Kimberly-Clark Co. (NYSE:KMB) Stock Position Lowered by OLD Second National Bank of Aurora

OLD Second National Bank of Aurora lowered its position in Kimberly-Clark Co. (NYSE:KMB) by 17.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 472 shares of the company’s stock after selling 100 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Kimberly-Clark were worth $57,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Kimberly-Clark by 70.8% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 794 shares of the company’s stock worth $96,000 after acquiring an additional 329 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Kimberly-Clark by 8.3% during the 4th quarter. Daiwa Securities Group Inc. now owns 32,761 shares of the company’s stock worth $3,980,000 after acquiring an additional 2,498 shares in the last quarter. Telos Capital Management Inc. boosted its stake in shares of Kimberly-Clark by 17.8% during the 4th quarter. Telos Capital Management Inc. now owns 5,065 shares of the company’s stock worth $615,000 after acquiring an additional 765 shares in the last quarter. Sfmg LLC boosted its stake in shares of Kimberly-Clark by 85.2% during the 4th quarter. Sfmg LLC now owns 12,179 shares of the company’s stock worth $1,480,000 after acquiring an additional 5,604 shares in the last quarter. Finally, Tyche Wealth Partners LLC bought a new stake in shares of Kimberly-Clark during the 4th quarter worth about $625,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on KMB shares. The Goldman Sachs Group started coverage on Kimberly-Clark in a research report on Friday, March 1st. They set a “buy” rating and a $135.00 price objective for the company. Piper Sandler boosted their price objective on Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. Royal Bank of Canada reissued a “sector perform” rating and set a $123.00 price objective on shares of Kimberly-Clark in a research report on Thursday, March 28th. JPMorgan Chase & Co. upped their price target on Kimberly-Clark from $119.00 to $125.00 and gave the company an “underweight” rating in a report on Thursday, January 18th. Finally, Barclays upped their price target on Kimberly-Clark from $124.00 to $132.00 and gave the company an “equal weight” rating in a report on Friday, April 12th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $131.85.

Kimberly-Clark Stock Down 0.3 %

NYSE KMB opened at $125.62 on Friday. The firm has a market cap of $42.32 billion, a PE ratio of 24.16, a price-to-earnings-growth ratio of 3.75 and a beta of 0.40. Kimberly-Clark Co. has a one year low of $116.32 and a one year high of $147.87. The stock’s 50 day simple moving average is $124.12 and its 200 day simple moving average is $122.28. The company has a debt-to-equity ratio of 6.94, a current ratio of 0.82 and a quick ratio of 0.54.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Wednesday, January 24th. The company reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). The business had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.99 billion. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The firm’s revenue was up .7% on a year-over-year basis. During the same quarter last year, the company earned $1.54 earnings per share. As a group, sell-side analysts forecast that Kimberly-Clark Co. will post 6.84 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Investors of record on Friday, March 8th were given a dividend of $1.22 per share. The ex-dividend date was Thursday, March 7th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. This represents a $4.88 dividend on an annualized basis and a yield of 3.88%. Kimberly-Clark’s dividend payout ratio is 93.85%.

Insider Buying and Selling

In other Kimberly-Clark news, insider Tristram Wilkinson sold 3,720 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares in the company, valued at approximately $2,084,709. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Mark T. Smucker acquired 827 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were purchased at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the transaction, the director now owns 827 shares of the company’s stock, valued at $100,050.46. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Tristram Wilkinson sold 3,720 shares of the stock in a transaction on Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the transaction, the insider now owns 17,229 shares in the company, valued at $2,084,709. The disclosure for this sale can be found here. 0.62% of the stock is owned by corporate insiders.

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.