Community Bank & Trust Waco Texas Has $362,000 Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Community Bank & Trust Waco Texas decreased its stake in Kimberly-Clark Co. (NYSE:KMB) by 28.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,982 shares of the company’s stock after selling 1,180 shares during the period. Community Bank & Trust Waco Texas’ holdings in Kimberly-Clark were worth $362,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC grew its stake in Kimberly-Clark by 74.9% during the third quarter. FMR LLC now owns 2,442,610 shares of the company’s stock worth $295,189,000 after purchasing an additional 1,046,155 shares during the period. American Century Companies Inc. lifted its holdings in shares of Kimberly-Clark by 14.7% in the third quarter. American Century Companies Inc. now owns 4,996,401 shares of the company’s stock valued at $603,815,000 after purchasing an additional 641,187 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Kimberly-Clark by 31.4% in the third quarter. Royal Bank of Canada now owns 2,197,184 shares of the company’s stock valued at $265,530,000 after purchasing an additional 524,632 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Kimberly-Clark by 552.4% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 456,458 shares of the company’s stock valued at $55,163,000 after purchasing an additional 386,497 shares in the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of Kimberly-Clark by 28.3% in the fourth quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock valued at $202,740,000 after purchasing an additional 368,505 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Trading Up 5.7 %

KMB stock traded up $7.39 during midday trading on Tuesday, reaching $136.32. The company’s stock had a trading volume of 4,261,176 shares, compared to its average volume of 2,184,449. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $147.87. The stock has a fifty day simple moving average of $124.44 and a two-hundred day simple moving average of $122.43. The firm has a market capitalization of $45.93 billion, a price-to-earnings ratio of 26.01, a PEG ratio of 3.77 and a beta of 0.40. The company has a debt-to-equity ratio of 6.94, a quick ratio of 0.54 and a current ratio of 0.82.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 earnings per share for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The company had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the previous year, the business earned $1.54 EPS. Kimberly-Clark’s revenue for the quarter was up .7% compared to the same quarter last year. On average, equities research analysts predict that Kimberly-Clark Co. will post 6.84 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were paid a $1.22 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.18. This represents a $4.88 dividend on an annualized basis and a yield of 3.58%. Kimberly-Clark’s dividend payout ratio (DPR) is 93.85%.

Insider Buying and Selling at Kimberly-Clark

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

Analyst Ratings Changes

KMB has been the topic of a number of recent analyst reports. Piper Sandler lifted their price target on Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. JPMorgan Chase & Co. lifted their price target on Kimberly-Clark from $119.00 to $125.00 and gave the stock an “underweight” rating in a report on Thursday, January 18th. Evercore ISI raised Kimberly-Clark from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $133.00 to $150.00 in a research report on Thursday, March 28th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $123.00 target price on shares of Kimberly-Clark in a research report on Thursday, March 28th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $131.85.

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.