Insider Selling: Kimberly-Clark Co. (NYSE:KMB) Insider Sells 10,178 Shares of Stock

Kimberly-Clark Co. (NYSE:KMB) insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The stock was 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 in the company, valued at $109,050.15. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Kimberly-Clark Stock Performance

NYSE:KMB opened at $135.24 on Friday. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.09. The firm has a market capitalization of $45.54 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 4.05 and a beta of 0.40. The business’s fifty day moving average price is $125.86 and its 200 day moving average price is $122.87.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $5.08 billion. During the same period in the prior year, the company posted $1.67 earnings per share. The firm’s quarterly revenue was down .9% compared to the same quarter last year. On average, sell-side analysts anticipate that Kimberly-Clark Co. will post 6.92 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Piper Sandler increased their target price on Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research note on Thursday, March 28th. 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 report on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of Kimberly-Clark from $115.00 to $123.00 and gave the company an “underweight” rating in a report on Wednesday. HSBC increased their target price on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday. Finally, Royal Bank of Canada boosted their price target on shares of Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Kimberly-Clark has an average rating of “Hold” and an average target price of $134.85.

Institutional Trading of Kimberly-Clark

Hedge funds and other institutional investors have recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its stake in Kimberly-Clark by 204.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock worth $2,500,000 after buying an additional 13,806 shares during the last quarter. PFG Investments LLC raised its position in Kimberly-Clark by 11.2% in the 3rd quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock valued at $252,000 after purchasing an additional 209 shares during the last quarter. Compagnie Lombard Odier SCmA purchased a new stake in Kimberly-Clark in the 4th quarter valued at $4,253,000. Rockline Wealth Management LLC acquired a new stake in Kimberly-Clark during the 4th quarter worth $1,661,000. Finally, Nordea Investment Management AB grew its position in Kimberly-Clark by 28.3% during 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 last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

About Kimberly-Clark

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.