Central Valley Advisors LLC Takes $219,000 Position in Kimberly-Clark Co. (NYSE:KMB)

Central Valley Advisors LLC bought a new stake in shares of Kimberly-Clark Co. (NYSE:KMB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,802 shares of the company’s stock, valued at approximately $219,000.

Several other large investors have also modified their holdings of the stock. Cranbrook Wealth Management LLC increased its stake in Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new position in shares of Kimberly-Clark in the fourth quarter worth approximately $35,000. Bruce G. Allen Investments LLC purchased a new stake in shares of Kimberly-Clark in the 4th quarter valued at approximately $37,000. Northwest Financial Advisors acquired a new position in Kimberly-Clark in the 4th quarter worth approximately $40,000. Finally, Operose Advisors LLC grew its position in Kimberly-Clark by 122.5% during the 3rd quarter. Operose Advisors LLC now owns 356 shares of the company’s stock worth $43,000 after purchasing an additional 196 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on KMB shares. Barclays increased their target price on Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a report on Thursday, April 25th. JPMorgan Chase & Co. increased their price target on shares of Kimberly-Clark from $115.00 to $123.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 24th. StockNews.com upgraded shares of Kimberly-Clark from a “buy” rating to a “strong-buy” rating in a research note on Monday, May 13th. Piper Sandler boosted their price target 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. Finally, The Goldman Sachs Group increased their price objective on Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Wednesday, April 24th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $134.85.

Insider Activity

In other news, insider Paula Ramos sold 10,178 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 795 shares of the company’s stock, valued at $109,050.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Katy Chen sold 454 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $135.24, for a total value of $61,398.96. Following the completion of the transaction, the insider now directly owns 520 shares of the company’s stock, valued at $70,324.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Paula Ramos sold 10,178 shares of the firm’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 $109,050.15. The disclosure for this sale can be found here. Over the last three months, insiders sold 24,395 shares of company stock valued at $3,332,776. 0.62% of the stock is owned by company insiders.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock traded down $0.25 on Wednesday, reaching $133.49. The stock had a trading volume of 536,425 shares, compared to its average volume of 2,139,693. 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 business’s 50-day moving average price is $130.25 and its two-hundred day moving average price is $124.71. The stock has a market cap of $44.95 billion, a P/E ratio of 24.53, a price-to-earnings-growth ratio of 3.58 and a beta of 0.38. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $140.46.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates 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 was down .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.67 EPS. On average, sell-side analysts forecast that Kimberly-Clark Co. will post 7.03 EPS for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th will be issued a dividend of $1.22 per share. The ex-dividend date is Friday, June 7th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.66%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 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.