Kimberly-Clark Co. (NYSE:KMB) Shares Purchased by Telos Capital Management Inc.

Telos Capital Management Inc. boosted its stake in Kimberly-Clark Co. (NYSE:KMB) by 17.8% in the 4th quarter, Holdings Channel reports. The firm owned 5,065 shares of the company’s stock after buying an additional 765 shares during the quarter. Telos Capital Management Inc.’s holdings in Kimberly-Clark were worth $615,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KMB. Moneta Group Investment Advisors LLC boosted its position in Kimberly-Clark by 123,302.7% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 4,430,158 shares of the company’s stock valued at $601,394,000 after buying an additional 4,426,568 shares during the last quarter. Cowa LLC purchased a new position in Kimberly-Clark in the 1st quarter valued at about $54,000. Norges Bank purchased a new position in Kimberly-Clark in the 4th quarter valued at about $441,478,000. Imprint Wealth LLC boosted its position in Kimberly-Clark by 13,781.2% in the 2nd quarter. Imprint Wealth LLC now owns 2,763,613 shares of the company’s stock valued at $276,361,000 after buying an additional 2,743,704 shares during the last quarter. Finally, FMR LLC boosted its position in Kimberly-Clark by 74.9% in the 3rd quarter. FMR LLC now owns 2,442,610 shares of the company’s stock valued at $295,189,000 after buying an additional 1,046,155 shares during the last quarter. 76.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Kimberly-Clark

In other news, Director Mark T. Smucker purchased 827 shares of the company’s stock in a transaction on Monday, January 29th. The shares were bought at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the purchase, the director now owns 827 shares of the company’s stock, valued at $100,050.46. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Mark T. Smucker acquired 827 shares of the stock in a transaction that occurred on Monday, January 29th. The shares were acquired at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the purchase, the director now directly owns 827 shares of the company’s stock, valued at $100,050.46. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $121.00, for a total transaction of $450,120.00. Following the transaction, the insider now owns 17,229 shares in the company, valued at approximately $2,084,709. The disclosure for this sale can be found here. 0.62% of the stock is owned by company insiders.

Kimberly-Clark Stock Performance

Shares of NYSE KMB opened at $125.96 on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94. The firm’s 50-day moving average price is $124.01 and its two-hundred day moving average price is $122.26. Kimberly-Clark Co. has a 52-week low of $116.32 and a 52-week high of $147.87. The stock has a market capitalization of $42.44 billion, a P/E ratio of 24.22, a P/E/G ratio of 3.73 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Wednesday, January 24th. The company reported $1.51 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.02). Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The firm had revenue of $5 billion during the quarter, compared to analyst estimates of $4.99 billion. During the same quarter in the previous year, the business posted $1.54 EPS. Kimberly-Clark’s revenue for the quarter was up .7% compared to the same quarter last year. As a group, sell-side analysts forecast that Kimberly-Clark Co. will post 6.84 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were paid a $1.22 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $4.88 annualized dividend and a dividend yield of 3.87%. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. Kimberly-Clark’s dividend payout ratio (DPR) is presently 93.85%.

Analysts Set New Price Targets

Several brokerages have recently commented on KMB. Wells Fargo & Company increased their price target on shares of Kimberly-Clark from $125.00 to $131.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 28th. Evercore ISI raised shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $133.00 to $150.00 in a research report on Thursday, March 28th. StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. Barclays increased their price target on shares of Kimberly-Clark from $124.00 to $132.00 and gave the stock an “equal weight” rating in a research report on Friday, April 12th. Finally, The Goldman Sachs Group began coverage on shares of Kimberly-Clark in a research report on Friday, March 1st. They set a “buy” rating and a $135.00 price target on the stock. Three research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $131.85.

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.