Kimberly-Clark Corp. (NYSE:KMB) SVP Thomas J. Mielke sold 11,946 shares of the stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $113.34, for a total value of $1,353,959.64. Following the sale, the senior vice president now directly owns 30,091 shares of the company’s stock, valued at $3,410,513.94. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Kimberly-Clark Corp. (NYSE:KMB) traded up 0.65% during midday trading on Tuesday, reaching $114.54. The company’s stock had a trading volume of 1,422,523 shares. Kimberly-Clark Corp. has a one year low of $111.30 and a one year high of $138.87. The firm has a 50-day moving average of $116.99 and a 200-day moving average of $126.33. The stock has a market cap of $41.02 billion, a PE ratio of 20.83 and a beta of 0.61.

Kimberly-Clark Corp. (NYSE:KMB) last issued its quarterly earnings results on Monday, October 24th. The company reported $1.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.54 by $0.02. Kimberly-Clark Corp. had a net margin of 10.96% and a return on equity of 648.51%. The business earned $4.60 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same period last year, the firm posted $1.51 earnings per share. Kimberly-Clark Corp.’s quarterly revenue was down 2.5% compared to the same quarter last year. On average, analysts forecast that Kimberly-Clark Corp. will post $6.00 EPS for the current year.

Insider Buying and Selling by Quarter for Kimberly-Clark Corp. (NYSE:KMB)

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 4th. Shareholders of record on Friday, December 9th will be paid a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 3.21%. The ex-dividend date is Wednesday, December 7th. Kimberly-Clark Corp.’s dividend payout ratio (DPR) is presently 67.03%.

A number of analysts recently issued reports on KMB shares. Goldman Sachs Group Inc. reissued a “buy” rating and set a $145.00 target price on shares of Kimberly-Clark Corp. in a research note on Tuesday, October 25th. Societe Generale reissued a “buy” rating and set a $139.00 target price on shares of Kimberly-Clark Corp. in a research note on Thursday, October 27th. Deutsche Bank AG decreased their price target on shares of Kimberly-Clark Corp. from $132.00 to $120.00 and set a “hold” rating for the company in a research note on Tuesday, October 25th. RBC Capital Markets set a $118.00 price target on shares of Kimberly-Clark Corp. and gave the stock a “hold” rating in a research note on Tuesday, October 25th. Finally, Zacks Investment Research raised shares of Kimberly-Clark Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, July 28th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $132.60.

Institutional investors have recently modified their holdings of the stock. Springbok Capital Management LLC raised its position in shares of Kimberly-Clark Corp. by 30.3% in the first quarter. Springbok Capital Management LLC now owns 1,993 shares of the company’s stock valued at $268,000 after buying an additional 463 shares during the period. Panagora Asset Management Inc. increased its stake in Kimberly-Clark Corp. by 90.9% in the first quarter. Panagora Asset Management Inc. now owns 203,925 shares of the company’s stock valued at $27,430,000 after buying an additional 97,113 shares in the last quarter. Seven Eight Capital LLC purchased a new stake in Kimberly-Clark Corp. during the first quarter valued at approximately $659,000. Ladenburg Thalmann Financial Services Inc. increased its stake in Kimberly-Clark Corp. by 9.6% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 110,079 shares of the company’s stock valued at $14,818,000 after buying an additional 9,636 shares in the last quarter. Finally, Logan Capital Management Inc. increased its stake in Kimberly-Clark Corp. by 0.4% in the first quarter. Logan Capital Management Inc. now owns 35,300 shares of the company’s stock valued at $4,748,000 after buying an additional 125 shares in the last quarter. 67.57% of the stock is currently owned by hedge funds and other institutional investors.

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About Kimberly-Clark Corp.

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company operates through three segments: Personal Care, Consumer Tissue and K-C Professional. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

5 Day Chart for NYSE:KMB

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