Kimberly-Clark Co. (NYSE:KMB) Shares Acquired by Wade G W & Inc.

Wade G W & Inc. lifted its holdings in shares of Kimberly-Clark Co. (NYSE:KMB – Get Rating) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,049 shares of the company’s stock after buying an additional 6,496 shares during the period. Wade G W & Inc.’s holdings in Kimberly-Clark were worth $14,532,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bell Investment Advisors Inc lifted its holdings in Kimberly-Clark by 1,475.0% in the fourth quarter. Bell Investment Advisors Inc now owns 189 shares of the company’s stock worth $26,000 after purchasing an additional 177 shares during the period. Fiduciary Alliance LLC acquired a new stake in Kimberly-Clark in the fourth quarter worth approximately $28,000. Affiance Financial LLC acquired a new stake in Kimberly-Clark in the fourth quarter worth approximately $29,000. Retirement Financial Solutions LLC acquired a new stake in Kimberly-Clark in the fourth quarter worth approximately $30,000. Finally, Capital Advisors Ltd. LLC lifted its position in Kimberly-Clark by 221.5% in the fourth quarter. Capital Advisors Ltd. LLC now owns 389 shares of the company’s stock worth $30,000 after purchasing an additional 268 shares during the period. 74.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Kimberly-Clark

In related news, insider Doug Cunningham sold 1,504 shares of the firm’s stock in a transaction on Tuesday, May 2nd. The shares were sold at an average price of $145.48, for a total value of $218,801.92. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Kimberly-Clark news, VP Andrew Drexler sold 7,970 shares of the firm’s stock in a transaction on Thursday, April 27th. The shares were sold at an average price of $145.12, for a total value of $1,156,606.40. Following the sale, the vice president now directly owns 4,889 shares in the company, valued at approximately $709,491.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Doug Cunningham sold 1,504 shares of the firm’s stock in a transaction on Tuesday, May 2nd. The stock was sold at an average price of $145.48, for a total transaction of $218,801.92. The disclosure for this sale can be found here. In the last three months, insiders have sold 59,416 shares of company stock worth $8,580,971. 0.67% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on KMB shares. Barclays upped their target price on Kimberly-Clark from $131.00 to $140.00 in a research report on Wednesday, April 26th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kimberly-Clark from $123.00 to $133.00 in a report on Wednesday, April 26th. UBS Group upped their price target on shares of Kimberly-Clark from $134.00 to $138.00 and gave the company a “neutral” rating in a report on Thursday, April 6th. Morgan Stanley increased their price objective on Kimberly-Clark from $132.00 to $140.00 and gave the company an “equal weight” rating in a research report on Monday, April 17th. Finally, Wells Fargo & Company increased their price objective on Kimberly-Clark from $130.00 to $140.00 in a research report on Wednesday, April 26th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $134.45.

Kimberly-Clark Stock Down 0.9 %

Kimberly-Clark stock traded down $1.24 during trading hours on Friday, hitting $135.80. The company had a trading volume of 399,968 shares, compared to its average volume of 1,677,980. The firm has a market capitalization of $45.82 billion, a P/E ratio of 23.47, a price-to-earnings-growth ratio of 3.17 and a beta of 0.40. The company has a debt-to-equity ratio of 9.23, a current ratio of 0.82 and a quick ratio of 0.51. The firm’s fifty day moving average is $138.64 and its 200-day moving average is $134.13. Kimberly-Clark Co. has a fifty-two week low of $108.74 and a fifty-two week high of $147.87.

Kimberly-Clark (NYSE:KMB – Get Rating) last issued its earnings results on Tuesday, April 25th. The company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.35. The company had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a return on equity of 279.42% and a net margin of 9.75%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.35 EPS. On average, research analysts forecast that Kimberly-Clark Co. will post 6.19 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 5th. Investors of record on Friday, June 9th will be paid a $1.18 dividend. The ex-dividend date of this dividend is Thursday, June 8th. This represents a $4.72 dividend on an annualized basis and a yield of 3.48%. Kimberly-Clark’s payout ratio is presently 80.82%.

Kimberly-Clark Company Profile

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Kimberly-Clark Corp. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products.