Mitchell Mcleod Pugh & Williams Inc. Sells 240 Shares of Kimberly-Clark Co. (NYSE:KMB)

Mitchell Mcleod Pugh & Williams Inc. lessened its holdings in Kimberly-Clark Co. (NYSE:KMB) by 3.3% during the fourth quarter, Holdings Channel reports. The fund owned 7,062 shares of the company’s stock after selling 240 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Kimberly-Clark were worth $858,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Intellectus Partners LLC raised its stake in shares of Kimberly-Clark by 22.5% during the 4th quarter. Intellectus Partners LLC now owns 6,028 shares of the company’s stock valued at $739,000 after purchasing an additional 1,109 shares during the period. PGGM Investments raised its stake in shares of Kimberly-Clark by 28.8% during the 4th quarter. PGGM Investments now owns 62,213 shares of the company’s stock valued at $7,560,000 after purchasing an additional 13,903 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Kimberly-Clark by 52.6% during the 4th quarter. Russell Investments Group Ltd. now owns 182,006 shares of the company’s stock valued at $22,088,000 after purchasing an additional 62,732 shares during the period. Addison Advisors LLC raised its stake in shares of Kimberly-Clark by 239.5% during the 4th quarter. Addison Advisors LLC now owns 567 shares of the company’s stock valued at $69,000 after purchasing an additional 400 shares during the period. Finally, Syon Capital LLC raised its stake in shares of Kimberly-Clark by 22.0% during the 4th quarter. Syon Capital LLC now owns 4,669 shares of the company’s stock valued at $567,000 after purchasing an additional 841 shares during the period. Institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on KMB. Deutsche Bank Aktiengesellschaft upped their target price on Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research note on Thursday, March 28th. Citigroup upped their target price on Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a research note on Wednesday, April 24th. UBS Group upped their price objective on Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Wednesday, April 24th. Piper Sandler increased their target price on Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a report on Thursday, March 28th. Finally, HSBC increased their target price on Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, April 24th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $134.85.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction 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 completion of the transaction, the insider now owns 795 shares in the company, valued at $109,050.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark Stock Down 0.5 %

Shares of NYSE:KMB traded down $0.63 during trading on Monday, hitting $134.61. The stock had a trading volume of 528,840 shares, compared to its average volume of 2,210,366. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.02. The company has a market capitalization of $45.32 billion, a PE ratio of 24.86, a PEG ratio of 3.85 and a beta of 0.40. The firm’s fifty day moving average is $125.86 and its 200 day moving average is $122.92. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.08 billion. During the same quarter in the prior year, the company earned $1.67 EPS. The business’s revenue was down .9% compared to the same quarter last year. Analysts anticipate that Kimberly-Clark Co. will post 7 EPS for the current fiscal year.

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.