Lion Street Advisors LLC Trims Stake in Kimberly-Clark Co. (NYSE:KMB)

Lion Street Advisors LLC reduced its stake in Kimberly-Clark Co. (NYSE:KMB) by 4.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,766 shares of the company’s stock after selling 315 shares during the quarter. Lion Street Advisors LLC’s holdings in Kimberly-Clark were worth $963,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in KMB. Rise Advisors LLC boosted 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 buying an additional 176 shares during the period. William B. Walkup & Associates Inc. purchased a new position in shares of Kimberly-Clark during the second quarter worth approximately $26,000. Crewe Advisors LLC purchased a new stake in shares of Kimberly-Clark in the first quarter valued at about $27,000. New Millennium Group LLC acquired a new position in Kimberly-Clark in the 2nd quarter valued at about $28,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Kimberly-Clark during the second quarter worth approximately $32,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on KMB shares. Piper Sandler increased their price target on shares of Kimberly-Clark from $167.00 to $174.00 and gave the stock an “overweight” rating in a report on Thursday, July 11th. Royal Bank of Canada restated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a research report on Wednesday, July 24th. StockNews.com lowered shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. JPMorgan Chase & Co. raised their price objective on Kimberly-Clark from $137.00 to $142.00 and gave the stock an “underweight” rating in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $147.07.

Kimberly-Clark Price Performance

KMB opened at $142.25 on Friday. The company has a fifty day simple moving average of $142.59 and a 200 day simple moving average of $137.71. The firm has a market cap of $47.91 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 2.98 and a beta of 0.39. Kimberly-Clark Co. has a twelve month low of $116.63 and a twelve month high of $149.30. The company has a current ratio of 0.85, a quick ratio of 0.58 and a debt-to-equity ratio of 5.59.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, July 23rd. The company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.71 by $0.25. Kimberly-Clark had a return on equity of 223.55% and a net margin of 11.28%. The business had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $5.10 billion. During the same period last year, the firm earned $1.65 earnings per share. The company’s revenue for the quarter was down 2.0% compared to the same quarter last year. Equities research analysts expect that Kimberly-Clark Co. will post 7.25 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Friday, September 6th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.43%. The ex-dividend date was Friday, September 6th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 72.30%.

Insiders Place Their Bets

In related news, insider Gonzalo Uribe sold 1,780 shares of the company’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $140.84, for a total transaction of $250,695.20. Following the completion of the transaction, the insider now directly owns 7,377 shares in the company, valued at $1,038,976.68. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Kimberly-Clark news, insider Gonzalo Uribe sold 1,780 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $140.84, for a total transaction of $250,695.20. Following the completion of the transaction, the insider now directly owns 7,377 shares of the company’s stock, valued at $1,038,976.68. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jeffrey P. Melucci sold 37,699 shares of the firm’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $141.42, for a total transaction of $5,331,392.58. Following the completion of the sale, the insider now owns 19,935 shares in the company, valued at $2,819,207.70. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.62% of the stock is currently owned by corporate insiders.

Kimberly-Clark 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.