Cypress Capital LLC Acquires 498 Shares of Kimberly-Clark Co. (NYSE:KMB)

Cypress Capital LLC lifted its position in shares of Kimberly-Clark Co. (NYSE:KMBGet Rating) by 4.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,362 shares of the company’s stock after acquiring an additional 498 shares during the quarter. Cypress Capital LLC’s holdings in Kimberly-Clark were worth $1,399,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Bivin & Associates Inc. acquired a new stake in shares of Kimberly-Clark during the 4th quarter valued at $26,000. HWG Holdings LP acquired a new stake in shares of Kimberly-Clark during the 4th quarter valued at $29,000. Lumature Wealth Partners LLC boosted its holdings in shares of Kimberly-Clark by 66.4% during the 4th quarter. Lumature Wealth Partners LLC now owns 208 shares of the company’s stock valued at $30,000 after acquiring an additional 83 shares in the last quarter. Capital Analysts LLC boosted its holdings in shares of Kimberly-Clark by 88.1% during the 4th quarter. Capital Analysts LLC now owns 237 shares of the company’s stock valued at $34,000 after acquiring an additional 111 shares in the last quarter. Finally, Quent Capital LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter valued at $37,000. Institutional investors and hedge funds own 74.32% of the company’s stock.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock opened at $133.38 on Friday. Kimberly-Clark Co. has a one year low of $117.32 and a one year high of $145.79. The firm has a market capitalization of $45.03 billion, a price-to-earnings ratio of 25.21, a PEG ratio of 4.71 and a beta of 0.31. The business has a 50-day simple moving average of $131.77 and a 200 day simple moving average of $131.22. The company has a debt-to-equity ratio of 10.37, a current ratio of 0.79 and a quick ratio of 0.47.

Kimberly-Clark (NYSE:KMBGet Rating) last issued its earnings results on Tuesday, July 26th. The company reported $1.34 EPS for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.01). Kimberly-Clark had a net margin of 8.87% and a return on equity of 249.60%. The firm had revenue of $5.06 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the previous year, the firm earned $1.47 earnings per share. The business’s quarterly revenue was up 7.2% on a year-over-year basis. On average, research analysts anticipate that Kimberly-Clark Co. will post 5.64 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 4th. Investors of record on Friday, September 9th will be given a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend is Thursday, September 8th. Kimberly-Clark’s payout ratio is 87.71%.

Wall Street Analyst Weigh In

KMB has been the topic of several recent research reports. Royal Bank of Canada lifted their target price on Kimberly-Clark from $122.00 to $124.00 and gave the stock a “sector perform” rating in a report on Monday, April 25th. Wells Fargo & Company lifted their target price on Kimberly-Clark from $128.00 to $135.00 and gave the stock an “equal weight” rating in a report on Monday, April 25th. StockNews.com raised Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Friday, July 22nd. Morgan Stanley lifted their target price on Kimberly-Clark from $133.00 to $137.00 and gave the stock an “equal weight” rating in a report on Monday, April 25th. Finally, Barclays cut their target price on Kimberly-Clark from $129.00 to $124.00 and set an “equal weight” rating on the stock in a report on Monday, May 23rd. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, Kimberly-Clark presently has a consensus rating of “Hold” and an average price target of $131.14.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, CEO Michael D. Hsu sold 41,698 shares of the business’s stock in a transaction that occurred on Thursday, May 12th. The stock was sold at an average price of $140.08, for a total transaction of $5,841,055.84. Following the completion of the sale, the chief executive officer now directly owns 89,593 shares of the company’s stock, valued at approximately $12,550,187.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.55% of the stock is currently owned by corporate insiders.

Kimberly-Clark Profile

(Get Rating)

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

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

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