Kimberly-Clark Co. (NYSE:KMB) Shares Bought by CreativeOne Wealth LLC

CreativeOne Wealth LLC grew its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 103.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,836 shares of the company’s stock after purchasing an additional 2,968 shares during the quarter. CreativeOne Wealth LLC’s holdings in Kimberly-Clark were worth $709,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cranbrook Wealth Management LLC increased its holdings 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 acquiring an additional 100 shares during the period. Wetzel Investment Advisors Inc. acquired a new position in shares of Kimberly-Clark in the 4th quarter valued at $35,000. Bruce G. Allen Investments LLC acquired a new position in shares of Kimberly-Clark in the 4th quarter valued at $37,000. Northwest Financial Advisors acquired a new position in shares of Kimberly-Clark in the 4th quarter valued at $40,000. Finally, Operose Advisors LLC grew its position in Kimberly-Clark by 122.5% in the 3rd quarter. Operose Advisors LLC now owns 356 shares of the company’s stock valued at $43,000 after buying an additional 196 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analysts Set New Price Targets

KMB has been the topic of a number of analyst reports. Evercore ISI upgraded shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and lifted their price objective for the company from $133.00 to $150.00 in a research report on Thursday, March 28th. StockNews.com lowered shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Citigroup boosted their target price on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a research report on Wednesday, April 24th. Wells Fargo & Company boosted their target price on shares of Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 24th. Finally, Bank of America boosted their target price on shares of Kimberly-Clark from $110.00 to $115.00 and gave the stock an “underperform” rating in a research report on Wednesday, April 24th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $134.85.

Kimberly-Clark Trading Up 0.1 %

Shares of KMB stock opened at $133.85 on Thursday. The firm’s 50 day moving average price is $130.37 and its two-hundred day moving average price is $124.77. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $140.46. 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 $45.07 billion, a price-to-earnings ratio of 24.60, a price-to-earnings-growth ratio of 3.59 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB) last posted its earnings results 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 for the quarter, compared to analysts’ expectations of $5.08 billion. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The business’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.67 earnings per share. On average, analysts anticipate that Kimberly-Clark Co. will post 7.03 EPS for the current year.

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 7th will be issued a $1.22 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $4.88 annualized dividend and a yield of 3.65%. Kimberly-Clark’s dividend payout ratio is presently 89.71%.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction on 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 sale, the insider now owns 795 shares in the company, valued at $109,050.15. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction on 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 sale, the insider now owns 795 shares in the company, valued at $109,050.15. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Katy Chen sold 454 shares of the company’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $135.24, for a total transaction of $61,398.96. Following the transaction, the insider now owns 520 shares of the company’s stock, valued at approximately $70,324.80. The disclosure for this sale can be found here. Insiders have sold 24,395 shares of company stock valued at $3,332,776 over the last ninety days. Corporate 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.