Advisory Alpha LLC Acquires 188 Shares of Kimberly-Clark Co. (NYSE:KMB)

Advisory Alpha LLC boosted its holdings in Kimberly-Clark Co. (NYSE:KMB) by 9.9% in the fourth quarter, Holdings Channel reports. The firm owned 2,087 shares of the company’s stock after purchasing an additional 188 shares during the quarter. Advisory Alpha LLC’s holdings in Kimberly-Clark were worth $274,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in KMB. William B. Walkup & Associates Inc. bought a new position in Kimberly-Clark in the second quarter valued at $26,000. Darwin Wealth Management LLC bought a new position in Kimberly-Clark in the third quarter valued at $29,000. DiNuzzo Private Wealth Inc. grew its position in 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 purchasing an additional 202 shares in the last quarter. Kennebec Savings Bank acquired a new stake in Kimberly-Clark in the third quarter valued at $36,000. Finally, ORG Wealth Partners LLC acquired a new stake in Kimberly-Clark in the third quarter valued at $39,000. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock opened at $127.13 on Friday. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month 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 company has a 50-day simple moving average of $132.05 and a two-hundred day simple moving average of $137.75. The stock has a market capitalization of $42.39 billion, a price-to-earnings ratio of 16.49, a price-to-earnings-growth ratio of 3.54 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data 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. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business had revenue of $4.95 billion during the quarter, compared to analysts’ expectations of $5.06 billion. During the same quarter in the previous year, the company earned $1.74 EPS. The business’s revenue was down 3.5% on a year-over-year basis. Analysts forecast that Kimberly-Clark Co. will post 7.32 EPS for the current year.

Kimberly-Clark Dividend Announcement

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

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the firm’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 transaction, the vice president now directly owns 5,053 shares of the company’s stock, valued at $702,417.53. This trade represents a 37.25 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.62% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on KMB shares. UBS Group cut their price target on shares of Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Wells Fargo & Company cut their price target 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. Piper Sandler cut their price target on shares of Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. Finally, TD Cowen cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target for the company. 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 given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $143.71.

Kimberly-Clark Company 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.