7,488 Shares in Kimberly-Clark Co. (NYSE:KMB) Bought by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC purchased a new stake in Kimberly-Clark Co. (NYSE:KMB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 7,488 shares of the company’s stock, valued at approximately $981,000.

Several other institutional investors have also added to or reduced their stakes in KMB. William B. Walkup & Associates Inc. acquired a new position in shares of Kimberly-Clark during the second quarter valued at about $26,000. Darwin Wealth Management LLC purchased a new stake in Kimberly-Clark during the 3rd quarter worth approximately $29,000. DiNuzzo Private Wealth Inc. increased its stake in Kimberly-Clark by 808.0% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after purchasing an additional 202 shares in the last quarter. Kennebec Savings Bank purchased a new position in shares of Kimberly-Clark in the third quarter worth $36,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of Kimberly-Clark during the third quarter valued at $39,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Buying and Selling

In related news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the sale, the vice president now directly owns 5,053 shares in the company, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Price Performance

NYSE:KMB opened at $127.33 on Friday. The stock has a market capitalization of $42.46 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 2.69 and a beta of 0.41. Kimberly-Clark Co. has a 52 week low of $117.67 and a 52 week high of $149.30. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. The stock’s 50-day moving average price is $132.41 and its 200-day moving average price is $137.98.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The business had revenue of $4.95 billion during the quarter, compared to analysts’ expectations of $5.06 billion. During the same period in the previous year, the business earned $1.74 earnings per share. The business’s revenue was down 3.5% compared to the same quarter last year. As a group, equities analysts expect that Kimberly-Clark Co. will post 7.31 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were paid a dividend of $1.22 per share. The ex-dividend date was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.83%. Kimberly-Clark’s dividend payout ratio is currently 63.29%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on KMB shares. Citigroup reduced their target price on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft lifted their target price on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a report on Tuesday, October 8th. Barclays cut their price target on shares of Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating on the stock in a report on Friday. Wells Fargo & Company decreased their price objective on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Finally, TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective on the stock. in a research note on Wednesday, January 8th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $143.71.

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.