McGlone Suttner Wealth Management Inc. Has $911,000 Holdings in Kimberly-Clark Co. (NYSE:KMB)

McGlone Suttner Wealth Management Inc. raised its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 131.4% during the 4th quarter, HoldingsChannel reports. The fund owned 6,956 shares of the company’s stock after purchasing an additional 3,950 shares during the period. McGlone Suttner Wealth Management Inc.’s holdings in Kimberly-Clark were worth $911,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Cornerstone Wealth Management LLC grew its stake in Kimberly-Clark by 19.3% in the fourth quarter. Cornerstone Wealth Management LLC now owns 3,982 shares of the company’s stock valued at $522,000 after purchasing an additional 645 shares in the last quarter. Brighton Jones LLC grew its stake in shares of Kimberly-Clark by 74.1% in the 4th quarter. Brighton Jones LLC now owns 6,494 shares of the company’s stock valued at $851,000 after buying an additional 2,765 shares in the last quarter. Bill Few Associates Inc. increased its holdings in Kimberly-Clark by 4.7% in the fourth quarter. Bill Few Associates Inc. now owns 4,235 shares of the company’s stock worth $555,000 after buying an additional 190 shares during the last quarter. Mutual Advisors LLC lifted its stake in Kimberly-Clark by 22.3% in the fourth quarter. Mutual Advisors LLC now owns 27,143 shares of the company’s stock valued at $3,438,000 after acquiring an additional 4,942 shares during the last quarter. Finally, Advisory Alpha LLC increased its stake in shares of Kimberly-Clark by 9.9% during the 4th quarter. Advisory Alpha LLC now owns 2,087 shares of the company’s stock worth $274,000 after purchasing an additional 188 shares during the last quarter. 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 Kimberly-Clark stock in a transaction 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 of the company’s stock, valued at $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 is available at this link. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark Price Performance

Shares of KMB stock opened at $127.13 on Friday. The stock has a 50 day moving average of $132.05 and a two-hundred day moving average of $137.75. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. The company has a market capitalization of $42.39 billion, a P/E ratio of 16.49, a P/E/G ratio of 3.53 and a beta of 0.41. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $5.06 billion. During the same period in the prior year, the company earned $1.74 EPS. Kimberly-Clark’s revenue for the quarter was down 3.5% on a year-over-year basis. As a group, equities analysts expect that Kimberly-Clark Co. will post 7.32 EPS for the current year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were given a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a yield of 3.84%. Kimberly-Clark’s payout ratio is 63.29%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Wells Fargo & Company lowered their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. JPMorgan Chase & Co. lowered their price objective on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. UBS Group reduced their target price on Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Piper Sandler decreased their target price on Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Finally, TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target on the stock. in a research report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target 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.