CFS Investment Advisory Services LLC Buys 287 Shares of Kimberly-Clark Co. (NYSE:KMB)

CFS Investment Advisory Services LLC increased its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 4.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,486 shares of the company’s stock after acquiring an additional 287 shares during the period. CFS Investment Advisory Services LLC’s holdings in Kimberly-Clark were worth $850,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Grimes & Company Inc. raised its stake in shares of Kimberly-Clark by 2.5% during the 4th quarter. Grimes & Company Inc. now owns 140,541 shares of the company’s stock worth $18,417,000 after purchasing an additional 3,483 shares in the last quarter. Cyndeo Wealth Partners LLC increased its holdings in Kimberly-Clark by 2.2% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 5,413 shares of the company’s stock worth $709,000 after buying an additional 116 shares during the last quarter. apricus wealth LLC raised its position in Kimberly-Clark by 9.4% during the fourth quarter. apricus wealth LLC now owns 6,996 shares of the company’s stock worth $917,000 after acquiring an additional 600 shares in the last quarter. Impact Partnership Wealth LLC lifted its stake in Kimberly-Clark by 8.0% in the fourth quarter. Impact Partnership Wealth LLC now owns 5,899 shares of the company’s stock valued at $773,000 after acquiring an additional 437 shares during the last quarter. Finally, Southland Equity Partners LLC grew its position in shares of Kimberly-Clark by 15.0% in the 4th quarter. Southland Equity Partners LLC now owns 7,809 shares of the company’s stock valued at $1,023,000 after acquiring an additional 1,016 shares during the period. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction 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 $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark Stock Up 1.1 %

Shares of KMB opened at $128.40 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The firm’s 50 day moving average is $131.85 and its 200-day moving average is $137.60. The stock has a market capitalization of $42.82 billion, a PE ratio of 16.65, a P/E/G ratio of 3.53 and a beta of 0.41.

Kimberly-Clark Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were issued a $1.22 dividend. The ex-dividend date was Friday, December 6th. This represents a $4.88 annualized dividend and a yield of 3.80%. Kimberly-Clark’s dividend payout ratio is presently 63.29%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company cut their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Royal Bank of Canada reissued an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a report on Friday. Piper Sandler cut their price target on Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Citigroup decreased their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a report on Wednesday, January 15th. Finally, UBS Group cut their target price on shares of Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and a consensus target price of $143.71.

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.