Brighton Jones LLC Grows Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Brighton Jones LLC increased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 25.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,327 shares of the company’s stock after acquiring an additional 1,097 shares during the quarter. Brighton Jones LLC’s holdings in Kimberly-Clark were worth $647,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its holdings in Kimberly-Clark by 2.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 7,191,478 shares of the company’s stock worth $869,090,000 after acquiring an additional 177,712 shares in the last quarter. American Century Companies Inc. raised 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 worth $603,815,000 after buying an additional 641,187 shares during the last quarter. Morgan Stanley grew its holdings in shares of Kimberly-Clark by 4.6% during the third quarter. Morgan Stanley now owns 4,884,941 shares of the company’s stock valued at $590,345,000 after buying an additional 212,739 shares during the last quarter. Northern Trust Corp increased its position in shares of Kimberly-Clark by 4.0% in the 3rd quarter. Northern Trust Corp now owns 4,051,719 shares of the company’s stock valued at $489,650,000 after acquiring an additional 155,066 shares during the period. Finally, Federated Hermes Inc. raised its stake in Kimberly-Clark by 4.5% in the 3rd quarter. Federated Hermes Inc. now owns 3,434,571 shares of the company’s stock worth $415,068,000 after acquiring an additional 148,076 shares during the last quarter. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Down 0.0 %

Shares of NYSE KMB opened at $136.47 on Thursday. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $147.02. The company has a market capitalization of $45.95 billion, a P/E ratio of 25.09, a P/E/G ratio of 3.89 and a beta of 0.38. The company has a 50 day simple moving average of $126.88 and a 200-day simple moving average of $123.24. 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 (NYSE:KMB) last posted its earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The company had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter last year, the firm earned $1.67 earnings per share. The firm’s quarterly revenue was down .9% compared to the same quarter last year. On average, equities research analysts predict that Kimberly-Clark Co. will post 7 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. UBS Group lifted their target price on Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Wednesday, April 24th. HSBC raised their target price on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. Bank of America upped their price target on shares of Kimberly-Clark from $110.00 to $115.00 and gave the company an “underperform” rating in a report on Wednesday, April 24th. Piper Sandler lifted their price objective on Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a research note on Thursday, March 28th. Finally, JPMorgan Chase & Co. upped their target price on Kimberly-Clark from $115.00 to $123.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 24th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $134.85.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 454 shares of the stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $135.24, for a total transaction of $61,398.96. Following the completion of the transaction, the insider now owns 520 shares of the company’s stock, valued at $70,324.80. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, insider Paula Ramos sold 10,178 shares of the 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 transaction, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Katy Chen sold 454 shares of the firm’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $135.24, for a total value of $61,398.96. Following the transaction, the insider now owns 520 shares of the company’s stock, valued at $70,324.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,062 shares of company stock worth $2,466,270. Company 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.