Clark by 23.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 3,304 shares of the company's stock valued at $470,000 after buying an additional 634 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its holdings in Kimberly-Clark by 4.6% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 9,691 shares of the company's stock worth $1,379,000 after purchasing an additional 422 shares during the last quarter. Empirical Finance LLC increased its position in shares of Kimberly-Clark by 2.3% during the third quarter. Empirical Finance LLC now owns 11,690 shares of the company's stock worth $1,663,000 after purchasing an additional 259 shares in the last quarter. Empowered Funds LLC grew its stake in Kimberly-Clark by 40.2% during the 3rd quarter. Empowered Funds LLC now owns 54,019 shares of the company's stock worth $7,686,000 after buying an additional 15,482 shares during the last quarter. Finally, Mizuho Securities USA LLC increased its position in Kimberly-Clark by 68.4% during the 3rd quarter. Mizuho Securities USA LLC now owns 43,713 shares of the company's stock valued at $6,219,000 after buying an additional 17,749 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

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Insider Buying and Selling

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 value of $1,528,158.00. Following the completion of the sale, the vice president now directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.64% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on KMB shares. Piper Sandler restated 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. Citigroup cut 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 note on Wednesday, January 15th. Wells Fargo & Company dropped their price objective 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 downgraded Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 target price on the stock. in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $165.00 price target on shares of Kimberly-Clark in a research note on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $143.64.

Kimberly-Clark Stock Performance

Kimberly-Clark stock traded down $0.60 during mid-day trading on Thursday, hitting $139.05. The company had a trading volume of 1,665,389 shares, compared to its average volume of 2,016,011. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The company has a market capitalization of $46.12 billion, a price-to-earnings ratio of 18.42, a P/E/G ratio of 4.46 and a beta of 0.36. The company's fifty day moving average is $134.31 and its 200-day moving average is $136.37. Kimberly-Clark Co. has a 12-month low of $123.02 and a 12-month high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Equities research analysts predict 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 will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be paid a $1.26 dividend. This represents a $5.04 annualized dividend and a dividend yield of 3.62%. The ex-dividend date is Friday, March 7th. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.22. Kimberly-Clark's payout ratio is currently 66.75%.

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.