Capital Advisors Ltd. LLC Acquires 114 Shares of Kimberly-Clark Co. (NYSE:KMB)

Capital Advisors Ltd. LLC raised its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 21.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 641 shares of the company’s stock after acquiring an additional 114 shares during the period. Capital Advisors Ltd. LLC’s holdings in Kimberly-Clark were worth $91,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in KMB. Marshall Investment Management LLC bought a new stake in shares of Kimberly-Clark in the 4th quarter valued at $25,000. Minot DeBlois Advisors LLC bought a new stake in shares of Kimberly-Clark in the 4th quarter valued at $29,000. Strategic Financial Concepts LLC bought a new stake in shares of Kimberly-Clark in the 4th quarter valued at $33,000. Roxbury Financial LLC bought a new stake in shares of Kimberly-Clark in the 4th quarter valued at $33,000. Finally, Sierra Ocean LLC bought a new stake in shares of Kimberly-Clark in the 4th quarter valued at $34,000. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Trading Up 0.8%

Kimberly-Clark stock opened at $133.89 on Friday. The firm has a 50-day moving average of $136.75 and a 200-day moving average of $135.33. Kimberly-Clark Co. has a one year low of $124.10 and a one year high of $150.45. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The company has a market cap of $44.43 billion, a price-to-earnings ratio of 17.73, a P/E/G ratio of 4.46 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.04. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. The company had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same period in the prior year, the business posted $2.01 EPS. On average, equities analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be paid a $1.26 dividend. The ex-dividend date is Friday, June 6th. This represents a $5.04 annualized dividend and a yield of 3.76%. Kimberly-Clark’s dividend payout ratio (DPR) is currently 68.66%.

Analysts Set New Price Targets

A number of research firms recently commented on KMB. JPMorgan Chase & Co. upped their price objective on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an “underweight” rating in a research report on Friday, April 11th. Barclays lowered their target price on Kimberly-Clark from $139.00 to $135.00 and set an “equal weight” rating for the company in a report on Thursday, April 24th. Piper Sandler lowered their target price on Kimberly-Clark from $158.00 to $156.00 and set an “overweight” rating for the company in a report on Wednesday, April 23rd. Royal Bank of Canada lowered their target price on Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating for the company in a report on Wednesday, April 23rd. Finally, Evercore ISI lowered their target price on Kimberly-Clark from $168.00 to $155.00 and set an “outperform” rating for the company in a report on Wednesday, April 23rd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $145.08.

Insider Activity at Kimberly-Clark

In related news, insider Katy Chen sold 1,794 shares of the firm’s stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $130.74, for a total value of $234,547.56. Following the completion of the sale, the insider now directly owns 3,098 shares in the company, valued at approximately $405,032.52. This trade represents a 36.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.64% of the stock is currently owned by company 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.