Calamos Advisors LLC Has $11.74 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Calamos Advisors LLC cut its holdings in Kimberly-Clark Co. (NYSE:KMB) by 1.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 96,640 shares of the company’s stock after selling 1,262 shares during the quarter. Calamos Advisors LLC’s holdings in Kimberly-Clark were worth $11,743,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Jaffetilchin Investment Partners LLC increased its holdings in Kimberly-Clark by 1.8% during the second quarter. Jaffetilchin Investment Partners LLC now owns 4,750 shares of the company’s stock worth $656,000 after buying an additional 85 shares during the last quarter. Arcus Capital Partners LLC increased its holdings in Kimberly-Clark by 3.8% during the third quarter. Arcus Capital Partners LLC now owns 2,341 shares of the company’s stock worth $283,000 after buying an additional 86 shares during the last quarter. Emerald Advisors LLC increased its holdings in Kimberly-Clark by 4.7% during the fourth quarter. Emerald Advisors LLC now owns 2,016 shares of the company’s stock worth $245,000 after buying an additional 90 shares during the last quarter. Aaron Wealth Advisors LLC increased its holdings in Kimberly-Clark by 1.5% during the third quarter. Aaron Wealth Advisors LLC now owns 6,325 shares of the company’s stock worth $764,000 after buying an additional 91 shares during the last quarter. Finally, Connors Investor Services Inc. increased its holdings in Kimberly-Clark by 2.1% during the first quarter. Connors Investor Services Inc. now owns 4,371 shares of the company’s stock worth $538,000 after buying an additional 91 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Kimberly-Clark Stock Up 1.0 %

Shares of NYSE KMB opened at $126.83 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.54 and a debt-to-equity ratio of 6.94. The company has a market cap of $42.73 billion, a price-to-earnings ratio of 24.39, a PEG ratio of 3.74 and a beta of 0.40. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.87. The stock has a 50-day moving average price of $124.26 and a two-hundred day moving average price of $122.33.

Kimberly-Clark (NYSE:KMB) last issued its 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). The business had revenue of $5 billion for the quarter, compared to analyst estimates of $4.99 billion. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The firm’s revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.54 EPS. As a group, analysts forecast that Kimberly-Clark Co. will post 6.84 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were paid a dividend of $1.22 per share. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.18. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $4.88 annualized dividend and a yield of 3.85%. Kimberly-Clark’s payout ratio is presently 93.85%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. Piper Sandler lifted their price objective on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $123.00 price objective on shares of Kimberly-Clark in a research report on Thursday, March 28th. Barclays lifted their price objective 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, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research report on Thursday, March 28th. 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’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target 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.