apricus wealth LLC Has $2.76 Million Stake in Kimberly-Clark Corporation $KMB

apricus wealth LLC grew its holdings in Kimberly-Clark Corporation (NASDAQ:KMB) by 266.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,337 shares of the company’s stock after purchasing an additional 19,883 shares during the period. apricus wealth LLC’s holdings in Kimberly-Clark were worth $2,758,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Cloud Capital Management LLC acquired a new position in Kimberly-Clark during the third quarter worth approximately $25,000. True Wealth Design LLC lifted its position in shares of Kimberly-Clark by 177.6% in the third quarter. True Wealth Design LLC now owns 211 shares of the company’s stock valued at $26,000 after buying an additional 135 shares during the last quarter. Darwin Wealth Management LLC bought a new position in shares of Kimberly-Clark during the 2nd quarter worth approximately $27,000. Investors Research Corp acquired a new position in shares of Kimberly-Clark during the 4th quarter worth approximately $33,000. Finally, West Oak Capital LLC increased its holdings in shares of Kimberly-Clark by 69.7% during the 3rd quarter. West Oak Capital LLC now owns 280 shares of the company’s stock worth $35,000 after acquiring an additional 115 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Stock Performance

KMB opened at $96.35 on Tuesday. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.54 and a current ratio of 0.75. Kimberly-Clark Corporation has a 52-week low of $96.13 and a 52-week high of $147.12. The firm has a market cap of $31.98 billion, a P/E ratio of 15.87, a price-to-earnings-growth ratio of 3.51 and a beta of 0.24. The business’s fifty day moving average is $103.37 and its 200-day moving average is $107.62.

Kimberly-Clark (NASDAQ:KMB) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.05. Kimberly-Clark had a return on equity of 170.48% and a net margin of 11.73%.The business had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter in the previous year, the firm earned $1.50 earnings per share. Kimberly-Clark’s revenue for the quarter was down .6% compared to the same quarter last year. Sell-side analysts expect that Kimberly-Clark Corporation will post 7.5 EPS 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. Stockholders of record on Friday, March 6th will be issued a dividend of $1.28 per share. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.26. The ex-dividend date of this dividend is Friday, March 6th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 5.3%. Kimberly-Clark’s payout ratio is currently 84.35%.

Insider Buying and Selling at Kimberly-Clark

In related news, VP Andrew Scribner sold 3,049 shares of the 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 transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.64% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company set a $110.00 target price on Kimberly-Clark in a report on Tuesday, February 17th. Barclays set a $102.00 price target on shares of Kimberly-Clark in a research report on Friday, January 16th. Piper Sandler dropped their price objective on shares of Kimberly-Clark from $133.00 to $114.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Citigroup decreased their target price on shares of Kimberly-Clark from $95.00 to $90.00 and set a “sell” rating on the stock in a research report on Wednesday, January 14th. Finally, Zacks Research cut shares of Kimberly-Clark from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $115.85.

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.