Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Comprehensive Financial Consultants Institutional Inc.

Comprehensive Financial Consultants Institutional Inc. grew its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,093 shares of the company’s stock after purchasing an additional 81 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in Kimberly-Clark were worth $659,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Rise Advisors LLC increased its holdings in shares of Kimberly-Clark by 926.3% in the 1st quarter. Rise Advisors LLC now owns 195 shares of the company’s stock valued at $25,000 after acquiring an additional 176 shares during the period. Accordant Advisory Group Inc acquired a new position in shares of Kimberly-Clark in the 1st quarter valued at $27,000. Cranbrook Wealth Management LLC increased its holdings in shares of Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Wetzel Investment Advisors Inc. acquired a new position in shares of Kimberly-Clark in the 4th quarter valued at $35,000. Finally, Bruce G. Allen Investments LLC acquired a new position in shares of Kimberly-Clark in the 4th quarter valued at $37,000. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total value of $1,396,116.26. Following the sale, the insider now directly owns 795 shares in the company, valued at approximately $109,050.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, insider Jeffrey P. Melucci sold 6,390 shares of the business’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $135.59, for a total value of $866,420.10. Following the completion of the transaction, the insider now owns 33,649 shares of the company’s stock, valued at approximately $4,562,467.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction 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 approximately $109,050.15. The disclosure for this sale can be found here. Insiders have sold 24,395 shares of company stock worth $3,332,776 in the last three months. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark Price Performance

Shares of NYSE KMB traded up $0.15 during trading on Tuesday, hitting $139.43. 1,873,787 shares of the company were exchanged, compared to its average volume of 2,132,770. The company has a market cap of $46.95 billion, a price-to-earnings ratio of 25.63, a PEG ratio of 3.12 and a beta of 0.37. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $142.20. The firm’s fifty day moving average price is $136.28 and its 200 day moving average price is $128.46. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The business had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same period in the previous year, the firm earned $1.67 EPS. The business’s revenue for the quarter was down .9% compared to the same quarter last year. On average, sell-side analysts expect that Kimberly-Clark Co. will post 7.06 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Friday, June 7th were given a $1.22 dividend. The ex-dividend date of this dividend was Friday, June 7th. This represents a $4.88 annualized dividend and a dividend yield of 3.50%. Kimberly-Clark’s dividend payout ratio is presently 89.71%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Barclays lifted their target price on shares of Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a report on Thursday, April 25th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research report on Thursday, March 28th. Piper Sandler lifted their price objective on shares of Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. UBS Group lifted their price objective on shares of Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a research report on Wednesday, April 24th. Finally, Citigroup lifted their price objective on shares of Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a research report on Wednesday, April 24th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and a consensus price target of $141.64.

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.