UniSuper Management Pty Ltd Has $18.75 Million Stake in Kimberly-Clark Co. (NYSE:KMB)

UniSuper Management Pty Ltd lifted its stake in Kimberly-Clark Co. (NYSE:KMB) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 143,097 shares of the company’s stock after buying an additional 7,038 shares during the period. UniSuper Management Pty Ltd’s holdings in Kimberly-Clark were worth $18,751,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Confluence Wealth Services Inc. increased its holdings in Kimberly-Clark by 5.1% in the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company’s stock valued at $208,000 after buying an additional 80 shares during the period. YHB Investment Advisors Inc. increased its stake in Kimberly-Clark by 3.4% in the fourth quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company’s stock valued at $330,000 after acquiring an additional 83 shares during the last quarter. Ascent Wealth Partners LLC increased its stake in Kimberly-Clark by 1.0% in the fourth quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company’s stock valued at $1,221,000 after acquiring an additional 90 shares during the last quarter. Avestar Capital LLC raised its position in Kimberly-Clark by 5.1% during the third quarter. Avestar Capital LLC now owns 1,953 shares of the company’s stock valued at $278,000 after purchasing an additional 95 shares in the last quarter. Finally, Silver Lake Advisory LLC lifted its stake in Kimberly-Clark by 0.8% during the fourth quarter. Silver Lake Advisory LLC now owns 11,896 shares of the company’s stock worth $1,559,000 after purchasing an additional 95 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Barclays lifted their price target on Kimberly-Clark from $138.00 to $144.00 and gave the company an “equal weight” rating in a research note on Thursday. Piper Sandler reiterated an “overweight” rating and issued a $158.00 target price (down previously from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. UBS Group increased their target price on shares of Kimberly-Clark from $132.00 to $134.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. decreased their price target 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, TD Cowen cut 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 report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and a consensus target price of $144.50.

Kimberly-Clark Price Performance

Shares of NYSE:KMB opened at $140.55 on Friday. The firm has a market cap of $46.61 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 4.46 and a beta of 0.36. Kimberly-Clark Co. has a 52 week low of $123.84 and a 52 week high of $150.45. The firm’s fifty day moving average is $135.86 and its 200-day moving average is $136.09. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. Sell-side analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be issued a $1.26 dividend. The ex-dividend date is 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 3.59%. Kimberly-Clark’s dividend payout ratio is presently 66.75%.

Insiders Place Their Bets

In other news, VP Andrew Drexler sold 10,838 shares of the company’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the sale, the vice president now directly owns 7,720 shares of the company’s stock, valued at approximately $1,088,520. This represents a 58.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.64% of the company’s stock.

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.