Alaska Permanent Fund Corp Boosts Holdings in Kimberly-Clark Co. (NYSE:KMB)

Alaska Permanent Fund Corp increased its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,356 shares of the company’s stock after purchasing an additional 446 shares during the period. Alaska Permanent Fund Corp’s holdings in Kimberly-Clark were worth $1,987,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC purchased a new position in shares of Kimberly-Clark in the fourth quarter worth about $668,000. Parkside Financial Bank & Trust lifted its stake in Kimberly-Clark by 39.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,736 shares of the company’s stock worth $211,000 after purchasing an additional 491 shares in the last quarter. SlateStone Wealth LLC increased its holdings in shares of Kimberly-Clark by 15.2% in the fourth quarter. SlateStone Wealth LLC now owns 15,810 shares of the company’s stock valued at $1,921,000 after purchasing an additional 2,085 shares during the last quarter. PDS Planning Inc grew its holdings in shares of Kimberly-Clark by 24.8% in the fourth quarter. PDS Planning Inc now owns 2,795 shares of the company’s stock valued at $340,000 after purchasing an additional 556 shares during the period. Finally, Aspire Private Capital LLC raised its stake in Kimberly-Clark by 3.2% during the fourth quarter. Aspire Private Capital LLC now owns 5,246 shares of the company’s stock worth $638,000 after purchasing an additional 161 shares during the period. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Citigroup raised their price target on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a report on Wednesday. HSBC raised their price objective on Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft upped their target price on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research report on Thursday, March 28th. Royal Bank of Canada lifted their price target on shares of Kimberly-Clark from $123.00 to $126.00 and gave the company a “sector perform” rating in a research report on Wednesday. Finally, Barclays upped their price objective on shares of Kimberly-Clark from $132.00 to $136.00 and gave the stock an “equal weight” rating in a report on Thursday. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $135.50.

Kimberly-Clark Trading Down 1.0 %

KMB opened at $136.43 on Friday. The business has a fifty day moving average price of $125.53 and a 200 day moving average price of $122.75. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.09. The stock has a market capitalization of $45.94 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 4.05 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. The business had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The business’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the previous year, the company posted $1.67 earnings per share. Sell-side analysts expect that Kimberly-Clark Co. will post 6.92 earnings per share for the current fiscal year.

Insider Buying and Selling at Kimberly-Clark

In other news, Director Mark T. Smucker acquired 827 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, with a total value of $100,050.46. Following the transaction, the director now owns 827 shares in the company, valued at $100,050.46. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark T. Smucker purchased 827 shares of the stock in a transaction that occurred on Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, with a total value of $100,050.46. Following the completion of the acquisition, the director now directly owns 827 shares of the company’s stock, valued at $100,050.46. The disclosure for this purchase can be found here. Insiders own 0.62% of the company’s stock.

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.