PDS Planning Inc Purchases 254 Shares of Kimberly-Clark Co. (NYSE:KMB)

PDS Planning Inc increased its position in Kimberly-Clark Co. (NYSE:KMB) by 9.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,859 shares of the company’s stock after buying an additional 254 shares during the period. PDS Planning Inc’s holdings in Kimberly-Clark were worth $407,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Schroder Investment Management Group increased its stake in Kimberly-Clark by 2.8% in the 4th quarter. Schroder Investment Management Group now owns 464,053 shares of the company’s stock worth $60,615,000 after acquiring an additional 12,768 shares during the last quarter. Unigestion Holding SA grew its holdings in shares of Kimberly-Clark by 8.2% in the first quarter. Unigestion Holding SA now owns 127,623 shares of the company’s stock valued at $18,145,000 after purchasing an additional 9,643 shares in the last quarter. Farmers Trust Co. increased its position in Kimberly-Clark by 108.6% in the first quarter. Farmers Trust Co. now owns 45,088 shares of the company’s stock worth $6,412,000 after purchasing an additional 23,472 shares during the last quarter. NBC Securities Inc. raised its stake in Kimberly-Clark by 106,600.0% during the first quarter. NBC Securities Inc. now owns 7,469 shares of the company’s stock valued at $1,062,000 after purchasing an additional 7,462 shares in the last quarter. Finally, Strong Tower Advisory Services raised its stake in Kimberly-Clark by 14.8% during the first quarter. Strong Tower Advisory Services now owns 16,337 shares of the company’s stock valued at $2,198,000 after purchasing an additional 2,110 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 740 shares of the firm’s stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $129.70, for a total transaction of $95,978.00. Following the transaction, the insider now directly owns 3,997 shares in the company, valued at $518,410.90. This trade represents a 15.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.64% of the stock is currently owned by company insiders.

Kimberly-Clark Trading Up 0.8%

KMB opened at $127.89 on Friday. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. The stock’s 50 day moving average price is $134.63 and its 200-day moving average price is $134.70. Kimberly-Clark Co. has a one year low of $124.10 and a one year high of $150.45. The stock has a market cap of $42.44 billion, a price-to-earnings ratio of 16.94, a P/E/G ratio of 4.46 and a beta of 0.38.

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

Kimberly-Clark Announces Dividend

The business also recently declared 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. This represents a $5.04 annualized dividend and a yield of 3.94%. The ex-dividend date is Friday, June 6th. Kimberly-Clark’s dividend payout ratio is presently 68.66%.

Analyst Ratings Changes

A number of brokerages have commented on KMB. Wall Street Zen cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Thursday, April 24th. Piper Sandler dropped their price target on Kimberly-Clark from $158.00 to $156.00 and set an “overweight” rating for the company in a research report on Wednesday, April 23rd. Evercore ISI decreased their price objective on Kimberly-Clark from $168.00 to $155.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 23rd. Barclays lowered their price objective 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. Finally, Royal Bank Of Canada cut their target price on Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 23rd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $143.50.

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.