Kimberly-Clark Co. (NYSE:KMB) Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. lifted its stake in Kimberly-Clark Co. (NYSE:KMB) by 52.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 182,006 shares of the company’s stock after purchasing an additional 62,732 shares during the quarter. Russell Investments Group Ltd.’s holdings in Kimberly-Clark were worth $22,088,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC lifted its holdings in shares of Kimberly-Clark by 204.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock worth $2,500,000 after acquiring an additional 13,806 shares during the last quarter. PFG Investments LLC lifted its holdings in Kimberly-Clark by 11.2% during the 3rd quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock worth $252,000 after buying an additional 209 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in Kimberly-Clark during the 4th quarter worth approximately $4,253,000. Rockline Wealth Management LLC acquired a new stake in Kimberly-Clark during the 4th quarter worth approximately $1,661,000. Finally, Nordea Investment Management AB lifted its holdings in Kimberly-Clark by 28.3% during the 4th quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock worth $202,740,000 after buying an additional 368,505 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now directly owns 795 shares of the company’s stock, valued at approximately $109,050.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Kimberly-Clark news, insider Doug Cunningham sold 1,040 shares of the firm’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $136.86, for a total transaction of $142,334.40. Following the transaction, the insider now directly owns 3,833 shares of the company’s stock, valued at approximately $524,584.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now directly owns 795 shares in the company, valued at $109,050.15. The disclosure for this sale can be found here. Insiders have sold 18,062 shares of company stock valued at $2,466,270 in the last ninety days. Insiders own 0.62% of the company’s stock.

Wall Street Analyst Weigh In

KMB has been the topic of a number of research reports. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. Bank of America increased their target price on shares of Kimberly-Clark from $110.00 to $115.00 and gave the stock an “underperform” rating in a report on Wednesday, April 24th. HSBC increased their target price on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. Piper Sandler increased their price objective on shares of Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. Finally, Evercore ISI raised shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $133.00 to $150.00 in a research report on Thursday, March 28th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $134.85.

Kimberly-Clark Trading Down 0.0 %

NYSE KMB opened at $136.47 on Thursday. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54. The firm’s fifty day moving average price is $126.88 and its 200 day moving average price is $123.24. The company has a market capitalization of $45.95 billion, a price-to-earnings ratio of 25.09, a price-to-earnings-growth ratio of 3.89 and a beta of 0.38. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.02.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. The firm had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.08 billion. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The company’s revenue was down .9% on a year-over-year basis. During the same period last year, the firm posted $1.67 EPS. On average, sell-side analysts expect that Kimberly-Clark Co. will post 7 earnings per share for the current fiscal year.

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.