Kimberly-Clark Corporation $KMB Shares Sold by S&CO Inc.

S&CO Inc. lessened its position in Kimberly-Clark Corporation (NASDAQ:KMB) by 32.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,914 shares of the company’s stock after selling 5,692 shares during the period. S&CO Inc.’s holdings in Kimberly-Clark were worth $1,481,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Kimberly-Clark by 74.1% in the fourth quarter. Brighton Jones LLC now owns 6,494 shares of the company’s stock valued at $851,000 after buying an additional 2,765 shares in the last quarter. Callan Family Office LLC grew its holdings in shares of Kimberly-Clark by 161.6% in the 2nd quarter. Callan Family Office LLC now owns 5,736 shares of the company’s stock worth $739,000 after acquiring an additional 3,543 shares during the last quarter. IFP Advisors Inc raised its position in shares of Kimberly-Clark by 42.8% during the second quarter. IFP Advisors Inc now owns 9,614 shares of the company’s stock worth $1,264,000 after purchasing an additional 2,880 shares during the period. PDS Planning Inc lifted its holdings in shares of Kimberly-Clark by 3.6% during the second quarter. PDS Planning Inc now owns 2,963 shares of the company’s stock valued at $382,000 after purchasing an additional 104 shares during the last quarter. Finally, Aberdeen Group plc boosted its position in shares of Kimberly-Clark by 6.6% in the 2nd quarter. Aberdeen Group plc now owns 259,155 shares of the company’s stock valued at $33,410,000 after purchasing an additional 16,148 shares during the period. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Up 0.4%

KMB stock opened at $104.70 on Tuesday. The company has a 50 day moving average of $101.25 and a two-hundred day moving average of $114.23. The company has a market cap of $34.75 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 4.10 and a beta of 0.26. Kimberly-Clark Corporation has a 12-month low of $96.26 and a 12-month high of $150.45. The company has a quick ratio of 0.54, a current ratio of 0.75 and a debt-to-equity ratio of 3.97.

Kimberly-Clark (NASDAQ:KMB) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.05. Kimberly-Clark had a net margin of 11.73% and a return on equity of 170.48%. The business had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same period in the prior year, the business posted $1.50 earnings per share. Kimberly-Clark’s revenue for the quarter was down .6% compared to the same quarter last year. On average, equities analysts anticipate that Kimberly-Clark Corporation will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Friday, March 6th will be paid a $1.28 dividend. This represents a $5.12 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.26. Kimberly-Clark’s dividend payout ratio (DPR) is presently 83.03%.

Analyst Ratings Changes

KMB has been the topic of several recent analyst reports. TD Cowen cut their price objective on Kimberly-Clark from $112.00 to $105.00 and set a “hold” rating on the stock in a report on Thursday, January 8th. Argus upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating and set a $120.00 price target on the stock in a report on Thursday, November 13th. BNP Paribas Exane restated a “neutral” rating and issued a $110.00 price target on shares of Kimberly-Clark in a research report on Monday, December 1st. UBS Group lifted their price objective on shares of Kimberly-Clark from $107.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Finally, Royal Bank Of Canada restated an “overweight” rating and issued a $162.00 target price on shares of Kimberly-Clark in a report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Kimberly-Clark has an average rating of “Hold” and a consensus target price of $118.58.

Insider Buying and Selling

In related news, VP Andrew Scribner sold 3,049 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $104.29, for a total transaction of $317,980.21. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.64% of the company’s stock.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.