Lynch & Associates IN Lowers Holdings in Kimberly-Clark Co. (NYSE:KMB)

Lynch & Associates IN lowered its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,250 shares of the company’s stock after selling 90 shares during the period. Lynch & Associates IN’s holdings in Kimberly-Clark were worth $2,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. LVM Capital Management Ltd. MI boosted its holdings in shares of Kimberly-Clark by 11.4% in the 4th quarter. LVM Capital Management Ltd. MI now owns 4,929 shares of the company’s stock worth $646,000 after purchasing an additional 504 shares during the period. Harbor Capital Advisors Inc. grew its stake in shares of Kimberly-Clark by 2.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 4,866 shares of the company’s stock valued at $638,000 after buying an additional 121 shares during the last quarter. ORG Partners LLC raised its holdings in shares of Kimberly-Clark by 86.5% in the fourth quarter. ORG Partners LLC now owns 429 shares of the company’s stock worth $57,000 after buying an additional 199 shares during the period. Farmers Trust Co. boosted its holdings in Kimberly-Clark by 2.6% during the 4th quarter. Farmers Trust Co. now owns 21,616 shares of the company’s stock valued at $2,833,000 after acquiring an additional 539 shares during the period. Finally, InvesTrust purchased a new stake in Kimberly-Clark in the fourth quarter worth $420,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Insider Buying and Selling at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the sale, the vice president now owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.62% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Piper Sandler dropped their target price on shares of Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating on the stock in a research note on Monday. Wells Fargo & Company lowered 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. UBS Group cut their target price on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. dropped their price objective on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 23rd. Finally, Barclays upped their target price on Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $147.57.

Kimberly-Clark Stock Performance

Shares of NYSE KMB traded down $2.21 during mid-day trading on Friday, hitting $124.56. The stock had a trading volume of 2,279,979 shares, compared to its average volume of 1,891,314. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The firm has a market cap of $41.54 billion, a PE ratio of 16.16, a PEG ratio of 2.76 and a beta of 0.41. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The company has a 50 day moving average of $133.31 and a two-hundred day moving average of $138.52.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.14. The company had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period last year, the firm earned $1.74 EPS. Research analysts predict that Kimberly-Clark Co. will post 7.27 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were issued a $1.22 dividend. The ex-dividend date was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a yield of 3.92%. Kimberly-Clark’s payout ratio is 63.29%.

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.