Aware Super Pty Ltd as trustee of Aware Super Makes New Investment in Kimberly-Clark Co. (NYSE:KMB)

Aware Super Pty Ltd as trustee of Aware Super bought a new stake in Kimberly-Clark Co. (NYSE:KMB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 20,904 shares of the company’s stock, valued at approximately $2,739,000.

Other hedge funds have also made changes to their positions in the company. Canada Post Corp Registered Pension Plan acquired a new stake in Kimberly-Clark during the fourth quarter worth $704,000. Promethos Capital LLC purchased a new position in shares of Kimberly-Clark during the 4th quarter worth $3,530,000. Strategies Wealth Advisors LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth about $280,000. Mariner LLC increased its position in shares of Kimberly-Clark by 5.4% during the 4th quarter. Mariner LLC now owns 149,525 shares of the company’s stock worth $19,593,000 after purchasing an additional 7,637 shares during the last quarter. Finally, SageView Advisory Group LLC raised its holdings in Kimberly-Clark by 4.5% in the 4th quarter. SageView Advisory Group LLC now owns 1,706 shares of the company’s stock valued at $224,000 after buying an additional 74 shares during the period. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an “underweight” rating in a research report on Friday. Citigroup dropped their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday, January 15th. UBS Group upped their price target on Kimberly-Clark from $132.00 to $134.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. TD Cowen cut 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. Finally, Barclays increased their target price on Kimberly-Clark from $138.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 27th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $145.38.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the sale, the vice president now owns 7,720 shares in the company, valued at approximately $1,088,520. The trade was a 58.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.64% of the company’s stock.

Kimberly-Clark Stock Performance

NYSE:KMB opened at $142.70 on Tuesday. The firm has a market capitalization of $47.33 billion, a PE ratio of 18.90, a price-to-earnings-growth ratio of 4.46 and a beta of 0.37. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The business’s fifty day moving average price is $138.67 and its 200 day moving average price is $135.68. Kimberly-Clark Co. has a 12 month low of $124.10 and a 12 month high of $150.45.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. On average, sell-side 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. Shareholders of record on Friday, March 7th were issued a dividend of $1.26 per share. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend was Friday, March 7th. This represents a $5.04 annualized dividend and a dividend yield of 3.53%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 66.75%.

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.