Kimberly-Clark Co. (NYSE:KMB) Shares Purchased by BKM Wealth Management LLC

BKM Wealth Management LLC raised its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 13.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 850 shares of the company’s stock after purchasing an additional 102 shares during the period. BKM Wealth Management LLC’s holdings in Kimberly-Clark were worth $110,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rise Advisors LLC increased its position in shares of Kimberly-Clark by 926.3% in the first quarter. Rise Advisors LLC now owns 195 shares of the company’s stock worth $25,000 after acquiring an additional 176 shares in the last quarter. Cranbrook Wealth Management LLC increased its position in shares of Kimberly-Clark by 90.9% in the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of Kimberly-Clark in the fourth quarter worth $35,000. Bruce G. Allen Investments LLC acquired a new stake in shares of Kimberly-Clark in the fourth quarter worth $37,000. Finally, Northwest Financial Advisors acquired a new stake in shares of Kimberly-Clark in the fourth quarter worth $40,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. StockNews.com lowered shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 25th. The Goldman Sachs Group raised their price target on shares of Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a report on Wednesday, April 24th. Wells Fargo & Company raised their price target on shares of Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a report on Wednesday, April 24th. JPMorgan Chase & Co. increased their price objective on shares of Kimberly-Clark from $115.00 to $123.00 and gave the company an “underweight” rating in a research note on Wednesday, April 24th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research note on Thursday, March 28th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $141.64.

Kimberly-Clark Trading Down 0.3 %

Kimberly-Clark stock opened at $137.82 on Tuesday. The firm’s 50-day moving average is $135.86 and its 200-day moving average is $127.56. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $142.20. The company has a market cap of $46.41 billion, a P/E ratio of 25.33, a PEG ratio of 3.11 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter last year, the company earned $1.67 EPS. The company’s revenue for the quarter was down .9% compared to the same quarter last year. On average, equities analysts expect that Kimberly-Clark Co. will post 7.06 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 7th will be issued a $1.22 dividend. The ex-dividend date is Friday, June 7th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.54%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 89.71%.

Insider Buying and Selling

In related news, insider Paula Ramos sold 10,178 shares of the stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total value of $1,396,116.26. Following the sale, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Jeffrey P. Melucci sold 6,390 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $135.59, for a total transaction of $866,420.10. Following the transaction, the insider now directly owns 33,649 shares in the company, valued at approximately $4,562,467.91. The disclosure for this sale can be found here. Insiders have sold a total of 24,395 shares of company stock valued at $3,332,776 in the last quarter. Company insiders own 0.62% of the company’s stock.

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.