Monument Capital Management Makes New $204,000 Investment in Kimberly-Clark Co. (NYSE:KMB)

Monument Capital Management bought a new position in Kimberly-Clark Co. (NYSE:KMB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,682 shares of the company’s stock, valued at approximately $204,000.

Other large investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its position in Kimberly-Clark by 204.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock worth $2,500,000 after buying an additional 13,806 shares during the period. PFG Investments LLC grew its stake in shares of Kimberly-Clark by 11.2% in the third quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock worth $252,000 after purchasing an additional 209 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new position in shares of Kimberly-Clark in the fourth quarter worth $4,253,000. Rockline Wealth Management LLC bought a new position in shares of Kimberly-Clark in the fourth quarter worth $1,661,000. Finally, Nordea Investment Management AB grew its stake in shares of Kimberly-Clark by 28.3% in the fourth quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock worth $202,740,000 after purchasing an additional 368,505 shares in the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on KMB. Deutsche Bank Aktiengesellschaft increased their price target on Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research note on Thursday, March 28th. JPMorgan Chase & Co. increased their price target on Kimberly-Clark from $119.00 to $125.00 and gave the stock an “underweight” rating in a research note on Thursday, January 18th. Barclays increased their price target on Kimberly-Clark from $124.00 to $132.00 and gave the stock an “equal weight” rating in a research note on Friday, April 12th. Piper Sandler raised their target price on Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a research note on Thursday, March 28th. Finally, HSBC raised their target price on Kimberly-Clark from $134.00 to $146.00 and gave the company a “hold” rating in a research note on Thursday, March 28th. Three analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Kimberly-Clark has an average rating of “Hold” and a consensus price target of $131.85.

Kimberly-Clark Trading Up 1.6 %

NYSE:KMB opened at $128.89 on Tuesday. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94. Kimberly-Clark Co. has a 1-year low of $116.32 and a 1-year high of $147.87. The firm has a market capitalization of $43.42 billion, a price-to-earnings ratio of 24.79, a price-to-earnings-growth ratio of 3.77 and a beta of 0.40. The stock has a fifty day simple moving average of $124.44 and a 200 day simple moving average of $122.43.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Wednesday, January 24th. The company reported $1.51 earnings per share for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The company had revenue of $5 billion during the quarter, compared to analyst estimates of $4.99 billion. During the same quarter last year, the business earned $1.54 EPS. The company’s revenue for the quarter was up .7% compared to the same quarter last year. Sell-side analysts forecast that Kimberly-Clark Co. will post 6.84 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Investors of record on Friday, March 8th were given a $1.22 dividend. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.79%. Kimberly-Clark’s dividend payout ratio (DPR) is 93.85%.

Insider Activity at Kimberly-Clark

In related news, Director Mark T. Smucker purchased 827 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The stock was acquired at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the transaction, the director now directly owns 827 shares of the company’s stock, valued at approximately $100,050.46. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Tristram Wilkinson sold 3,720 shares of the 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 sale, the insider now directly owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark T. Smucker acquired 827 shares of Kimberly-Clark stock in a transaction that occurred on Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, with a total value of $100,050.46. Following the completion of the purchase, the director now owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is currently owned by corporate insiders.

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.