R.H. Dinel Investment Counsel Inc. Trims Stock Holdings in Kimberly-Clark Corporation $KMB

R.H. Dinel Investment Counsel Inc. decreased its position in Kimberly-Clark Corporation (NASDAQ:KMB) by 53.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,775 shares of the company’s stock after selling 6,641 shares during the quarter. R.H. Dinel Investment Counsel Inc.’s holdings in Kimberly-Clark were worth $583,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new stake in shares of Kimberly-Clark in the 3rd quarter worth about $25,000. True Wealth Design LLC increased its stake in shares of Kimberly-Clark by 177.6% in the 3rd quarter. True Wealth Design LLC now owns 211 shares of the company’s stock worth $26,000 after acquiring an additional 135 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in Kimberly-Clark during the 2nd quarter valued at about $27,000. Investors Research Corp bought a new stake in Kimberly-Clark during the fourth quarter worth about $33,000. Finally, West Oak Capital LLC boosted its stake in Kimberly-Clark by 69.7% during the third quarter. West Oak Capital LLC now owns 280 shares of the company’s stock worth $35,000 after acquiring an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock opened at $98.66 on Monday. The company has a 50-day simple moving average of $103.43 and a two-hundred day simple moving average of $107.86. The stock has a market capitalization of $32.75 billion, a PE ratio of 16.25, a price-to-earnings-growth ratio of 3.51 and a beta of 0.24. Kimberly-Clark Corporation has a 52-week low of $96.26 and a 52-week high of $147.12. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.54 and a current ratio of 0.75.

Kimberly-Clark (NASDAQ:KMB) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.05. The firm had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $4.11 billion. Kimberly-Clark had a net margin of 11.73% and a return on equity of 170.48%. The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.50 earnings per share. On average, analysts anticipate that Kimberly-Clark Corporation will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th will be paid a dividend of $1.28 per share. The ex-dividend date is Friday, March 6th. This represents a $5.12 annualized dividend and a yield of 5.2%. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.26. Kimberly-Clark’s dividend payout ratio (DPR) is 84.35%.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Scribner sold 3,049 shares of Kimberly-Clark stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $104.29, for a total value of $317,980.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on KMB. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kimberly-Clark in a research note on Friday. Citigroup dropped their price target on Kimberly-Clark from $95.00 to $90.00 and set a “sell” rating on the stock in a research report on Wednesday, January 14th. BNP Paribas Exane restated a “neutral” rating and issued a $110.00 price target on shares of Kimberly-Clark in a research note on Monday, December 1st. UBS Group raised their price objective on Kimberly-Clark from $107.00 to $110.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Finally, Piper Sandler dropped their target price on Kimberly-Clark from $133.00 to $114.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and an average target price of $116.42.

Kimberly-Clark Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.