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

Calamos Advisors LLC trimmed its holdings in Kimberly-Clark Co. (NYSE:KMB) by 1.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,640 shares of the company’s stock after selling 1,262 shares during the period. Calamos Advisors LLC’s holdings in Kimberly-Clark were worth $11,743,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in KMB. Fairfield Bush & CO. bought a new stake in Kimberly-Clark in the first quarter worth approximately $96,000. Sei Investments Co. grew its position in Kimberly-Clark by 22.2% in the first quarter. Sei Investments Co. now owns 190,867 shares of the company’s stock worth $23,483,000 after acquiring an additional 34,646 shares in the last quarter. Baird Financial Group Inc. grew its position in Kimberly-Clark by 2.8% in the first quarter. Baird Financial Group Inc. now owns 292,834 shares of the company’s stock worth $36,066,000 after acquiring an additional 7,878 shares in the last quarter. Merit Financial Group LLC grew its position in Kimberly-Clark by 23.9% in the first quarter. Merit Financial Group LLC now owns 4,102 shares of the company’s stock worth $505,000 after acquiring an additional 791 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in Kimberly-Clark by 28.7% in the first quarter. NewEdge Advisors LLC now owns 20,180 shares of the company’s stock worth $2,485,000 after acquiring an additional 4,503 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a report on Thursday, March 28th. HSBC upped their price objective on shares of Kimberly-Clark from $134.00 to $146.00 and gave the stock a “hold” rating in a report on Thursday, March 28th. Piper Sandler upped their price objective on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. The Goldman Sachs Group assumed coverage on shares of Kimberly-Clark in a report on Friday, March 1st. They set a “buy” rating and a $135.00 price objective for the company. Finally, Wells Fargo & Company upped their price objective on shares of Kimberly-Clark from $125.00 to $131.00 and gave the stock an “equal weight” rating in a 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. According to MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and an average target price of $131.85.

Kimberly-Clark Trading Up 1.0 %

Shares of KMB stock opened at $126.83 on Friday. Kimberly-Clark Co. has a 52-week low of $116.32 and a 52-week high of $147.87. The stock has a market cap of $42.73 billion, a price-to-earnings ratio of 24.39, a P/E/G ratio of 3.74 and a beta of 0.40. The company has a debt-to-equity ratio of 6.94, a quick ratio of 0.54 and a current ratio of 0.82. The firm has a fifty day moving average of $124.26 and a 200-day moving average of $122.33.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The business had revenue of $5 billion during the quarter, compared to analyst estimates of $4.99 billion. During the same quarter in the prior year, the company posted $1.54 EPS. The company’s quarterly revenue was up .7% compared to the same quarter last year. On average, equities research 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 disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th were paid a $1.22 dividend. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.18. The ex-dividend date was Thursday, March 7th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.85%. Kimberly-Clark’s dividend payout ratio is currently 93.85%.

Insider Activity

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

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.