Kimberly-Clark Co. (NYSE:KMB) Shares Acquired by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC boosted its stake in Kimberly-Clark Co. (NYSE:KMB) by 1.5% during the third quarter, Holdings Channel.com reports. The fund owned 5,337 shares of the company’s stock after purchasing an additional 77 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Kimberly-Clark were worth $759,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. William B. Walkup & Associates Inc. purchased a new stake in shares of Kimberly-Clark during the second quarter worth about $26,000. New Millennium Group LLC acquired a new stake in Kimberly-Clark in the 2nd quarter worth about $28,000. Darwin Wealth Management LLC purchased a new stake in Kimberly-Clark during the 3rd quarter worth approximately $29,000. Strategic Financial Concepts LLC acquired a new position in shares of Kimberly-Clark during the second quarter valued at approximately $32,000. Finally, DiNuzzo Private Wealth Inc. lifted its position in shares of Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after acquiring an additional 202 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Trading Up 1.0 %

NYSE KMB opened at $138.42 on Friday. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The stock has a market capitalization of $46.16 billion, a P/E ratio of 17.95, a PEG ratio of 2.85 and a beta of 0.40. The firm’s 50-day moving average is $138.72 and its two-hundred day moving average is $139.13. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The firm had revenue of $4.95 billion during the quarter, compared to analysts’ expectations of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the company posted $1.74 EPS. On average, sell-side analysts anticipate that Kimberly-Clark Co. will post 7.27 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 6th will be issued a $1.22 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $4.88 annualized dividend and a dividend yield of 3.53%. Kimberly-Clark’s dividend payout ratio is presently 63.29%.

Insider Buying and Selling

In other news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following 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 Securities & Exchange Commission, which can be accessed through the SEC website. 0.62% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on KMB shares. StockNews.com cut Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 30th. Barclays increased their target price on shares of Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a research report on Friday, October 11th. Royal Bank of Canada restated an “outperform” rating and set a $165.00 price target on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday, October 8th. Finally, Argus upgraded Kimberly-Clark to a “hold” rating in a report on Friday, July 26th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $149.93.

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.