R Squared Ltd Acquires Shares of 3,760 Kimberly-Clark Co. (NYSE:KMB)

R Squared Ltd bought a new position in shares of Kimberly-Clark Co. (NYSE:KMB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,760 shares of the company’s stock, valued at approximately $493,000. Kimberly-Clark accounts for approximately 0.5% of R Squared Ltd’s portfolio, making the stock its 26th biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Williams & Novak LLC bought a new position in Kimberly-Clark in the fourth quarter worth approximately $240,000. YHB Investment Advisors Inc. grew its position in shares of Kimberly-Clark by 3.4% during the 4th quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company’s stock worth $330,000 after buying an additional 83 shares in the last quarter. IRON Financial LLC increased its stake in shares of Kimberly-Clark by 2.7% during the fourth quarter. IRON Financial LLC now owns 5,788 shares of the company’s stock valued at $758,000 after buying an additional 151 shares during the period. Baldwin Wealth Partners LLC MA raised its holdings in shares of Kimberly-Clark by 4.4% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 5,429 shares of the company’s stock valued at $711,000 after acquiring an additional 227 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its stake in Kimberly-Clark by 4.4% in the fourth quarter. Foundations Investment Advisors LLC now owns 7,977 shares of the company’s stock worth $1,045,000 after acquiring an additional 334 shares during the period. Institutional investors own 76.29% of the company’s stock.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the sale, the vice president now owns 5,053 shares in the company, valued at approximately $702,417.53. This represents a 37.25 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.62% of the stock is owned by corporate insiders.

Kimberly-Clark Stock Performance

NYSE:KMB opened at $129.49 on Wednesday. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The stock has a market capitalization of $43.18 billion, a PE ratio of 16.80, a P/E/G ratio of 3.53 and a beta of 0.41. Kimberly-Clark Co. has a fifty-two week low of $117.67 and a fifty-two week high of $149.30. The company has a fifty day moving average of $131.75 and a two-hundred day moving average of $137.49.

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

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be paid a $1.26 dividend. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.89%. Kimberly-Clark’s payout ratio is currently 63.29%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on KMB. Wells Fargo & Company reduced their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. 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 note on Wednesday, January 8th. Piper Sandler dropped their target price on Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Barclays reduced their price target on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. Finally, Citigroup decreased their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research report on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $143.71.

Kimberly-Clark 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.