Albion Financial Group UT Raises Stake in Kimberly-Clark Co. (NYSE:KMB)

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

Other large investors have also recently bought and sold shares of the company. Rise Advisors LLC boosted its position in Kimberly-Clark by 926.3% in the 1st quarter. Rise Advisors LLC now owns 195 shares of the company’s stock worth $25,000 after purchasing an additional 176 shares in the last quarter. Cranbrook Wealth Management LLC boosted its position in 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 purchasing an additional 100 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new stake in Kimberly-Clark in the 4th quarter worth approximately $35,000. Bruce G. Allen Investments LLC purchased a new stake in Kimberly-Clark in the 4th quarter worth approximately $37,000. Finally, Northwest Financial Advisors purchased a new stake in Kimberly-Clark in the 4th quarter worth approximately $40,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Trading Down 0.3 %

Kimberly-Clark stock traded down $0.47 during midday trading on Wednesday, reaching $137.52. 736,897 shares of the stock traded hands, compared to its average volume of 2,148,150. The company has a 50-day simple moving average of $136.08 and a two-hundred day simple moving average of $127.81. Kimberly-Clark Co. has a 12-month low of $116.32 and a 12-month high of $142.20. The firm has a market cap 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. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. The company had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. Kimberly-Clark’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the company earned $1.67 EPS. Research analysts expect that Kimberly-Clark Co. will post 7.06 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.55%. The ex-dividend date was Friday, June 7th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 89.71%.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction that occurred on 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 transaction, the insider now owns 795 shares of the company’s stock, valued at $109,050.15. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total value of $1,396,116.26. Following the transaction, the insider now directly owns 795 shares in the company, valued at approximately $109,050.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Katy Chen sold 454 shares of Kimberly-Clark stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $135.24, for a total value of $61,398.96. Following the completion of the transaction, the insider now owns 520 shares in the company, valued at $70,324.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,395 shares of company stock valued at $3,332,776. Corporate insiders own 0.62% of the company’s stock.

Analysts Set New Price Targets

KMB has been the subject of several research analyst reports. HSBC upped their target price on Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, April 24th. Deutsche Bank Aktiengesellschaft upped their target price on Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research note on Thursday, March 28th. Piper Sandler upped their target price on Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research note on Thursday, March 28th. Wells Fargo & Company increased their price objective on Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 24th. Finally, Bank of America raised Kimberly-Clark from an “underperform” rating to a “buy” rating and increased their price objective for the company from $115.00 to $160.00 in a research note on Thursday, June 13th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $141.64.

Kimberly-Clark Company 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.