Eads & Heald Wealth Management Reduces Position in Kimberly-Clark Co. (NYSE:KMB)

Eads & Heald Wealth Management cut its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 13.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,422 shares of the company’s stock after selling 700 shares during the period. Eads & Heald Wealth Management’s holdings in Kimberly-Clark were worth $537,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Jaffetilchin Investment Partners LLC boosted its holdings in shares of Kimberly-Clark by 1.8% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 4,750 shares of the company’s stock worth $656,000 after purchasing an additional 85 shares during the period. Arcus Capital Partners LLC increased its stake in Kimberly-Clark by 3.8% during the third quarter. Arcus Capital Partners LLC now owns 2,341 shares of the company’s stock worth $283,000 after acquiring an additional 86 shares during the last quarter. Emerald Advisors LLC increased its position in shares of Kimberly-Clark by 4.7% during the fourth quarter. Emerald Advisors LLC now owns 2,016 shares of the company’s stock worth $245,000 after purchasing an additional 90 shares in the last quarter. Aaron Wealth Advisors LLC grew its holdings in shares of Kimberly-Clark by 1.5% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 6,325 shares of the company’s stock worth $764,000 after acquiring an additional 91 shares during the period. Finally, Connors Investor Services Inc. lifted its stake in shares of Kimberly-Clark by 2.1% during the 1st quarter. Connors Investor Services Inc. now owns 4,371 shares of the company’s stock worth $538,000 after purchasing an additional 91 shares during the period. 76.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company lifted their price target on Kimberly-Clark from $125.00 to $131.00 and gave the company an “equal weight” rating in a report on Thursday, March 28th. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. JPMorgan Chase & Co. increased their target price on shares of Kimberly-Clark from $119.00 to $125.00 and gave the stock an “underweight” rating in a report on Thursday, January 18th. Piper Sandler raised their target price on shares of Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. Finally, The Goldman Sachs Group assumed coverage on shares of Kimberly-Clark in a research note on Friday, March 1st. They issued a “buy” rating and a $135.00 price objective for the company. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Kimberly-Clark presently has a consensus rating of “Hold” and an average target price of $132.43.

Kimberly-Clark Trading Down 0.0 %

Shares of Kimberly-Clark stock traded down $0.03 during trading on Tuesday, hitting $125.37. 220,949 shares of the company were exchanged, compared to its average volume of 2,082,415. The firm has a market capitalization of $42.24 billion, a P/E ratio of 24.13, a price-to-earnings-growth ratio of 3.73 and a beta of 0.40. The firm’s fifty day moving average price is $123.84 and its 200 day moving average price is $122.20. The company has a debt-to-equity ratio of 6.94, a current ratio of 0.82 and a quick ratio of 0.54. Kimberly-Clark Co. has a 1-year low of $116.32 and a 1-year high of $147.87.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). The firm had revenue of $5 billion during the quarter, compared to analyst estimates of $4.99 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.54 earnings per share. As a group, sell-side analysts expect that Kimberly-Clark Co. will post 6.83 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were given a $1.22 dividend. The ex-dividend date was Thursday, March 7th. This represents a $4.88 annualized dividend and a yield of 3.89%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.18. Kimberly-Clark’s payout ratio is currently 93.85%.

Insider Buying and Selling at Kimberly-Clark

In other news, insider Tristram Wilkinson sold 3,720 shares of the company’s stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the transaction, the insider now directly owns 17,229 shares in the company, valued at approximately $2,084,709. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction on Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares in the company, valued at approximately $2,084,709. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mark T. Smucker purchased 827 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the acquisition, the director now owns 827 shares of the company’s stock, valued at $100,050.46. The disclosure for this purchase can be found here. Corporate insiders own 0.62% of the company’s stock.

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.