Imprint Wealth LLC Decreases Stake in Kimberly-Clark Co. (NYSE:KMB)

Imprint Wealth LLC lowered its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,589 shares of the company’s stock after selling 136 shares during the period. Imprint Wealth LLC’s holdings in Kimberly-Clark were worth $686,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in KMB. OFI Invest Asset Management purchased a new stake in Kimberly-Clark during the third quarter valued at $25,000. DHJJ Financial Advisors Ltd. bought a new stake in Kimberly-Clark during the third quarter valued at approximately $26,000. Cranbrook Wealth Management LLC increased its holdings in Kimberly-Clark by 90.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the last quarter. Centerpoint Advisors LLC raised its position in Kimberly-Clark by 175.0% in the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after acquiring an additional 175 shares during the period. Finally, Cornerstone Planning Group LLC purchased a new position in shares of Kimberly-Clark during the 2nd quarter worth $34,000. 76.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

KMB has been the subject of several analyst reports. Wells Fargo & Company upped their price objective on Kimberly-Clark from $125.00 to $131.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 28th. Deutsche Bank Aktiengesellschaft raised their price objective on Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research note on Thursday, March 28th. HSBC boosted their price objective on Kimberly-Clark from $134.00 to $146.00 and gave the company a “hold” rating in a research note on Thursday, March 28th. Piper Sandler raised their target price on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research note on Thursday, March 28th. Finally, StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $132.43.

Kimberly-Clark Price Performance

Kimberly-Clark stock traded up $0.31 during midday trading on Tuesday, reaching $125.71. 432,955 shares of the stock traded hands, compared to its average volume of 2,085,808. The stock has a market cap of $42.35 billion, a P/E ratio of 24.13, a PEG ratio of 3.73 and a beta of 0.40. The stock’s fifty day moving average is $123.84 and its 200-day moving average is $122.20. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.87.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Wednesday, January 24th. The company reported $1.51 earnings per share for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). The business had revenue of $5 billion during the quarter, compared to analysts’ expectations of $4.99 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the business posted $1.54 earnings per share. As a group, equities research analysts anticipate that Kimberly-Clark Co. will post 6.83 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.88%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.18. The ex-dividend date of this dividend was Thursday, March 7th. Kimberly-Clark’s dividend payout ratio is currently 93.85%.

Insider Activity at Kimberly-Clark

In related news, insider Tristram Wilkinson sold 3,720 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $121.00, for a total transaction of $450,120.00. Following the sale, the insider now owns 17,229 shares in the company, valued at approximately $2,084,709. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Tristram Wilkinson sold 3,720 shares of the company’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $121.00, for a total transaction of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares in the company, valued at approximately $2,084,709. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark T. Smucker acquired 827 shares of the firm’s stock in a transaction on Monday, January 29th. The stock was purchased at an average cost of $120.98 per share, with a total value of $100,050.46. Following the purchase, the director now owns 827 shares of the company’s stock, valued at $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is owned by 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.