2,249 Shares in Kimberly-Clark Co. (NYSE:KMB) Acquired by Barlow Wealth Partners Inc.

Barlow Wealth Partners Inc. bought a new stake in shares of Kimberly-Clark Co. (NYSE:KMB) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,249 shares of the company’s stock, valued at approximately $273,000.

Several other institutional investors have also added to or reduced their stakes in the business. OFI Invest Asset Management purchased a new position in shares of Kimberly-Clark during the 3rd quarter valued at about $25,000. Cranbrook Wealth Management LLC boosted its position in shares of Kimberly-Clark by 90.9% in the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares during the period. Centerpoint Advisors LLC increased its stake in shares of Kimberly-Clark by 175.0% in the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after purchasing an additional 175 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new stake in shares of Kimberly-Clark during the 4th quarter valued at $35,000. Finally, Bruce G. Allen Investments LLC purchased a new position in shares of Kimberly-Clark during the 4th quarter valued at $37,000. 76.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Wells Fargo & Company raised their price target on Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a report on Wednesday, April 24th. StockNews.com raised Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Thursday, April 11th. HSBC increased their target price on Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. Piper Sandler boosted their price target on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. Finally, Barclays increased their price objective 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. Three investment 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 an average price target of $134.85.

Insider Buying and Selling

In other news, 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 value of $1,396,116.26. Following the completion of the sale, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction on 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 completion of the transaction, the insider now directly 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 at this hyperlink. Also, VP Andrew Drexler sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $136.83, for a total value of $342,075.00. Following the sale, the vice president now directly owns 8,053 shares in the company, valued at approximately $1,101,891.99. The disclosure for this sale can be found here. Insiders sold a total of 20,562 shares of company stock valued at $2,808,345 over the last three months. 0.62% of the stock is owned by company insiders.

Kimberly-Clark Trading Down 0.0 %

Kimberly-Clark stock traded down $0.02 during mid-day trading on Tuesday, hitting $135.95. The company’s stock had a trading volume of 2,614,132 shares, compared to its average volume of 2,224,297. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81. The company has a 50 day moving average of $128.07 and a 200-day moving average of $123.62. Kimberly-Clark Co. has a one year low of $116.32 and a one year high of $145.67. The stock has a market cap of $45.78 billion, a PE ratio of 24.99, a P/E/G ratio of 3.87 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB) last issued 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. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The business had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same period last year, the company posted $1.67 earnings per share. The company’s quarterly revenue was down .9% compared to the same quarter last year. On average, research analysts anticipate that Kimberly-Clark Co. will post 7 EPS for the current year.

Kimberly-Clark Announces Dividend

The company also recently disclosed 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 is Friday, June 7th. This represents a $4.88 annualized dividend and a dividend yield of 3.59%. Kimberly-Clark’s payout ratio is currently 89.71%.

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.