Cornell Pochily Investment Advisors Inc. Sells 90 Shares of Kimberly-Clark Co. (NYSE:KMB)

Cornell Pochily Investment Advisors Inc. lowered its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,981 shares of the company’s stock after selling 90 shares during the quarter. Cornell Pochily Investment Advisors Inc.’s holdings in Kimberly-Clark were worth $727,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in KMB. Chapin Davis Inc. boosted its stake in shares of Kimberly-Clark by 2.9% in the 2nd quarter. Chapin Davis Inc. now owns 2,984 shares of the company’s stock valued at $412,000 after purchasing an additional 85 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its stake in Kimberly-Clark by 1.8% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 4,750 shares of the company’s stock worth $656,000 after acquiring an additional 85 shares during the last quarter. Arcus Capital Partners LLC boosted its stake in Kimberly-Clark by 3.8% during the 3rd quarter. Arcus Capital Partners LLC now owns 2,341 shares of the company’s stock worth $283,000 after acquiring an additional 86 shares during the last quarter. Elevated Capital Advisors LLC boosted its stake in Kimberly-Clark by 0.9% during the 2nd quarter. Elevated Capital Advisors LLC now owns 9,818 shares of the company’s stock worth $1,355,000 after acquiring an additional 89 shares during the last quarter. Finally, Aaron Wealth Advisors LLC boosted its stake 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 acquiring an additional 91 shares during the last quarter. Institutional investors own 76.29% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. StockNews.com downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a report on Tuesday. HSBC raised their target price on shares of Kimberly-Clark from $134.00 to $146.00 and gave the stock a “hold” rating in a report on Thursday. Barclays dropped their target price on shares of Kimberly-Clark from $128.00 to $124.00 and set an “equal weight” rating on the stock in a report on Friday, January 26th. The Goldman Sachs Group began coverage on shares of Kimberly-Clark in a report on Friday, March 1st. They issued a “buy” rating and a $135.00 price objective on the stock. Finally, Wells Fargo & Company boosted their target price on shares of Kimberly-Clark from $125.00 to $131.00 and gave the stock an “equal weight” rating in a report on Thursday. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $131.93.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock traded up $2.39 during trading on Thursday, reaching $129.66. The company’s stock had a trading volume of 894,668 shares, compared to its average volume of 2,088,853. The business’s 50-day moving average price is $122.41 and its 200-day moving average price is $121.95. The firm has a market cap of $43.68 billion, a PE ratio of 24.99, a P/E/G ratio of 3.96 and a beta of 0.40. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $147.87. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Wednesday, January 24th. The company reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). The company had revenue of $5 billion during the quarter, compared to analyst estimates of $4.99 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the firm earned $1.54 EPS. Equities analysts forecast that Kimberly-Clark Co. will post 6.83 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 2nd. Investors of record on Friday, March 8th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date is Thursday, March 7th. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.18. Kimberly-Clark’s payout ratio is 93.85%.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, Director Mark T. Smucker bought 827 shares of the stock in a transaction on Monday, January 29th. The stock was purchased at an average price of $120.98 per share, with a total value of $100,050.46. Following the completion of the purchase, the director now owns 827 shares in the company, valued at $100,050.46. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Tristram Wilkinson sold 3,720 shares of the company’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 value of $450,120.00. Following the completion of the transaction, the insider now owns 17,229 shares of the company’s stock, valued at $2,084,709. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark T. Smucker bought 827 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were purchased at an average cost of $120.98 per share, with a total value of $100,050.46. Following the transaction, the director now directly owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is owned by insiders.

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.