Zhang Financial LLC Boosts Stake in Kimberly-Clark Co. (NYSE:KMB)

Zhang Financial LLC boosted its holdings in Kimberly-Clark Co. (NYSE:KMB) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,967 shares of the company’s stock after acquiring an additional 175 shares during the quarter. Zhang Financial LLC’s holdings in Kimberly-Clark were worth $520,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Thrivent Financial for Lutherans grew its holdings in shares of Kimberly-Clark by 4.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 29,018 shares of the company’s stock worth $4,010,000 after acquiring an additional 1,155 shares during the period. Summit Trail Advisors LLC grew its holdings in Kimberly-Clark by 12.8% in the second quarter. Summit Trail Advisors LLC now owns 5,929 shares of the company’s stock valued at $827,000 after purchasing an additional 673 shares during the last quarter. Frank Rimerman Advisors LLC grew its holdings in Kimberly-Clark by 12,203.4% in the second quarter. Frank Rimerman Advisors LLC now owns 3,568 shares of the company’s stock valued at $493,000 after purchasing an additional 3,539 shares during the last quarter. Fidelis Capital Partners LLC increased its position in shares of Kimberly-Clark by 44.5% in the second quarter. Fidelis Capital Partners LLC now owns 1,455 shares of the company’s stock valued at $204,000 after buying an additional 448 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Kimberly-Clark by 30.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,565 shares of the company’s stock worth $346,000 after buying an additional 594 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Citigroup reduced their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a report on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft increased their target price on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. Wells Fargo & Company decreased their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Finally, TD Cowen lowered Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a research report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $143.71.

Kimberly-Clark Price Performance

Shares of NYSE KMB opened at $127.33 on Tuesday. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. The company has a market capitalization of $42.46 billion, a price-to-earnings ratio of 16.51, a price-to-earnings-growth ratio of 2.69 and a beta of 0.41. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The business has a 50 day simple moving average of $132.41 and a 200-day simple moving average of $137.98.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.14. The company had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.74 earnings per share. As a group, equities research analysts expect that Kimberly-Clark Co. will post 7.31 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were issued a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.83%. Kimberly-Clark’s payout ratio is currently 63.29%.

Insider Activity

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction 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 sale, the vice president now directly owns 5,053 shares of the company’s stock, valued at $702,417.53. The trade was a 37.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.62% of the company’s stock.

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.