Barlow Wealth Partners Inc. Purchases Shares of 2,249 Kimberly-Clark Co. (NYSE:KMB)

Barlow Wealth Partners Inc. bought a new position in Kimberly-Clark Co. (NYSE:KMB) during the 4th quarter, Holdings Channel reports. The firm bought 2,249 shares of the company’s stock, valued at approximately $273,000.

A number of other large investors have also bought and sold shares of the business. Emerald Advisors LLC increased its stake in shares of Kimberly-Clark by 4.7% in the 4th quarter. Emerald Advisors LLC now owns 2,016 shares of the company’s stock valued at $245,000 after buying an additional 90 shares during the period. Aaron Wealth Advisors LLC lifted its position in Kimberly-Clark by 1.5% during the 4th quarter. Aaron Wealth Advisors LLC now owns 6,418 shares of the company’s stock valued at $780,000 after purchasing an additional 93 shares during the period. Motco boosted its stake in shares of Kimberly-Clark by 6.9% in the 3rd quarter. Motco now owns 1,463 shares of the company’s stock valued at $177,000 after purchasing an additional 94 shares during the last quarter. S&CO Inc. grew its position in shares of Kimberly-Clark by 0.4% during the 3rd quarter. S&CO Inc. now owns 24,914 shares of the company’s stock worth $3,010,000 after buying an additional 100 shares during the period. Finally, Journey Advisory Group LLC raised its stake in shares of Kimberly-Clark by 4.3% during the third quarter. Journey Advisory Group LLC now owns 2,436 shares of the company’s stock worth $294,000 after buying an additional 100 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on KMB. Bank of America lifted their target price on shares of Kimberly-Clark from $110.00 to $115.00 and gave the stock an “underperform” rating in a report on Wednesday, April 24th. Deutsche Bank Aktiengesellschaft upped their price objective on Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a report on Thursday, March 28th. HSBC raised their target price on Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. The Goldman Sachs Group increased their price target on shares of Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Wednesday, April 24th. Finally, Citigroup upped their target price on shares of Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a research note on Wednesday, April 24th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $134.85.

Insider Buying and Selling at Kimberly-Clark

In other news, insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction on 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 owns 795 shares of the company’s stock, valued at $109,050.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Katy Chen sold 454 shares of the company’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $135.24, for a total transaction of $61,398.96. Following the sale, the insider now directly owns 520 shares in the company, valued at approximately $70,324.80. The disclosure for this sale can be found here. Over the last three months, insiders sold 20,562 shares of company stock worth $2,808,345. 0.62% of the stock is currently owned by insiders.

Kimberly-Clark Price Performance

NYSE KMB traded down $0.02 during trading on Tuesday, hitting $135.95. 2,614,132 shares of the company’s stock were exchanged, compared to its average volume of 2,224,297. The stock’s 50 day moving average price is $128.07 and its two-hundred day moving average price is $123.62. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $145.67. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. The company has a market cap of $45.78 billion, a PE ratio of 24.99, a P/E/G ratio of 3.87 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. The firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The company’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter last year, the business posted $1.67 earnings per share. Research analysts expect that Kimberly-Clark Co. will post 7 EPS for the current year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Friday, June 7th will be issued a $1.22 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $4.88 dividend on an annualized basis and a yield of 3.59%. Kimberly-Clark’s payout ratio is presently 89.71%.

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.