Adams Asset Advisors LLC Purchases 8,214 Shares of Kimberly-Clark Corporation $KMB

Adams Asset Advisors LLC lifted its holdings in Kimberly-Clark Corporation (NASDAQ:KMB) by 11.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 79,671 shares of the company’s stock after buying an additional 8,214 shares during the quarter. Kimberly-Clark makes up about 1.1% of Adams Asset Advisors LLC’s portfolio, making the stock its 28th biggest position. Adams Asset Advisors LLC’s holdings in Kimberly-Clark were worth $8,038,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of KMB. Centennial Wealth Advisory LLC grew its position in shares of Kimberly-Clark by 5.8% during the 4th quarter. Centennial Wealth Advisory LLC now owns 4,083 shares of the company’s stock worth $412,000 after buying an additional 224 shares in the last quarter. ORG Wealth Partners LLC lifted its stake in Kimberly-Clark by 15.2% in the fourth quarter. ORG Wealth Partners LLC now owns 864 shares of the company’s stock worth $87,000 after acquiring an additional 114 shares during the period. First City Capital Management Inc. purchased a new stake in Kimberly-Clark in the fourth quarter worth about $342,000. Lantz Financial LLC grew its holdings in Kimberly-Clark by 93.7% during the 4th quarter. Lantz Financial LLC now owns 4,971 shares of the company’s stock worth $502,000 after acquiring an additional 2,405 shares in the last quarter. Finally, Thompson Investment Management Inc. increased its position in Kimberly-Clark by 67.2% during the 4th quarter. Thompson Investment Management Inc. now owns 52,771 shares of the company’s stock valued at $5,324,000 after purchasing an additional 21,202 shares during the period. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Scribner sold 3,049 shares of Kimberly-Clark stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $104.29, for a total transaction of $317,980.21. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.64% of the stock is owned by company insiders.

Kimberly-Clark Price Performance

NASDAQ KMB opened at $98.66 on Monday. The firm’s fifty day simple moving average is $103.43 and its two-hundred day simple moving average is $107.86. The firm has a market capitalization of $32.75 billion, a P/E ratio of 16.25, a P/E/G ratio of 3.51 and a beta of 0.24. The company has a current ratio of 0.75, a quick ratio of 0.54 and a debt-to-equity ratio of 3.97. Kimberly-Clark Corporation has a 12-month low of $96.26 and a 12-month high of $147.12.

Kimberly-Clark (NASDAQ:KMB) last released 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. The company had revenue of $4.08 billion during the quarter, compared to analysts’ expectations of $4.11 billion. Kimberly-Clark had a return on equity of 170.48% and a net margin of 11.73%.The firm’s revenue was down .6% compared to the same quarter last year. During the same period last year, the business posted $1.50 earnings per share. Analysts forecast that Kimberly-Clark Corporation will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Friday, March 6th will be given a $1.28 dividend. This represents a $5.12 annualized dividend and a dividend yield of 5.2%. 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 payout ratio is currently 84.35%.

Analyst Ratings Changes

Several brokerages recently issued reports on KMB. Wells Fargo & Company set a $110.00 price objective on shares of Kimberly-Clark in a report on Tuesday, February 17th. UBS Group upped their target price on Kimberly-Clark from $107.00 to $110.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. BNP Paribas Exane reaffirmed a “neutral” rating and set a $110.00 target price on shares of Kimberly-Clark in a research report on Monday, December 1st. Weiss Ratings reissued a “hold (c-)” rating on shares of Kimberly-Clark in a research report on Monday, December 29th. Finally, Citigroup decreased their price objective on Kimberly-Clark from $95.00 to $90.00 and set a “sell” rating for the company in a research note on Wednesday, January 14th. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $116.42.

About Kimberly-Clark

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.