Great Valley Advisor Group Inc. Decreases Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Great Valley Advisor Group Inc. lowered its stake in Kimberly-Clark Co. (NYSE:KMB) by 8.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,049 shares of the company’s stock after selling 1,511 shares during the period. Great Valley Advisor Group Inc.’s holdings in Kimberly-Clark were worth $2,103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. SageView Advisory Group LLC increased its position in shares of Kimberly-Clark by 4.5% in the 4th quarter. SageView Advisory Group LLC now owns 1,706 shares of the company’s stock worth $224,000 after purchasing an additional 74 shares during the last quarter. OneDigital Investment Advisors LLC raised its stake in Kimberly-Clark by 0.5% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,559 shares of the company’s stock valued at $1,908,000 after buying an additional 78 shares in the last quarter. Confluence Wealth Services Inc. lifted its holdings in Kimberly-Clark by 5.1% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company’s stock worth $208,000 after buying an additional 80 shares during the last quarter. YHB Investment Advisors Inc. grew its position in shares of Kimberly-Clark by 3.4% in the 4th quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company’s stock worth $330,000 after acquiring an additional 83 shares in the last quarter. Finally, Ascent Wealth Partners LLC raised its position in shares of Kimberly-Clark by 1.0% during the 4th quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company’s stock valued at $1,221,000 after acquiring an additional 90 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on KMB shares. Royal Bank of Canada lowered their target price on shares of Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating for the company in a research note on Wednesday, April 23rd. Wall Street Zen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Thursday, April 24th. Barclays decreased their target price on Kimberly-Clark from $139.00 to $135.00 and set an “equal weight” rating for the company in a research note on Thursday, April 24th. JPMorgan Chase & Co. upped their target price on Kimberly-Clark from $124.00 to $131.00 and gave the company an “underweight” rating in a report on Friday, April 11th. Finally, Piper Sandler cut their price target on Kimberly-Clark from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $145.08.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the transaction, the vice president now owns 7,720 shares in the company, valued at approximately $1,088,520. The trade was a 58.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Katy Chen sold 740 shares of the stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $129.70, for a total value of $95,978.00. Following the sale, the insider now owns 3,997 shares of the company’s stock, valued at $518,410.90. This trade represents a 15.62% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 13,372 shares of company stock valued at $1,858,684. 0.64% of the stock is owned by insiders.

Kimberly-Clark Price Performance

NYSE KMB opened at $141.56 on Tuesday. Kimberly-Clark Co. has a 12 month low of $124.10 and a 12 month high of $150.45. The firm has a market capitalization of $46.97 billion, a PE ratio of 18.75, a P/E/G ratio of 4.46 and a beta of 0.35. The company’s 50 day simple moving average is $137.23 and its 200 day simple moving average is $135.07. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.04. The company had revenue of $4.84 billion for the quarter, compared to analysts’ expectations of $4.90 billion. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. During the same period last year, the firm earned $2.01 EPS. As a group, equities research analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th will be given a $1.26 dividend. This represents a $5.04 annualized dividend and a yield of 3.56%. The ex-dividend date is Friday, June 6th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 68.66%.

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.