Insider Selling: Kimberly-Clark Co. (NYSE:KMB) Insider Sells 3,720 Shares of Stock

Kimberly-Clark Co. (NYSE:KMBGet Free Report) insider Tristram Wilkinson sold 3,720 shares of Kimberly-Clark stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $121.00, for a total transaction of $450,120.00. Following the completion of the transaction, the insider now directly owns 17,229 shares in the company, valued at approximately $2,084,709. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Kimberly-Clark Trading Up 0.6 %

NYSE:KMB traded up $0.68 on Friday, reaching $121.17. The company’s stock had a trading volume of 2,579,588 shares, compared to its average volume of 2,211,349. Kimberly-Clark Co. has a 1-year low of $116.32 and a 1-year high of $147.87. The company has a debt-to-equity ratio of 8.81, a quick ratio of 0.54 and a current ratio of 0.84. The firm has a market cap of $40.95 billion, a PE ratio of 23.15, a PEG ratio of 2.17 and a beta of 0.39. The business’s 50-day moving average price is $121.88 and its two-hundred day moving average price is $124.34.

Kimberly-Clark (NYSE:KMBGet Free Report) last released its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by ($0.02). The business had revenue of $5 billion during the quarter, compared to the consensus estimate of $4.99 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 284.06%. Kimberly-Clark’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.54 EPS. Equities research analysts anticipate that Kimberly-Clark Co. will post 7.02 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date is Thursday, March 7th. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.18. Kimberly-Clark’s dividend payout ratio (DPR) is currently 90.77%.

Analysts Set New Price Targets

KMB has been the subject of a number of analyst reports. Bank of America lowered shares of Kimberly-Clark from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $135.00 to $115.00 in a report on Friday, December 15th. The Goldman Sachs Group reduced their target price on shares of Kimberly-Clark from $147.00 to $132.00 and set a “neutral” rating on the stock in a report on Tuesday, October 10th. JPMorgan Chase & Co. lifted their target price on shares of Kimberly-Clark from $119.00 to $125.00 and gave the company an “underweight” rating in a report on Thursday, January 18th. Citigroup dropped their price objective on shares of Kimberly-Clark from $126.00 to $111.00 and set a “sell” rating on the stock in a research note on Wednesday, October 11th. Finally, Royal Bank of Canada decreased their target price on shares of Kimberly-Clark from $125.00 to $123.00 and set a “sector perform” rating on the stock in a research report on Thursday. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Kimberly-Clark has a consensus rating of “Hold” and a consensus price target of $130.14.

Get Our Latest Report on Kimberly-Clark

Institutional Investors Weigh In On Kimberly-Clark

Several hedge funds have recently modified their holdings of the company. Moneta Group Investment Advisors LLC lifted its stake in shares of Kimberly-Clark by 123,302.7% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 4,430,158 shares of the company’s stock valued at $601,394,000 after purchasing an additional 4,426,568 shares during the period. Cowa LLC bought a new position in Kimberly-Clark during the first quarter valued at $54,000. Norges Bank bought a new position in Kimberly-Clark during the fourth quarter valued at $441,478,000. Imprint Wealth LLC lifted its position in shares of Kimberly-Clark by 13,781.2% during the second quarter. Imprint Wealth LLC now owns 2,763,613 shares of the company’s stock worth $276,361,000 after acquiring an additional 2,743,704 shares in the last quarter. Finally, BlackRock Inc. lifted its position in shares of Kimberly-Clark by 4.7% during the second quarter. BlackRock Inc. now owns 29,102,531 shares of the company’s stock worth $4,017,895,000 after acquiring an additional 1,312,765 shares in the last quarter. Institutional investors and hedge funds own 74.38% of the company’s stock.

About Kimberly-Clark

(Get Free Report)

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. 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.

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Insider Buying and Selling by Quarter for Kimberly-Clark (NYSE:KMB)

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