Kimberly-Clark Co. (NYSE:KMB) Shares Bought by McGlone Suttner Wealth Management Inc.

McGlone Suttner Wealth Management Inc. boosted its stake in Kimberly-Clark Co. (NYSE:KMB) by 131.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,956 shares of the company’s stock after acquiring an additional 3,950 shares during the period. McGlone Suttner Wealth Management Inc.’s holdings in Kimberly-Clark were worth $911,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. acquired a new position in Kimberly-Clark in the second quarter worth $26,000. Darwin Wealth Management LLC acquired a new stake in Kimberly-Clark during the third quarter worth about $29,000. DiNuzzo Private Wealth Inc. boosted its stake in Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after acquiring an additional 202 shares during the period. Kennebec Savings Bank acquired a new stake in shares of Kimberly-Clark during the 3rd quarter worth approximately $36,000. Finally, ORG Wealth Partners LLC bought a new stake in shares of Kimberly-Clark in the 3rd quarter worth approximately $39,000. 76.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

KMB has been the subject of a number of recent research reports. Barclays lowered their price objective on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Royal Bank of Canada restated an “outperform” rating and set a $165.00 price target on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research report on Tuesday, October 8th. TD Cowen cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research report on Wednesday, January 8th. Finally, Piper Sandler cut their price target on Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $143.71.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the sale, the vice president now owns 5,053 shares in the company, valued at approximately $702,417.53. This represents a 37.25 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.62% of the stock is currently owned by insiders.

Kimberly-Clark Trading Up 0.8 %

Shares of NYSE:KMB opened at $127.13 on Friday. The stock has a market capitalization of $42.39 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 3.53 and a beta of 0.41. Kimberly-Clark Co. has a 1-year low of $117.67 and a 1-year high of $149.30. The company has a 50 day moving average price of $132.05 and a 200 day moving average price of $137.75. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.14. The business had revenue of $4.95 billion during the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The company’s revenue was down 3.5% compared to the same quarter last year. During the same period last year, the company posted $1.74 EPS. On average, research analysts anticipate that Kimberly-Clark Co. will post 7.32 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark’s dividend payout ratio is presently 63.29%.

Kimberly-Clark Company Profile

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.