American National Bank Buys 1,320 Shares of Kimberly-Clark Co. (NYSE:KMB)

American National Bank increased its stake in Kimberly-Clark Co. (NYSE:KMB) by 637.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,527 shares of the company’s stock after acquiring an additional 1,320 shares during the quarter. American National Bank’s holdings in Kimberly-Clark were worth $186,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KMB. Emerald Advisors LLC grew its stake in Kimberly-Clark by 4.7% in the 4th quarter. Emerald Advisors LLC now owns 2,016 shares of the company’s stock valued at $245,000 after buying an additional 90 shares in the last quarter. Aaron Wealth Advisors LLC grew its position in shares of Kimberly-Clark by 1.5% in the fourth quarter. Aaron Wealth Advisors LLC now owns 6,418 shares of the company’s stock valued at $780,000 after purchasing an additional 93 shares in the last quarter. Motco raised its stake in shares of Kimberly-Clark by 6.9% during the 3rd quarter. Motco now owns 1,463 shares of the company’s stock valued at $177,000 after purchasing an additional 94 shares during the period. S&CO Inc. lifted its holdings in Kimberly-Clark by 0.4% during the 3rd quarter. S&CO Inc. now owns 24,914 shares of the company’s stock worth $3,010,000 after purchasing an additional 100 shares in the last quarter. Finally, Journey Advisory Group LLC boosted its stake in Kimberly-Clark by 4.3% in the 3rd quarter. Journey Advisory Group LLC now owns 2,436 shares of the company’s stock worth $294,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on KMB. Royal Bank of Canada upped their price target on Kimberly-Clark from $123.00 to $126.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 24th. Bank of America raised 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 upped their price target on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. Barclays lifted their price objective on Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a research note on Thursday, April 25th. Finally, UBS Group upped their target price on Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 24th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Kimberly-Clark presently has an average rating of “Hold” and a consensus price target of $134.85.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, insider Doug Cunningham sold 3,833 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $136.82, for a total value of $524,431.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the company’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 sale, the insider now owns 795 shares in the company, valued at $109,050.15. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Doug Cunningham sold 3,833 shares of Kimberly-Clark stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $136.82, for a total transaction of $524,431.06. The disclosure for this sale can be found here. In the last ninety days, insiders sold 24,395 shares of company stock valued at $3,332,776. Company insiders own 0.62% of the company’s stock.

Kimberly-Clark Trading Down 0.3 %

Kimberly-Clark stock traded down $0.38 during trading hours on Friday, reaching $134.29. The stock had a trading volume of 1,418,797 shares, compared to its average volume of 2,397,580. The company has a fifty day simple moving average of $129.97 and a 200-day simple moving average of $124.48. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $145.28. The stock has a market cap of $45.22 billion, a PE ratio of 24.69, a PEG ratio of 3.60 and a beta of 0.38. 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 for the quarter, compared to analysts’ expectations of $5.08 billion. During the same period last year, the firm earned $1.67 earnings per share. Kimberly-Clark’s quarterly revenue was down .9% on a year-over-year basis. Analysts forecast that Kimberly-Clark Co. will post 7.03 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders 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 3.63%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 89.71%.

About Kimberly-Clark

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.