Albion Financial Group UT Purchases 1,533 Shares of Kimberly-Clark Co. (NYSE:KMB)

Albion Financial Group UT boosted its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 4.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,729 shares of the company’s stock after acquiring an additional 1,533 shares during the period. Albion Financial Group UT’s holdings in Kimberly-Clark were worth $4,880,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rise Advisors LLC grew its stake in shares of Kimberly-Clark by 926.3% in the 1st quarter. Rise Advisors LLC now owns 195 shares of the company’s stock valued at $25,000 after purchasing an additional 176 shares during the period. Cranbrook Wealth Management LLC boosted its holdings in shares of Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $35,000. Bruce G. Allen Investments LLC acquired a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $37,000. Finally, Northwest Financial Advisors acquired a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $40,000. 76.29% of the stock is currently owned by institutional investors.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the stock in a transaction dated 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 transaction, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the stock in a transaction dated 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 transaction, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Doug Cunningham sold 3,833 shares of the stock in a transaction dated 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. Insiders sold a total of 24,395 shares of company stock worth $3,332,776 in the last quarter. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark Trading Down 0.3 %

Shares of Kimberly-Clark stock traded down $0.47 on Wednesday, hitting $137.52. 736,897 shares of the company’s stock traded hands, compared to its average volume of 2,148,150. 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 Co. has a one year low of $116.32 and a one year high of $142.20. The firm’s 50-day moving average price is $136.08 and its two-hundred day moving average price is $127.81. The stock has a market capitalization of $46.30 billion, a PE ratio of 25.16, a price-to-earnings-growth ratio of 3.11 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The business had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter in the prior year, the company earned $1.67 EPS. The firm’s quarterly revenue was down .9% on a year-over-year basis. On average, research analysts expect that Kimberly-Clark Co. will post 7.06 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Friday, June 7th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.55%. The ex-dividend date of this dividend was Friday, June 7th. Kimberly-Clark’s dividend payout ratio is currently 89.71%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on KMB shares. Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a report on Tuesday, June 18th. Evercore ISI raised Kimberly-Clark from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $133.00 to $150.00 in a report on Thursday, March 28th. JPMorgan Chase & Co. boosted their target price on Kimberly-Clark from $115.00 to $123.00 and gave the stock an “underweight” rating in a report on Wednesday, April 24th. Piper Sandler upped their price objective on Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. Finally, HSBC upped their price objective on Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $141.64.

About Kimberly-Clark

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.