Guyasuta Investment Advisors Inc. Sells 7,500 Shares of Kimberly-Clark Corporation $KMB

Guyasuta Investment Advisors Inc. lessened its stake in Kimberly-Clark Corporation (NASDAQ:KMB) by 48.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,103 shares of the company’s stock after selling 7,500 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Kimberly-Clark were worth $782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of KMB. Darwin Wealth Management LLC purchased a new position in shares of Kimberly-Clark in the 2nd quarter worth approximately $27,000. Godfrey Financial Associates Inc. purchased a new stake in Kimberly-Clark during the fourth quarter valued at approximately $25,000. Eagle Bay Advisors LLC purchased a new stake in Kimberly-Clark during the fourth quarter valued at approximately $28,000. CrossGen Wealth LLC acquired a new stake in Kimberly-Clark in the fourth quarter valued at approximately $27,000. Finally, Newbridge Financial Services Group Inc. boosted its stake in Kimberly-Clark by 96.6% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 285 shares of the company’s stock valued at $29,000 after acquiring an additional 140 shares in the last quarter. 76.29% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Scribner sold 4,095 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $98.00, for a total transaction of $401,310.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Katy Chen sold 1,596 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $95.34, for a total value of $152,162.64. Following the completion of the transaction, the insider directly owned 8,362 shares in the company, valued at $797,233.08. This represents a 16.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 7,096 shares of company stock valued at $689,687. 0.75% of the stock is currently owned by insiders.

Kimberly-Clark Trading Up 3.4%

Shares of Kimberly-Clark stock opened at $103.95 on Wednesday. The firm’s 50 day simple moving average is $98.67 and its two-hundred day simple moving average is $100.69. The firm has a market capitalization of $34.51 billion, a price-to-earnings ratio of 16.32, a PEG ratio of 4.51 and a beta of 0.28. Kimberly-Clark Corporation has a 12-month low of $92.42 and a 12-month high of $137.46. The company has a current ratio of 0.77, a quick ratio of 0.55 and a debt-to-equity ratio of 3.38.

Kimberly-Clark (NASDAQ:KMB) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $1.97 EPS for the quarter, topping the consensus estimate of $1.93 by $0.04. The business had revenue of $4.16 billion during the quarter, compared to the consensus estimate of $4.09 billion. Kimberly-Clark had a net margin of 12.80% and a return on equity of 152.79%. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.93 earnings per share. Analysts predict that Kimberly-Clark Corporation will post 7.48 EPS for the current year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 5th will be paid a $1.28 dividend. The ex-dividend date is Friday, June 5th. This represents a $5.12 dividend on an annualized basis and a yield of 4.9%. Kimberly-Clark’s dividend payout ratio (DPR) is 80.38%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on KMB shares. Zacks Research downgraded Kimberly-Clark from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Bank of America lowered their price objective on Kimberly-Clark from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Friday, April 10th. UBS Group boosted their target price on Kimberly-Clark from $105.00 to $106.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Wells Fargo & Company reduced their target price on Kimberly-Clark from $110.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Kimberly-Clark from $110.00 to $109.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Four analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and an average price target of $115.43.

Kimberly-Clark Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.