Capital International Inc. CA Buys 1,441 Shares of Kimberly-Clark Co. (NYSE:KMB)

Capital International Inc. CA raised its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 20.9% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 8,326 shares of the company’s stock after purchasing an additional 1,441 shares during the period. Capital International Inc. CA’s holdings in Kimberly-Clark were worth $1,077,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of KMB. Rise Advisors LLC boosted its holdings in Kimberly-Clark by 926.3% in the 1st quarter. Rise Advisors LLC now owns 195 shares of the company’s stock worth $25,000 after buying an additional 176 shares during the period. Cranbrook Wealth Management LLC grew its position in shares of Kimberly-Clark by 90.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Accordant Advisory Group Inc purchased a new position in Kimberly-Clark in the 1st quarter worth approximately $27,000. Crewe Advisors LLC bought a new position in Kimberly-Clark in the 1st quarter worth approximately $27,000. Finally, Wetzel Investment Advisors Inc. purchased a new stake in Kimberly-Clark during the 4th quarter valued at approximately $35,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Insider Activity

In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 6,390 shares of Kimberly-Clark stock in a transaction on Monday, April 29th. The stock was sold at an average price of $135.59, for a total transaction of $866,420.10. Following the completion of the sale, the insider now directly 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 SEC, which is available at the SEC website. In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 6,390 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $135.59, for a total transaction of $866,420.10. Following the transaction, the insider now directly owns 33,649 shares in the company, valued at approximately $4,562,467.91. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Doug Cunningham sold 1,040 shares of the business’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $136.86, for a total transaction of $142,334.40. Following the completion of the sale, the insider now owns 3,833 shares of the company’s stock, valued at approximately $524,584.38. The disclosure for this sale can be found here. Over the last quarter, insiders sold 51,462 shares of company stock valued at $7,206,653. Corporate insiders own 0.62% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on KMB. Citigroup boosted their target price on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a report on Wednesday, April 24th. Barclays reduced their target price on Kimberly-Clark from $136.00 to $135.00 and set an “equal weight” rating on the stock in a report on Friday, July 19th. Wells Fargo & Company cut their price target on Kimberly-Clark from $138.00 to $134.00 and set an “equal weight” rating for the company in a report on Wednesday. BNP Paribas initiated coverage on shares of Kimberly-Clark in a report on Monday, June 24th. They issued a “neutral” rating and a $146.00 target price for the company. Finally, StockNews.com lowered shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 20th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $145.67.

Kimberly-Clark Trading Up 0.5 %

Shares of NYSE:KMB traded up $0.74 during trading hours on Friday, hitting $141.81. 2,064,513 shares of the company’s stock traded hands, compared to its average volume of 2,201,267. The company has a debt-to-equity ratio of 5.59, a current ratio of 0.85 and a quick ratio of 0.54. The business has a fifty day moving average price of $137.81 and a 200-day moving average price of $130.18. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $145.62. The firm has a market capitalization of $47.76 billion, a P/E ratio of 26.07, a price-to-earnings-growth ratio of 3.01 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, July 23rd. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.71 by $0.25. Kimberly-Clark had a return on equity of 223.55% and a net margin of 11.28%. The company had revenue of $5.03 billion during the quarter, compared to analysts’ expectations of $5.10 billion. During the same quarter in the previous year, the business earned $1.65 EPS. Kimberly-Clark’s revenue was down 2.0% compared to the same quarter last year. Equities analysts expect that Kimberly-Clark Co. will post 7.21 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Friday, June 7th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 89.71%.

About Kimberly-Clark

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.