Certuity LLC Acquires New Stake in Kimberly-Clark Co. (NYSE:KMB)

Certuity LLC bought a new position in shares of Kimberly-Clark Co. (NYSE:KMB) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 2,225 shares of the company’s stock, valued at approximately $270,000.

A number of other institutional investors have also recently made changes to their positions in the stock. OFI Invest Asset Management bought a new stake in Kimberly-Clark during the third quarter valued at $25,000. Cranbrook Wealth Management LLC lifted its stake in shares of Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the period. Centerpoint Advisors LLC grew its stake in Kimberly-Clark by 175.0% during the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after purchasing an additional 175 shares during the period. Wetzel Investment Advisors Inc. bought a new stake in Kimberly-Clark in the fourth quarter worth approximately $35,000. Finally, Legacy Financial Group LLC acquired a new position in Kimberly-Clark in the third quarter valued at approximately $37,000. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

NYSE:KMB opened at $136.47 on Thursday. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $147.02. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05. The stock has a market cap of $45.95 billion, a P/E ratio of 25.09, a PEG ratio of 3.89 and a beta of 0.38. The business’s 50-day moving average price is $126.88 and its two-hundred day moving average price is $123.24.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter in the prior year, the firm earned $1.67 earnings per share. The firm’s revenue was down .9% on a year-over-year basis. As a group, equities analysts predict that Kimberly-Clark Co. will post 7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on KMB shares. Citigroup upped their price objective on shares of Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a report on Wednesday, April 24th. UBS Group boosted their price objective on Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th. Barclays lifted their price target on shares of Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a research report on Thursday, April 25th. The Goldman Sachs Group upped their price objective on shares of Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Wednesday, April 24th. Finally, Piper Sandler lifted their price objective on shares of Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a report on Thursday, March 28th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and a consensus price target of $134.85.

Insider Activity at Kimberly-Clark

In other news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total value of $1,396,116.26. Following the transaction, the insider now owns 795 shares in the company, valued at $109,050.15. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 6,390 shares of the stock in a transaction on Monday, April 29th. The shares were sold at an average price of $135.59, for a total transaction of $866,420.10. Following the completion of the sale, the insider now owns 33,649 shares of the company’s stock, valued at approximately $4,562,467.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the completion of the transaction, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,062 shares of company stock valued at $2,466,270. Insiders own 0.62% of the company’s stock.

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.