River Wealth Advisors LLC Lowers Holdings in Kimberly Clark Corp (KMB)

River Wealth Advisors LLC decreased its position in Kimberly Clark Corp (NYSE:KMB) by 4.0% during the 1st quarter, Holdings Channel reports. The firm owned 3,955 shares of the company’s stock after selling 165 shares during the quarter. River Wealth Advisors LLC’s holdings in Kimberly Clark were worth $490,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of KMB. Vanguard Group Inc boosted its stake in shares of Kimberly Clark by 1.0% during the third quarter. Vanguard Group Inc now owns 26,068,811 shares of the company’s stock valued at $2,962,461,000 after acquiring an additional 264,393 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Kimberly Clark by 3.4% during the fourth quarter. BlackRock Inc. now owns 24,634,126 shares of the company’s stock valued at $2,806,813,000 after acquiring an additional 800,098 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Kimberly Clark by 0.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,183,043 shares of the company’s stock valued at $590,557,000 after acquiring an additional 47,837 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Kimberly Clark by 11,155.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,310,008 shares of the company’s stock valued at $38,000 after acquiring an additional 4,271,714 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Kimberly Clark by 8.1% during the fourth quarter. Geode Capital Management LLC now owns 4,135,213 shares of the company’s stock valued at $470,390,000 after acquiring an additional 308,810 shares during the last quarter. 73.60% of the stock is currently owned by institutional investors.

A number of analysts recently commented on KMB shares. Barclays reaffirmed a “hold” rating and set a $109.00 price objective on shares of Kimberly Clark in a research note on Friday, January 25th. Morgan Stanley increased their price objective on Kimberly Clark from $113.00 to $124.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 12th. BNP Paribas started coverage on Kimberly Clark in a research note on Monday, February 11th. They set an “outperform” rating and a $130.00 price objective on the stock. Wells Fargo & Co reaffirmed a “hold” rating and set a $105.00 price objective on shares of Kimberly Clark in a research note on Wednesday, January 23rd. Finally, Argus raised Kimberly Clark from a “hold” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Tuesday, April 23rd. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. Kimberly Clark has an average rating of “Hold” and an average target price of $120.24.



In other Kimberly Clark news, SVP Sandra Macquillan sold 16,848 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $128.76, for a total transaction of $2,169,348.48. Following the completion of the sale, the senior vice president now owns 26,934 shares in the company, valued at approximately $3,468,021.84. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Thomas J. Falk sold 303,578 shares of the firm’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $125.66, for a total value of $38,147,611.48. Following the sale, the insider now owns 83,717 shares of the company’s stock, valued at approximately $10,519,878.22. The disclosure for this sale can be found here. Insiders have sold 414,625 shares of company stock worth $52,290,397 over the last quarter. 0.85% of the stock is currently owned by company insiders.

NYSE KMB opened at $130.08 on Wednesday. Kimberly Clark Corp has a twelve month low of $99.36 and a twelve month high of $132.47. The stock has a market cap of $44.33 billion, a P/E ratio of 19.68, a price-to-earnings-growth ratio of 3.76 and a beta of 0.61. The company has a current ratio of 0.73, a quick ratio of 0.47 and a debt-to-equity ratio of 51.24.

Kimberly Clark (NYSE:KMB) last released its earnings results on Monday, April 22nd. The company reported $1.66 earnings per share for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.55 billion. During the same period in the prior year, the business posted $1.71 earnings per share. The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. On average, equities analysts anticipate that Kimberly Clark Corp will post 6.66 EPS for the current year.

The firm also recently announced 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 is Thursday, June 6th. This represents a $4.12 annualized dividend and a yield of 3.17%. Kimberly Clark’s dividend payout ratio (DPR) is presently 62.33%.

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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.

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Institutional Ownership by Quarter for Kimberly Clark (NYSE:KMB)

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