Nicolet Advisory Services LLC Has $1.07 Million Position in Kimberly-Clark Co. (NYSE:KMB)

Nicolet Advisory Services LLC cut its holdings in Kimberly-Clark Co. (NYSE:KMB) by 3.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,649 shares of the company’s stock after selling 255 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Kimberly-Clark were worth $1,071,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of KMB. LRI Investments LLC acquired a new stake in shares of Kimberly-Clark during the first quarter worth $154,000. Epoch Investment Partners Inc. increased its holdings in Kimberly-Clark by 2.0% during the 1st quarter. Epoch Investment Partners Inc. now owns 12,103 shares of the company’s stock worth $1,566,000 after purchasing an additional 241 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Kimberly-Clark by 19.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,893,146 shares of the company’s stock valued at $762,279,000 after purchasing an additional 944,920 shares during the period. Ascent Group LLC boosted its position in shares of Kimberly-Clark by 17.2% during the first quarter. Ascent Group LLC now owns 7,075 shares of the company’s stock worth $915,000 after buying an additional 1,039 shares during the period. Finally, Kinloch Capital LLC boosted its position in shares of Kimberly-Clark by 19.3% during the first quarter. Kinloch Capital LLC now owns 28,720 shares of the company’s stock worth $3,715,000 after buying an additional 4,650 shares during the period. 76.29% of the stock is owned by institutional investors.

Analysts Set New Price Targets

KMB has been the topic of several research reports. Deutsche Bank Aktiengesellschaft boosted their target price on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research note on Tuesday, October 8th. Barclays boosted their price objective on shares of Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Friday, October 11th. UBS Group decreased their target price on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Royal Bank of Canada reissued an “outperform” rating and set a $165.00 price target on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Finally, Argus upgraded Kimberly-Clark to a “hold” rating in a report on Friday, July 26th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Kimberly-Clark presently has an average rating of “Hold” and a consensus price target of $149.93.

Kimberly-Clark Price Performance

NYSE:KMB opened at $138.42 on Friday. Kimberly-Clark Co. has a 12-month low of $117.67 and a 12-month high of $149.30. The firm has a market capitalization of $46.16 billion, a price-to-earnings ratio of 17.95, a P/E/G ratio of 2.88 and a beta of 0.40. The stock’s 50 day moving average price is $138.72 and its two-hundred day moving average price is $139.13. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The business had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. During the same period in the previous year, the firm earned $1.74 EPS. The firm’s revenue was down 3.5% compared to the same quarter last year. On average, analysts anticipate that Kimberly-Clark Co. will post 7.27 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 6th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend is Friday, December 6th. Kimberly-Clark’s dividend payout ratio is presently 63.29%.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the firm’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 transaction of $417,030.00. Following the completion of the sale, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.62% of the stock is currently owned by 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.