Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Fiduciary Group LLC

Fiduciary Group LLC trimmed its position in Kimberly-Clark Co. (NYSE:KMB) by 14.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,514 shares of the company’s stock after selling 423 shares during the period. Fiduciary Group LLC’s holdings in Kimberly-Clark were worth $305,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. OFI Invest Asset Management acquired a new position in Kimberly-Clark in the third quarter valued at $25,000. Cranbrook Wealth Management LLC increased its stake in shares of Kimberly-Clark by 90.9% during the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the last quarter. Centerpoint Advisors LLC lifted its holdings in shares of Kimberly-Clark by 175.0% during the 3rd 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. Wetzel Investment Advisors Inc. acquired a new stake in shares of Kimberly-Clark in the fourth quarter worth approximately $35,000. Finally, Legacy Financial Group LLC purchased a new stake in Kimberly-Clark in the third quarter valued at approximately $37,000. 76.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. The Goldman Sachs Group increased their price target on shares of Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Wednesday, April 24th. Bank of America lifted their target price on Kimberly-Clark from $110.00 to $115.00 and gave the company an “underperform” rating in a report on Wednesday, April 24th. Citigroup upped their price target on Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a research note on Wednesday, April 24th. UBS Group lifted their price objective on Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a research note on Wednesday, April 24th. Finally, Piper Sandler increased their target price on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, March 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. Based on data from MarketBeat, Kimberly-Clark has an average rating of “Hold” and a consensus price target of $134.85.

Insider Buying and Selling

In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 6,390 shares of the stock in a transaction on Monday, April 29th. The shares were sold at an average price of $135.59, for a total transaction of $866,420.10. Following the transaction, the insider now directly owns 33,649 shares in the company, valued at approximately $4,562,467.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 6,390 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $135.59, for a total transaction of $866,420.10. Following the sale, the insider now owns 33,649 shares in the company, valued at $4,562,467.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Paula Ramos sold 10,178 shares of the business’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 sale, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The disclosure for this sale can be found here. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Stock Performance

Shares of KMB stock opened at $135.93 on Tuesday. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54. The company’s fifty day moving average price is $126.22 and its two-hundred day moving average price is $123.03. The firm has a market capitalization of $45.77 billion, a P/E ratio of 24.99, a P/E/G ratio of 3.85 and a beta of 0.40. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.02.

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 business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter in the previous year, the firm posted $1.67 earnings per share. The company’s revenue was down .9% compared to the same quarter last year. On average, research analysts anticipate that Kimberly-Clark Co. will post 7 earnings per share for the current fiscal year.

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.