Dana Investment Advisors Inc. decreased its position in Kimberly-Clark Corporation (NASDAQ:KMB – Free Report) by 8.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 100,596 shares of the company’s stock after selling 9,381 shares during the period. Dana Investment Advisors Inc.’s holdings in Kimberly-Clark were worth $10,149,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of KMB. Cloud Capital Management LLC purchased a new stake in shares of Kimberly-Clark during the third quarter valued at $25,000. Darwin Wealth Management LLC purchased a new stake in shares of Kimberly-Clark during the second quarter valued at $27,000. Eagle Bay Advisors LLC purchased a new stake in shares of Kimberly-Clark during the fourth quarter valued at $28,000. Newbridge Financial Services Group Inc. lifted its holdings in shares of Kimberly-Clark by 96.6% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 285 shares of the company’s stock valued at $29,000 after purchasing an additional 140 shares during the last quarter. Finally, Investors Research Corp purchased a new stake in shares of Kimberly-Clark during the fourth quarter valued at $33,000. 76.29% of the stock is owned by hedge funds and other institutional investors.
Kimberly-Clark Stock Down 0.8%
NASDAQ:KMB opened at $95.91 on Friday. The firm has a market capitalization of $31.84 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 4.30 and a beta of 0.29. Kimberly-Clark Corporation has a 1-year low of $92.42 and a 1-year high of $144.30. The company has a current ratio of 0.77, a quick ratio of 0.55 and a debt-to-equity ratio of 3.38. The business’s fifty day moving average price is $98.21 and its 200 day moving average price is $102.15.
Kimberly-Clark Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 5th will be given a dividend of $1.28 per share. This represents a $5.12 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Friday, June 5th. Kimberly-Clark’s payout ratio is presently 80.38%.
Insider Buying and Selling at Kimberly-Clark
In related news, VP Andrew Scribner sold 4,095 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $98.00, for a total transaction of $401,310.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Katy Chen sold 1,596 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $95.34, for a total value of $152,162.64. Following the transaction, the insider directly owned 8,362 shares in the company, valued at $797,233.08. The trade was a 16.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 7,096 shares of company stock worth $689,687 over the last three months. 0.75% of the stock is owned by insiders.
Kimberly-Clark News Summary
Here are the key news stories impacting Kimberly-Clark this week:
- Positive Sentiment: Kimberly-Clark announced a regular quarterly dividend of $1.28 per share, payable July 2 to shareholders of record on June 5, reinforcing its appeal as a dividend income stock. Kimberly-Clark Declares Quarterly Dividend
- Positive Sentiment: Bank of America reiterated a Buy rating and set a $120 price target, saying Kimberly-Clark’s Kenvue-related deal could create long-term value despite near-term integration risks. Kimberly-Clark positioned for long-term value creation following Kenvue deal, says Bank of America
- Positive Sentiment: The company’s recent Q1 beat, ongoing dividend, and new product launch (Kleenex Snap & Go) suggest operational momentum and product innovation are still supporting the investment case. What Kimberly-Clark (KMB)’s Q1 Beat, New Kleenex Launch and Leadership Shift Means For Shareholders
- Neutral Sentiment: At the annual meeting, shareholders backed the board, executive pay, and auditor, which reduces governance uncertainty but is unlikely to be a major stock driver. Kimberly-Clark Shareholders Back Board, Pay and Auditor
- Neutral Sentiment: One article highlighted that KMB has fallen sharply over the past year and raised valuation questions, but it did not present a new catalyst beyond the existing downtrend. Has Kimberly-Clark (KMB) Fallen Too Far After Its 26.5% One-Year Share Price Decline?
- Neutral Sentiment: Jim Cramer’s comments about the Kenvue transaction were broadly upbeat, but they were opinion-based and less likely to move the stock on their own. Jim Cramer Says Kimberly-Clark and Kenvue Merger “Will Produce Tremendous Returns”
Wall Street Analyst Weigh In
KMB has been the subject of several analyst reports. Piper Sandler reduced their target price on Kimberly-Clark from $133.00 to $114.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Zacks Research downgraded Kimberly-Clark from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. UBS Group upped their target price on Kimberly-Clark from $105.00 to $106.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Barclays reduced their target price on Kimberly-Clark from $105.00 to $99.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kimberly-Clark in a report on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and a consensus target price of $114.93.
Get Our Latest Analysis on Kimberly-Clark
Kimberly-Clark Profile
Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.
Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.
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