MassMutual Private Wealth & Trust FSB Grows Position in Kimberly-Clark Co. (NYSE:KMB)

MassMutual Private Wealth & Trust FSB raised its position in Kimberly-Clark Co. (NYSE:KMB) by 5.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,727 shares of the company’s stock after acquiring an additional 96 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Kimberly-Clark were worth $226,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans increased its holdings in Kimberly-Clark by 4.1% in the second quarter. Thrivent Financial for Lutherans now owns 29,018 shares of the company’s stock valued at $4,010,000 after buying an additional 1,155 shares during the last quarter. Frank Rimerman Advisors LLC increased its holdings in shares of Kimberly-Clark by 12,203.4% in the 2nd quarter. Frank Rimerman Advisors LLC now owns 3,568 shares of the company’s stock valued at $493,000 after acquiring an additional 3,539 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Kimberly-Clark by 30.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,565 shares of the company’s stock worth $346,000 after acquiring an additional 594 shares in the last quarter. Public Sector Pension Investment Board lifted its stake in Kimberly-Clark by 72.5% during the second quarter. Public Sector Pension Investment Board now owns 12,928 shares of the company’s stock worth $1,787,000 after purchasing an additional 5,434 shares during the last quarter. Finally, Evergreen Capital Management LLC boosted its holdings in Kimberly-Clark by 11.9% in the second quarter. Evergreen Capital Management LLC now owns 4,741 shares of the company’s stock valued at $661,000 after purchasing an additional 506 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Stock Down 0.3 %

Shares of Kimberly-Clark stock opened at $126.12 on Thursday. Kimberly-Clark Co. has a one year low of $117.67 and a one year high of $149.30. The company has a market cap of $42.06 billion, a P/E ratio of 16.36, a PEG ratio of 3.56 and a beta of 0.41. 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 firm has a fifty day moving average of $132.17 and a two-hundred day moving average of $137.83.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The firm had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $5.06 billion. During the same quarter last year, the firm earned $1.74 earnings per share. The firm’s revenue was down 3.5% compared to the same quarter last year. On average, analysts forecast that Kimberly-Clark Co. will post 7.32 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were paid a $1.22 dividend. The ex-dividend date was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.87%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 63.29%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. UBS Group reduced their price objective on shares of Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. TD Cowen cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target for the company. in a research report on Wednesday, January 8th. Piper Sandler decreased their price objective on shares of Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft lifted their target price on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. decreased their target price on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and an average target price of $143.71.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was 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 of the company’s stock, valued at approximately $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.62% 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.