Kimberly-Clark Co. (NYSE:KMB) Stock Position Raised by Mutual Advisors LLC

Mutual Advisors LLC raised its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 22.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 27,143 shares of the company’s stock after acquiring an additional 4,942 shares during the period. Mutual Advisors LLC’s holdings in Kimberly-Clark were worth $3,438,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. William B. Walkup & Associates Inc. acquired a new position in Kimberly-Clark during the second quarter valued at $26,000. Darwin Wealth Management LLC purchased a new position in Kimberly-Clark during the 3rd quarter valued at about $29,000. DiNuzzo Private Wealth Inc. increased its holdings in shares of Kimberly-Clark by 808.0% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after purchasing an additional 202 shares during the period. Kennebec Savings Bank purchased a new stake in shares of Kimberly-Clark in the third quarter worth approximately $36,000. Finally, ORG Wealth Partners LLC acquired a new stake in shares of Kimberly-Clark during the third quarter worth approximately $39,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Insider Buying and Selling

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 transaction of $417,030.00. Following the sale, the vice president now directly owns 5,053 shares of the company’s stock, valued at $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.62% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on KMB shares. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective on the stock. in a research note on Wednesday, January 8th. UBS Group cut their price objective on Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Wells Fargo & Company reduced their price objective on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Barclays dropped their target price on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research note on Tuesday, October 8th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $143.71.

Kimberly-Clark Stock Up 0.8 %

KMB stock opened at $127.13 on Friday. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. The company has a 50-day moving average of $132.05 and a two-hundred day moving average of $137.75. The stock has a market capitalization of $42.39 billion, a price-to-earnings ratio of 16.49, a price-to-earnings-growth ratio of 3.54 and a beta of 0.41. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The firm had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. During the same quarter last year, the firm posted $1.74 EPS. The company’s revenue was down 3.5% on a year-over-year basis. As a group, equities research analysts anticipate that Kimberly-Clark Co. will post 7.32 EPS for the current year.

Kimberly-Clark Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were paid a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 annualized dividend and a dividend yield of 3.84%. Kimberly-Clark’s payout ratio is 63.29%.

About Kimberly-Clark

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.