Cyndeo Wealth Partners LLC Has $709,000 Holdings in Kimberly-Clark Co. (NYSE:KMB)

Cyndeo Wealth Partners LLC increased its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,413 shares of the company’s stock after acquiring an additional 116 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Kimberly-Clark were worth $709,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. apricus wealth LLC raised its holdings in shares of Kimberly-Clark by 9.4% in the fourth quarter. apricus wealth LLC now owns 6,996 shares of the company’s stock valued at $917,000 after purchasing an additional 600 shares during the last quarter. Impact Partnership Wealth LLC increased its holdings in Kimberly-Clark by 8.0% during the fourth quarter. Impact Partnership Wealth LLC now owns 5,899 shares of the company’s stock worth $773,000 after buying an additional 437 shares during the last quarter. Southland Equity Partners LLC increased its holdings in Kimberly-Clark by 15.0% during the fourth quarter. Southland Equity Partners LLC now owns 7,809 shares of the company’s stock worth $1,023,000 after buying an additional 1,016 shares during the last quarter. Silver Lake Advisory LLC increased its holdings in Kimberly-Clark by 0.8% during the fourth quarter. Silver Lake Advisory LLC now owns 11,896 shares of the company’s stock worth $1,559,000 after buying an additional 95 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. increased its stake in shares of Kimberly-Clark by 131.4% in the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 6,956 shares of the company’s stock worth $911,000 after purchasing an additional 3,950 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the sale, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.62% of the stock is currently owned by corporate insiders.

Kimberly-Clark Stock Up 1.1 %

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

Kimberly-Clark Announces Dividend

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

Analysts Set New Price Targets

KMB has been the subject of a number of analyst reports. Barclays cut their price objective on shares of Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research report on Tuesday, October 8th. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective for the company. in a report on Wednesday, January 8th. Royal Bank of Canada restated an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a report on Friday. Finally, JPMorgan Chase & Co. decreased their target price on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $143.71.

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.