Annis Gardner Whiting Capital Advisors LLC Has $190,000 Holdings in Kimberly-Clark Co. (NYSE:KMB)

Annis Gardner Whiting Capital Advisors LLC boosted its position in Kimberly-Clark Co. (NYSE:KMB) by 8.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,440 shares of the company’s stock after purchasing an additional 108 shares during the period. Annis Gardner Whiting Capital Advisors LLC’s holdings in Kimberly-Clark were worth $190,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Kimberly-Clark in the 4th quarter worth about $25,000. Marshall Investment Management LLC bought a new stake in Kimberly-Clark in the fourth quarter worth approximately $25,000. Golden State Wealth Management LLC acquired a new position in Kimberly-Clark in the fourth quarter valued at approximately $32,000. Strategic Financial Concepts LLC bought a new position in shares of Kimberly-Clark during the 4th quarter worth approximately $33,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth approximately $33,000. Institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

KMB has been the topic of a number of research reports. UBS Group boosted their target price on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Piper Sandler reiterated an “overweight” rating and set a $158.00 price objective (down previously from $161.00) on shares of Kimberly-Clark in a report on Wednesday, January 29th. TD Cowen downgraded Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research note on Wednesday, January 8th. 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. Finally, StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $144.85.

Kimberly-Clark Trading Down 5.1 %

NYSE KMB opened at $137.76 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The business has a fifty day simple moving average of $137.64 and a 200 day simple moving average of $135.99. Kimberly-Clark Co. has a 12 month low of $123.84 and a 12 month high of $150.45. The firm has a market capitalization of $45.69 billion, a P/E ratio of 18.25, a PEG ratio of 4.46 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. On average, analysts predict that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were issued a $1.26 dividend. The ex-dividend date was Friday, March 7th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a dividend yield of 3.66%. Kimberly-Clark’s dividend payout ratio is currently 66.75%.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the company’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 owns 7,720 shares in the company, valued at $1,088,520. This represents a 58.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.64% of the stock is currently owned by company insiders.

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.