Bahl & Gaynor Inc. Sells 790 Shares of Kimberly-Clark Co. (NYSE:KMB)

Bahl & Gaynor Inc. reduced its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 4.9% during the 4th quarter, HoldingsChannel reports. The fund owned 15,362 shares of the company’s stock after selling 790 shares during the period. Bahl & Gaynor Inc.’s holdings in Kimberly-Clark were worth $1,867,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its stake in Kimberly-Clark by 204.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock worth $2,500,000 after acquiring an additional 13,806 shares during the last quarter. PFG Investments LLC increased its stake in Kimberly-Clark by 11.2% during the third quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock worth $252,000 after acquiring an additional 209 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new stake in Kimberly-Clark during the fourth quarter worth approximately $4,253,000. Rockline Wealth Management LLC bought a new stake in Kimberly-Clark during the fourth quarter worth approximately $1,661,000. Finally, Nordea Investment Management AB increased its stake in Kimberly-Clark by 28.3% during the fourth quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock worth $202,740,000 after acquiring an additional 368,505 shares during the last quarter. 76.29% of the stock is owned by institutional investors.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, Director Mark T. Smucker purchased 827 shares of Kimberly-Clark stock in a transaction dated Monday, January 29th. The shares were acquired at an average cost of $120.98 per share, with a total value of $100,050.46. Following the completion of the transaction, the director now owns 827 shares in the company, valued at approximately $100,050.46. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, insider Paula Ramos sold 10,178 shares of the company’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 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 legal filing with the SEC, which is available through this hyperlink. Also, Director Mark T. Smucker bought 827 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The stock was purchased at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the transaction, the director now owns 827 shares in the company, 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 Stock Performance

Shares of KMB stock opened at $135.24 on Friday. The business’s fifty day simple moving average is $125.86 and its 200-day simple moving average is $122.87. The company has a market cap of $45.54 billion, a PE ratio of 24.86, a PEG ratio of 3.90 and a beta of 0.40. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. Kimberly-Clark Co. has a 12-month low of $116.32 and a 12-month high of $147.09.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (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 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 quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.67 earnings per share. Analysts expect that Kimberly-Clark Co. will post 6.98 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on the company. StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. Wells Fargo & Company boosted their target price on Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a research report on Wednesday. HSBC boosted 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. Deutsche Bank Aktiengesellschaft boosted their price target on Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a report on Thursday, March 28th. Finally, UBS Group boosted their price target on Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Wednesday. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $134.85.

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.