All Terrain Financial Advisors LLC Has $3.62 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

All Terrain Financial Advisors LLC decreased its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.0% during the third quarter, HoldingsChannel.com reports. The fund owned 25,420 shares of the company’s stock after selling 524 shares during the period. Kimberly-Clark makes up 1.3% of All Terrain Financial Advisors LLC’s holdings, making the stock its 19th largest position. All Terrain Financial Advisors LLC’s holdings in Kimberly-Clark were worth $3,617,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. CX Institutional lifted its holdings in Kimberly-Clark by 1.2% during the second quarter. CX Institutional now owns 5,968 shares of the company’s stock worth $825,000 after acquiring an additional 71 shares in the last quarter. Wesbanco Bank Inc. lifted its holdings in Kimberly-Clark by 0.9% during the third quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company’s stock worth $1,101,000 after acquiring an additional 71 shares in the last quarter. My Legacy Advisors LLC lifted its holdings in Kimberly-Clark by 4.6% during the third quarter. My Legacy Advisors LLC now owns 1,741 shares of the company’s stock worth $248,000 after acquiring an additional 76 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in Kimberly-Clark by 1.5% during the third quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company’s stock worth $759,000 after acquiring an additional 77 shares in the last quarter. Finally, Graypoint LLC lifted its holdings in Kimberly-Clark by 1.5% during the third quarter. Graypoint LLC now owns 5,315 shares of the company’s stock worth $756,000 after acquiring an additional 78 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Activity

In related news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was 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 directly owns 5,053 shares in the company, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.62% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on KMB. StockNews.com lowered Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. Royal Bank of Canada restated an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a report on Wednesday, October 23rd. Barclays boosted their price target on Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a report on Friday, October 11th. Deutsche Bank Aktiengesellschaft boosted their price target on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. lowered their target price on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $149.93.

Kimberly-Clark Stock Performance

NYSE KMB traded up $0.41 during trading on Tuesday, reaching $139.55. 385,803 shares of the company’s stock were exchanged, compared to its average volume of 2,105,232. The business has a 50 day moving average price of $138.61 and a 200-day moving average price of $139.19. The stock has a market capitalization of $46.54 billion, a P/E ratio of 18.05, a PEG ratio of 2.90 and a beta of 0.40. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. Kimberly-Clark Co. has a fifty-two week low of $117.67 and a fifty-two week high of $149.30.

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

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 6th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.50%. The ex-dividend date of this dividend is Friday, December 6th. Kimberly-Clark’s payout ratio is 63.29%.

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.