Kimberly-Clark Co. (NYSE:KMB) Shares Acquired by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. boosted its position in Kimberly-Clark Co. (NYSE:KMB) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,717 shares of the company’s stock after acquiring an additional 1,829 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Kimberly-Clark were worth $12,019,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MGO One Seven LLC lifted its stake in shares of Kimberly-Clark by 17.5% in the 4th quarter. MGO One Seven LLC now owns 15,212 shares of the company’s stock valued at $1,993,000 after purchasing an additional 2,264 shares in the last quarter. Pinebridge Investments L.P. lifted its position in Kimberly-Clark by 9.1% during the fourth quarter. Pinebridge Investments L.P. now owns 264,382 shares of the company’s stock valued at $34,645,000 after buying an additional 22,159 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Kimberly-Clark by 5.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,529,108 shares of the company’s stock worth $986,616,000 after buying an additional 417,118 shares during the period. Dark Forest Capital Management LP increased its position in shares of Kimberly-Clark by 378.6% in the fourth quarter. Dark Forest Capital Management LP now owns 23,232 shares of the company’s stock worth $3,044,000 after acquiring an additional 18,378 shares in the last quarter. Finally, Hsbc Holdings PLC increased its position in shares of Kimberly-Clark by 11.3% in the fourth quarter. Hsbc Holdings PLC now owns 1,335,185 shares of the company’s stock worth $174,799,000 after acquiring an additional 135,487 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Piper Sandler decreased their price target on shares of Kimberly-Clark from $158.00 to $156.00 and set an “overweight” rating for the company in a research report on Wednesday. TD Cowen lowered Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research note on Wednesday, January 8th. Evercore ISI reduced their price target on Kimberly-Clark from $168.00 to $155.00 and set an “outperform” rating on the stock in a research report on Wednesday. StockNews.com cut Kimberly-Clark from a “buy” rating to a “hold” rating in a report on Thursday. Finally, Barclays dropped their price objective on shares of Kimberly-Clark from $139.00 to $135.00 and set an “equal weight” rating on the stock in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $145.08.

Kimberly-Clark Price Performance

Shares of KMB stock opened at $132.30 on Friday. The firm has a fifty day moving average of $139.70 and a two-hundred day moving average of $135.61. The firm has a market cap of $43.88 billion, a P/E ratio of 17.52, a P/E/G ratio of 4.46 and a beta of 0.37. Kimberly-Clark Co. has a 1-year low of $124.10 and a 1-year high of $150.45. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.04. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. The firm had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same period in the previous year, the company earned $2.01 earnings per share. As a group, research analysts anticipate that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 7th were paid a dividend of $1.26 per share. The ex-dividend date was Friday, March 7th. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a yield of 3.81%. Kimberly-Clark’s dividend payout ratio (DPR) is 68.66%.

Insiders Place Their Bets

In other news, VP Andrew Drexler sold 10,838 shares of the 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 sale, the vice president now directly owns 7,720 shares in the company, valued at approximately $1,088,520. This represents a 58.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.64% of the stock is currently owned by corporate insiders.

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.