Alliance Wealth Advisors LLC UT Cuts Position in Kimberly-Clark Co. (NYSE:KMB)

Alliance Wealth Advisors LLC UT lessened its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,448 shares of the company’s stock after selling 178 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Kimberly-Clark were worth $1,634,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC grew its holdings in Kimberly-Clark by 204.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock valued at $2,500,000 after buying an additional 13,806 shares in the last quarter. PFG Investments LLC grew its holdings in Kimberly-Clark by 11.2% during the 3rd quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock valued at $252,000 after buying an additional 209 shares in the last quarter. Compagnie Lombard Odier SCmA purchased a new position in Kimberly-Clark during the 4th quarter valued at approximately $4,253,000. Rockline Wealth Management LLC purchased a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $1,661,000. Finally, Nordea Investment Management AB boosted its holdings in shares of Kimberly-Clark by 28.3% in the 4th quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock worth $202,740,000 after purchasing an additional 368,505 shares during the period. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Down 0.9 %

Shares of KMB traded down $1.19 during trading hours on Friday, hitting $135.24. The company had a trading volume of 2,123,919 shares, compared to its average volume of 2,437,404. The company has a market capitalization of $45.54 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 3.90 and a beta of 0.40. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. Kimberly-Clark Co. has a one year low of $116.32 and a one year high of $147.09. The company’s fifty day moving average price is $125.86 and its two-hundred day moving average price is $122.87.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results 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 return on equity of 250.28% and a net margin of 9.05%. The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.08 billion. During the same period in the previous year, the company posted $1.67 EPS. The business’s revenue for the quarter was down .9% compared to the same quarter last year. As a group, equities analysts forecast that Kimberly-Clark Co. will post 6.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on KMB. Deutsche Bank Aktiengesellschaft lifted their target price on Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a report on Thursday, March 28th. Piper Sandler lifted their target price on Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. Bank of America lifted their target price on Kimberly-Clark from $110.00 to $115.00 and gave the stock an “underperform” rating in a report on Wednesday. Wells Fargo & Company lifted their target price on Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Royal Bank of Canada lifted their target price on Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a report on Wednesday. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus target price of $134.85.

Insider Buying and Selling

In other Kimberly-Clark news, Director Mark T. Smucker bought 827 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The shares were purchased at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the purchase, the director now directly owns 827 shares in the company, valued at $100,050.46. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Mark T. Smucker purchased 827 shares of the company’s stock in a transaction on Monday, January 29th. The shares were acquired at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the purchase, the director now owns 827 shares in the company, valued at $100,050.46. The acquisition was disclosed in a filing with the SEC, which is available through 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 value of $1,396,116.26. Following the sale, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The disclosure for this sale can be found here. 0.62% of the stock is owned by company insiders.

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.