Boston Family Office LLC Has $946,000 Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Boston Family Office LLC trimmed its position in Kimberly-Clark Co. (NYSE:KMBFree Report) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,783 shares of the company’s stock after selling 122 shares during the period. Boston Family Office LLC’s holdings in Kimberly-Clark were worth $946,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Cranbrook Wealth Management LLC increased its stake in Kimberly-Clark by 90.9% during the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new stake in Kimberly-Clark during the 4th quarter worth approximately $35,000. Bruce G. Allen Investments LLC bought a new stake in Kimberly-Clark during the 4th quarter worth approximately $37,000. Northwest Financial Advisors bought a new stake in Kimberly-Clark during the 4th quarter worth approximately $40,000. Finally, Operose Advisors LLC increased its stake in Kimberly-Clark by 122.5% during the 3rd quarter. Operose Advisors LLC now owns 356 shares of the company’s stock worth $43,000 after purchasing an additional 196 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

Kimberly-Clark Stock Performance

Kimberly-Clark stock traded down $0.65 during mid-day trading on Wednesday, hitting $128.50. 840,280 shares of the company’s stock traded hands, compared to its average volume of 2,124,142. The firm has a 50 day simple moving average of $130.90 and a two-hundred day simple moving average of $125.10. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $139.75. The stock has a market cap of $43.27 billion, a price-to-earnings ratio of 23.58, a P/E/G ratio of 3.54 and a beta of 0.38. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54.

Kimberly-Clark (NYSE:KMBGet Free Report) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The business had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.08 billion. During the same quarter last year, the firm posted $1.67 EPS. The company’s quarterly revenue was down .9% on a year-over-year basis. On average, research analysts expect that Kimberly-Clark Co. will post 7.03 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date of this dividend is Friday, June 7th. Kimberly-Clark’s dividend payout ratio is currently 89.71%.

Insider Transactions at Kimberly-Clark

In other news, insider Doug Cunningham sold 3,833 shares of Kimberly-Clark stock in a transaction on Friday, May 10th. The stock was sold at an average price of $136.82, for a total transaction of $524,431.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the completion of the sale, the insider now owns 795 shares of the company’s stock, valued at $109,050.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Doug Cunningham sold 3,833 shares of Kimberly-Clark stock in a transaction on Friday, May 10th. The stock was sold at an average price of $136.82, for a total value of $524,431.06. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,395 shares of company stock valued at $3,332,776. 0.62% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on KMB. Piper Sandler raised their price target on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research note on Thursday, March 28th. Citigroup raised their price target on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a research note on Wednesday, April 24th. Barclays raised their price target on shares of Kimberly-Clark from $132.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 25th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research note on Thursday, March 28th. Finally, HSBC raised their price target on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, April 24th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $134.85.

View Our Latest Stock Analysis on Kimberly-Clark

About Kimberly-Clark

(Free Report)

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.

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Institutional Ownership by Quarter for Kimberly-Clark (NYSE:KMB)

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