Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lifted its holdings in Kimberly-Clark Co. (NYSE:KMB) by 4.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 45,801 shares of the company’s stock after acquiring an additional 1,797 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Kimberly-Clark were worth $5,603,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Emerald Advisors LLC grew its stake in shares of Kimberly-Clark by 4.7% in the 4th quarter. Emerald Advisors LLC now owns 2,016 shares of the company’s stock worth $245,000 after purchasing an additional 90 shares during the last quarter. Aaron Wealth Advisors LLC boosted its holdings in shares of Kimberly-Clark by 1.5% in the fourth quarter. Aaron Wealth Advisors LLC now owns 6,418 shares of the company’s stock worth $780,000 after buying an additional 93 shares during the period. Motco boosted its holdings in shares of Kimberly-Clark by 6.9% in the third quarter. Motco now owns 1,463 shares of the company’s stock worth $177,000 after buying an additional 94 shares during the period. Baxter Bros Inc. boosted its holdings in shares of Kimberly-Clark by 3.3% in the third quarter. Baxter Bros Inc. now owns 3,090 shares of the company’s stock worth $373,000 after buying an additional 100 shares during the period. Finally, S&CO Inc. boosted its holdings in shares of Kimberly-Clark by 0.4% in the third quarter. S&CO Inc. now owns 24,914 shares of the company’s stock worth $3,010,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

Shares of KMB stock opened at $135.24 on Friday. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54. The stock has a market cap of $45.54 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 3.90 and a beta of 0.40. The stock has a 50-day moving average of $125.86 and a 200-day moving average of $122.87. Kimberly-Clark Co. has a one year low of $116.32 and a one year high of $147.09.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. The company had revenue of $5.15 billion during the quarter, compared to analysts’ expectations 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 was down .9% on a year-over-year basis. During the same period in the prior year, the business posted $1.67 EPS. As a group, sell-side analysts expect that Kimberly-Clark Co. will post 6.98 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Mark T. Smucker purchased 827 shares of Kimberly-Clark stock in a transaction dated Monday, January 29th. The stock was bought at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the acquisition, the director now directly owns 827 shares of the company’s stock, valued at $100,050.46. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, insider Paula Ramos sold 10,178 shares of the stock in a transaction dated 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 completion of the transaction, the insider now directly owns 795 shares in the company, valued at $109,050.15. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mark T. Smucker bought 827 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The stock was purchased at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the transaction, the director now owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. Corporate insiders own 0.62% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on KMB. Citigroup raised their target price on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a report on Wednesday. Royal Bank of Canada raised their target price on shares of Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a report on Wednesday. The Goldman Sachs Group raised their target price on shares of Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Wednesday. Piper Sandler raised their price target on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. Finally, JPMorgan Chase & Co. raised their price target on shares of Kimberly-Clark from $115.00 to $123.00 and gave the stock an “underweight” rating in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Kimberly-Clark currently has an average rating of “Hold” and a consensus price target of $134.85.

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.