Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 0.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 599,093 shares of the company's stock after selling 5,246 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.18% of Kimberly-Clark worth $78,505,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Wesbanco Bank Inc. lifted its holdings in Kimberly-Clark by 0.9% during the 3rd quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company's stock worth $1,101,000 after buying an additional 71 shares in the last quarter. My Legacy Advisors LLC lifted its holdings in Kimberly-Clark by 4.6% during the 3rd quarter. My Legacy Advisors LLC now owns 1,741 shares of the company's stock worth $248,000 after buying an additional 76 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in Kimberly-Clark by 1.5% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company's stock worth $759,000 after buying an additional 77 shares in the last quarter. Graypoint LLC lifted its holdings in Kimberly-Clark by 1.5% during the 3rd quarter. Graypoint LLC now owns 5,315 shares of the company's stock worth $756,000 after buying an additional 78 shares in the last quarter. Finally, Truvestments Capital LLC increased its position in shares of Kimberly-Clark by 2.7% in the 3rd quarter. Truvestments Capital LLC now owns 2,981 shares of the company's stock valued at $424,000 after purchasing an additional 78 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on KMB. TD Cowen lowered 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. Citigroup reduced their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a report on Wednesday, January 15th. Royal Bank of Canada restated an "outperform" rating and issued a $165.00 price objective on shares of Kimberly-Clark in a report on Friday, January 24th. JPMorgan Chase & Co. reduced their price objective on shares of Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating on the stock in a report on Thursday, January 16th. Finally, StockNews.com lowered shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Wednesday. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Kimberly-Clark currently has an average rating of "Hold" and an average price target of $143.64.

Insider Activity

In related news, VP Andrew Drexler sold 3,000 shares of the business'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 owns 5,053 shares of the company's stock, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.62% of the company's stock.

Kimberly-Clark Stock Performance

NYSE KMB traded up $1.11 during trading on Thursday, reaching $130.78. The company's stock had a trading volume of 1,871,454 shares, compared to its average volume of 2,070,503. The firm has a market cap of $43.61 billion, a price-to-earnings ratio of 16.96, a P/E/G ratio of 3.53 and a beta of 0.41. The business's fifty day moving average price is $131.50 and its 200-day moving average price is $137.36. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. As a group, analysts anticipate that Kimberly-Clark Co. will post 7.32 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently announced 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 is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.04 annualized dividend and a dividend yield of 3.85%. Kimberly-Clark's payout ratio is presently 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.