Fulton Breakefield Broenniman LLC Has $781,000 Position in Kimberly-Clark Co. (NYSE:KMB)

Fulton Breakefield Broenniman LLC lessened its holdings in Kimberly-Clark Co. (NYSE:KMB) by 5.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 6,425 shares of the company’s stock after selling 400 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Kimberly-Clark were worth $781,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in KMB. Private Trust Co. NA raised its stake in shares of Kimberly-Clark by 2.5% during the third quarter. Private Trust Co. NA now owns 6,467 shares of the company’s stock valued at $782,000 after acquiring an additional 160 shares during the last quarter. Czech National Bank increased its holdings in Kimberly-Clark by 48.0% in the third quarter. Czech National Bank now owns 59,112 shares of the company’s stock valued at $7,144,000 after purchasing an additional 19,173 shares during the period. Aaron Wealth Advisors LLC raised its position in Kimberly-Clark by 1.5% during the 3rd quarter. Aaron Wealth Advisors LLC now owns 6,325 shares of the company’s stock worth $764,000 after purchasing an additional 91 shares during the last quarter. Handelsbanken Fonder AB lifted its holdings in Kimberly-Clark by 4.6% during the 3rd quarter. Handelsbanken Fonder AB now owns 288,735 shares of the company’s stock worth $34,894,000 after buying an additional 12,755 shares during the period. Finally, Connecticut Wealth Management LLC bought a new stake in shares of Kimberly-Clark in the 3rd quarter valued at about $201,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. Evercore ISI upgraded shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $133.00 to $150.00 in a report on Thursday, March 28th. Barclays upped their price objective on shares of Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a research note on Thursday. Citigroup lifted their target price on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a report on Thursday, March 28th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $134.85.

Kimberly-Clark Trading Down 0.9 %

KMB opened at $135.24 on Friday. The company has a fifty day moving average price of $125.86 and a two-hundred day moving average price of $122.89. Kimberly-Clark Co. has a 1-year low of $116.32 and a 1-year high of $147.09. The company has a market cap of $45.54 billion, a P/E ratio of 24.86, a price-to-earnings-growth ratio of 3.86 and a beta of 0.40. 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 issued its 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. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The business had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.08 billion. The firm’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.67 EPS. Analysts predict that Kimberly-Clark Co. will post 7 EPS for the current fiscal year.

Insider Activity

In other news, insider Paula Ramos sold 10,178 shares of the company’s 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 directly owns 795 shares of the company’s stock, valued at $109,050.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Kimberly-Clark news, Director Mark T. Smucker purchased 827 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The shares were acquired at an average price of $120.98 per share, with a total value of $100,050.46. Following the transaction, the director now owns 827 shares in the company, valued at $100,050.46. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Paula Ramos sold 10,178 shares of the business’s 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 sale, the insider now directly owns 795 shares of the company’s stock, valued at $109,050.15. The disclosure for this sale 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.