Kimberly Clark Corp (KMB) Insider Sells $887,361.72 in Stock

Kimberly Clark Corp (NYSE:KMB) insider Aaron Powell sold 6,986 shares of the stock in a transaction on Friday, May 10th. The stock was sold at an average price of $127.02, for a total value of $887,361.72. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Shares of KMB stock opened at $128.67 on Thursday. The company has a quick ratio of 0.47, a current ratio of 0.73 and a debt-to-equity ratio of 51.24. Kimberly Clark Corp has a twelve month low of $99.36 and a twelve month high of $132.47. The firm has a market cap of $44.01 billion, a P/E ratio of 19.47, a price-to-earnings-growth ratio of 3.73 and a beta of 0.61.

Kimberly Clark (NYSE:KMB) last announced its quarterly earnings data on Monday, April 22nd. The company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.12. Kimberly Clark had a return on equity of 5,637.04% and a net margin of 9.63%. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.55 billion. During the same period in the prior year, the company earned $1.71 EPS. Kimberly Clark’s revenue for the quarter was down 2.1% on a year-over-year basis. On average, research analysts expect that Kimberly Clark Corp will post 6.66 earnings per share for the current fiscal year.



The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 7th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $4.12 annualized dividend and a dividend yield of 3.20%. Kimberly Clark’s dividend payout ratio is currently 62.33%.

Several research firms have recently issued reports on KMB. Macquarie raised Kimberly Clark from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $102.00 to $142.00 in a report on Tuesday, April 23rd. Argus raised Kimberly Clark from a “hold” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Tuesday, April 23rd. ValuEngine raised Kimberly Clark from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Citigroup increased their target price on Kimberly Clark from $102.00 to $116.00 and gave the stock a “sell” rating in a report on Tuesday, April 23rd. Finally, Zacks Investment Research lowered Kimberly Clark from a “buy” rating to a “hold” rating in a report on Thursday, April 18th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. Kimberly Clark has a consensus rating of “Hold” and an average target price of $120.24.

Several hedge funds have recently made changes to their positions in KMB. Thoroughbred Financial Services LLC raised its position in Kimberly Clark by 1.1% in the first quarter. Thoroughbred Financial Services LLC now owns 8,033 shares of the company’s stock valued at $995,000 after purchasing an additional 84 shares during the last quarter. Coldstream Capital Management Inc. raised its position in Kimberly Clark by 4.3% in the first quarter. Coldstream Capital Management Inc. now owns 2,061 shares of the company’s stock valued at $255,000 after purchasing an additional 85 shares during the last quarter. Winslow Evans & Crocker Inc. raised its position in Kimberly Clark by 5.8% in the first quarter. Winslow Evans & Crocker Inc. now owns 1,560 shares of the company’s stock valued at $194,000 after purchasing an additional 86 shares during the last quarter. Signature Wealth Management Group raised its position in Kimberly Clark by 0.3% in the fourth quarter. Signature Wealth Management Group now owns 28,005 shares of the company’s stock valued at $3,191,000 after purchasing an additional 88 shares during the last quarter. Finally, Rehmann Capital Advisory Group raised its position in Kimberly Clark by 4.5% in the fourth quarter. Rehmann Capital Advisory Group now owns 2,056 shares of the company’s stock valued at $234,000 after purchasing an additional 89 shares during the last quarter. Institutional investors and hedge funds own 73.60% of the company’s stock.

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Kimberly Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.

See Also: P/E Growth (PEG)

Insider Buying and Selling by Quarter for Kimberly Clark (NYSE:KMB)

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