Kimberly Clark Corp (NYSE:KMB) insider Kimberly K. Underhill sold 11,715 shares of the stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $148.00, for a total transaction of $1,733,820.00. Following the completion of the sale, the insider now directly owns 44,773 shares in the company, valued at $6,626,404. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
NYSE KMB opened at $152.04 on Thursday. The company has a debt-to-equity ratio of 14.59, a quick ratio of 0.63 and a current ratio of 0.91. The firm’s 50 day moving average price is $142.15 and its 200-day moving average price is $139.20. Kimberly Clark Corp has a 52-week low of $110.66 and a 52-week high of $152.73. The company has a market cap of $51.61 billion, a PE ratio of 20.44, a P/E/G ratio of 3.52 and a beta of 0.49.
Kimberly Clark (NYSE:KMB) last announced its earnings results on Thursday, July 23rd. The company reported $2.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.80 by $0.40. The company had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $4.48 billion. Kimberly Clark had a net margin of 13.58% and a return on equity of 1,319.56%. Kimberly Clark’s revenue was up .4% compared to the same quarter last year. During the same period last year, the firm earned $1.67 earnings per share. On average, analysts forecast that Kimberly Clark Corp will post 7.69 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently made changes to their positions in the business. First Trust Advisors LP boosted its stake in Kimberly Clark by 4.6% in the second quarter. First Trust Advisors LP now owns 376,086 shares of the company’s stock valued at $53,160,000 after acquiring an additional 16,399 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in Kimberly Clark in the first quarter valued at approximately $1,099,000. Ellevest Inc. boosted its stake in Kimberly Clark by 8.3% in the first quarter. Ellevest Inc. now owns 1,802 shares of the company’s stock valued at $230,000 after acquiring an additional 138 shares in the last quarter. Kwmg LLC boosted its stake in Kimberly Clark by 7.1% in the second quarter. Kwmg LLC now owns 24,713 shares of the company’s stock valued at $3,493,000 after acquiring an additional 1,645 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in shares of Kimberly Clark by 17.1% in the second quarter. State of Alaska Department of Revenue now owns 115,722 shares of the company’s stock worth $16,356,000 after buying an additional 16,882 shares during the last quarter. Institutional investors own 71.05% of the company’s stock.
About Kimberly Clark
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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