denkapparat Operations GmbH Invests $515,000 in Kimberly-Clark Co. (NYSE:KMB)

denkapparat Operations GmbH acquired a new position in Kimberly-Clark Co. (NYSE:KMB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,928 shares of the company’s stock, valued at approximately $515,000.

A number of other institutional investors also recently bought and sold shares of the stock. Confluence Wealth Services Inc. increased its position in Kimberly-Clark by 5.1% in the fourth quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company’s stock worth $208,000 after buying an additional 80 shares in the last quarter. YHB Investment Advisors Inc. grew its stake 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 valued at $330,000 after acquiring an additional 83 shares during the period. Ascent Wealth Partners LLC increased its holdings in Kimberly-Clark by 1.0% in the 4th quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company’s stock worth $1,221,000 after acquiring an additional 90 shares in the last quarter. Avestar Capital LLC lifted its holdings 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 boosted its position in shares of Kimberly-Clark by 0.8% in 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 period. 76.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

KMB has been the subject of several recent analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a report on Friday, January 24th. JPMorgan Chase & Co. reduced their price objective on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. Barclays upped their target price on shares of Kimberly-Clark from $138.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Thursday. Piper Sandler reiterated an “overweight” rating and issued a $158.00 price target (down previously from $161.00) on shares of Kimberly-Clark in a research note on Wednesday, January 29th. Finally, TD Cowen cut Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $144.50.

Kimberly-Clark Trading Up 0.7 %

KMB opened at $140.55 on Friday. Kimberly-Clark Co. has a 52 week low of $123.84 and a 52 week high of $150.45. The company has a market capitalization of $46.61 billion, a P/E ratio of 18.62, a PEG ratio of 4.46 and a beta of 0.36. The stock’s fifty day moving average is $135.86 and its two-hundred day moving average is $136.09. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Analysts forecast that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be paid a $1.26 dividend. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.04 dividend on an annualized basis and a yield of 3.59%. Kimberly-Clark’s payout ratio is 66.75%.

Insiders Place Their Bets

In other news, VP Andrew Drexler sold 10,838 shares of the business’s stock in a transaction 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 transaction, the vice president now directly owns 7,720 shares of the company’s stock, valued at approximately $1,088,520. The trade was a 58.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.64% of the stock is owned by company insiders.

About Kimberly-Clark

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.