Dakota Wealth Management Has $2.32 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Dakota Wealth Management cut its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,068 shares of the company’s stock after selling 1,122 shares during the period. Dakota Wealth Management’s holdings in Kimberly-Clark were worth $2,317,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of KMB. Sequoia Financial Advisors LLC increased its holdings in Kimberly-Clark by 204.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock valued at $2,500,000 after purchasing an additional 13,806 shares during the period. PFG Investments LLC increased its holdings in Kimberly-Clark by 11.2% in the third quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock valued at $252,000 after purchasing an additional 209 shares during the period. Compagnie Lombard Odier SCmA acquired a new stake in Kimberly-Clark in the fourth quarter valued at $4,253,000. AE Wealth Management LLC increased its holdings in Kimberly-Clark by 0.3% in the third quarter. AE Wealth Management LLC now owns 240,819 shares of the company’s stock valued at $29,103,000 after purchasing an additional 638 shares during the period. Finally, Rockline Wealth Management LLC acquired a new stake in Kimberly-Clark in the fourth quarter valued at $1,661,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, insider Tristram Wilkinson sold 3,720 shares of the stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the sale, the insider now owns 17,229 shares in the company, valued at approximately $2,084,709. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, Director Mark T. Smucker purchased 827 shares of the firm’s 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 purchase, the director now directly owns 827 shares in the company, valued at approximately $100,050.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction that occurred 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 sale, the insider now owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The disclosure for this sale can be found here. Company insiders own 0.62% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on KMB shares. Wells Fargo & Company increased their price objective on Kimberly-Clark from $125.00 to $131.00 and gave the company an “equal weight” rating in a 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 report on Thursday, March 28th. Barclays increased their price target on Kimberly-Clark from $124.00 to $132.00 and gave the stock an “equal weight” rating in a report on Friday, April 12th. 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 report on Thursday, March 28th. Finally, HSBC increased their price target on Kimberly-Clark from $134.00 to $146.00 and gave the stock a “hold” rating in a report on Thursday, March 28th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus target price of $132.43.

Kimberly-Clark Price Performance

Shares of NYSE KMB opened at $125.28 on Wednesday. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $147.87. The stock has a market cap of $42.21 billion, a price-to-earnings ratio of 24.09, a PEG ratio of 3.77 and a beta of 0.40. The company has a debt-to-equity ratio of 6.94, a quick ratio of 0.54 and a current ratio of 0.82. The firm’s 50-day simple moving average is $123.91 and its 200 day simple moving average is $122.23.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.02). The firm had revenue of $5 billion during the quarter, compared to analysts’ expectations of $4.99 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The company’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter last year, the business posted $1.54 EPS. As a group, research analysts anticipate that Kimberly-Clark Co. will post 6.84 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were paid a $1.22 dividend. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. The ex-dividend date was Thursday, March 7th. This represents a $4.88 annualized dividend and a yield of 3.90%. Kimberly-Clark’s dividend payout ratio (DPR) is 93.85%.

About Kimberly-Clark

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.