Waldron Private Wealth LLC Decreases Position in Kimberly-Clark Co. (NYSE:KMB)

Waldron Private Wealth LLC decreased its holdings in Kimberly-Clark Co. (NYSE:KMB) by 21.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,430 shares of the company’s stock after selling 664 shares during the quarter. Waldron Private Wealth LLC’s holdings in Kimberly-Clark were worth $297,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Jaffetilchin Investment Partners LLC raised its stake in Kimberly-Clark by 1.8% during the second quarter. Jaffetilchin Investment Partners LLC now owns 4,750 shares of the company’s stock valued at $656,000 after buying an additional 85 shares in the last quarter. Arcus Capital Partners LLC raised its stake in Kimberly-Clark by 3.8% during the third quarter. Arcus Capital Partners LLC now owns 2,341 shares of the company’s stock valued at $283,000 after buying an additional 86 shares in the last quarter. Emerald Advisors LLC raised its stake in Kimberly-Clark by 4.7% during the fourth quarter. Emerald Advisors LLC now owns 2,016 shares of the company’s stock valued at $245,000 after buying an additional 90 shares in the last quarter. Aaron Wealth Advisors LLC raised its stake in Kimberly-Clark by 1.5% during the third quarter. Aaron Wealth Advisors LLC now owns 6,325 shares of the company’s stock valued at $764,000 after buying an additional 91 shares in the last quarter. Finally, Connors Investor Services Inc. raised its stake in Kimberly-Clark by 2.1% during the first quarter. Connors Investor Services Inc. now owns 4,371 shares of the company’s stock valued at $538,000 after buying an additional 91 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

KMB opened at $125.45 on Tuesday. The firm has a market cap of $42.27 billion, a PE ratio of 24.13, a P/E/G ratio of 3.73 and a beta of 0.40. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94. The business has a fifty day simple moving average of $123.84 and a 200-day simple moving average of $122.20. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $147.87.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.02). The company had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.99 billion. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The business’s revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.54 earnings per share. As a group, equities analysts predict that Kimberly-Clark Co. will post 6.83 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th were issued a $1.22 dividend. The ex-dividend date was Thursday, March 7th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.89%. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. Kimberly-Clark’s dividend payout ratio is presently 93.85%.

Analyst Upgrades and Downgrades

KMB has been the topic of a number of research reports. Piper Sandler increased their price target on Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. 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 report on Thursday, March 28th. Evercore ISI upgraded Kimberly-Clark from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $133.00 to $150.00 in a research report 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 report on Thursday, January 18th. Finally, StockNews.com raised Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $132.43.

Insider Activity

In other Kimberly-Clark news, Director Mark T. Smucker bought 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, insider Tristram Wilkinson sold 3,720 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $121.00, for a total transaction of $450,120.00. Following the completion of the sale, the insider now directly owns 17,229 shares in the company, valued at $2,084,709. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Mark T. Smucker acquired 827 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The shares were purchased at an average price of $120.98 per share, with a total value of $100,050.46. Following the completion of the acquisition, the director now owns 827 shares of the company’s stock, 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.

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.