Arnhold LLC bought a new stake in shares of Kimberly-Clark (NYSE:KMB) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 35,100 shares of the company’s stock, valued at approximately $3,866,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KMB. CNB Bank purchased a new stake in Kimberly-Clark during the 4th quarter valued at $105,000. Centerpoint Advisors LLC raised its holdings in Kimberly-Clark by 999.0% during the 1st quarter. Centerpoint Advisors LLC now owns 1,099 shares of the company’s stock valued at $121,000 after buying an additional 999 shares during the period. Truewealth LLC purchased a new stake in Kimberly-Clark during the 4th quarter valued at $123,000. Lee Financial Co raised its holdings in Kimberly-Clark by 313.8% during the 1st quarter. Lee Financial Co now owns 1,167 shares of the company’s stock valued at $128,000 after buying an additional 885 shares during the period. Finally, Stelac Advisory Services LLC purchased a new stake in Kimberly-Clark during the 1st quarter valued at $152,000. Hedge funds and other institutional investors own 73.54% of the company’s stock.

In other news, SVP Jeffrey P. Melucci sold 330 shares of the stock in a transaction on Tuesday, May 29th. The stock was sold at an average price of $105.97, for a total transaction of $34,970.10. Following the transaction, the senior vice president now owns 5,132 shares of the company’s stock, valued at approximately $543,838.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Sandra Macquillan sold 3,045 shares of the stock in a transaction on Tuesday, May 22nd. The stock was sold at an average price of $105.63, for a total value of $321,643.35. Following the transaction, the senior vice president now directly owns 5,642 shares in the company, valued at approximately $595,964.46. The disclosure for this sale can be found here. Company insiders own 0.64% of the company’s stock.

KMB stock opened at $100.85 on Friday. The company has a debt-to-equity ratio of 10.96, a quick ratio of 0.54 and a current ratio of 0.80. Kimberly-Clark has a twelve month low of $97.10 and a twelve month high of $134.29. The firm has a market capitalization of $36.62 billion, a price-to-earnings ratio of 16.19, a price-to-earnings-growth ratio of 2.12 and a beta of 0.66.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Monday, April 23rd. The company reported $1.71 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.71. Kimberly-Clark had a return on equity of 398.41% and a net margin of 9.77%. The business had revenue of $4.73 billion for the quarter, compared to analyst estimates of $4.60 billion. During the same quarter last year, the firm posted $1.57 earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. sell-side analysts predict that Kimberly-Clark will post 6.94 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 3rd. Shareholders of record on Friday, June 8th will be paid a $1.00 dividend. The ex-dividend date is Thursday, June 7th. This represents a $4.00 dividend on an annualized basis and a yield of 3.97%. Kimberly-Clark’s payout ratio is 64.21%.

Several analysts recently weighed in on KMB shares. Zacks Investment Research upgraded Kimberly-Clark from a “hold” rating to a “buy” rating and set a $121.00 price target on the stock in a report on Wednesday, April 11th. JPMorgan Chase & Co. decreased their price target on Kimberly-Clark from $104.00 to $86.00 and set an “underweight” rating on the stock in a report on Tuesday, April 24th. Citigroup set a $94.00 price target on Kimberly-Clark and gave the company a “sell” rating in a report on Tuesday, April 24th. Wells Fargo & Co decreased their price target on Kimberly-Clark from $117.00 to $108.00 and set a “market perform” rating on the stock in a report on Thursday, April 19th. Finally, Barclays set a $119.00 price target on Kimberly-Clark and gave the company a “hold” rating in a report on Thursday, March 15th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $119.33.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.

Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimberly-Clark (NYSE:KMB).

Institutional Ownership by Quarter for Kimberly-Clark (NYSE:KMB)

Receive News & Ratings for Kimberly-Clark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark and related companies with MarketBeat.com's FREE daily email newsletter.