Roman Butler Fullerton & Co. Invests $208,000 in Kimberly-Clark Co. (NYSE:KMB)

Roman Butler Fullerton & Co. purchased a new position in Kimberly-Clark Co. (NYSE:KMB) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,481 shares of the company’s stock, valued at approximately $208,000.

Other hedge funds have also modified their holdings of the company. Rise Advisors LLC increased its stake in shares of Kimberly-Clark by 926.3% in the first quarter. Rise Advisors LLC now owns 195 shares of the company’s stock worth $25,000 after acquiring an additional 176 shares during the last quarter. Accordant Advisory Group Inc bought a new stake in Kimberly-Clark in the first quarter worth $27,000. Crewe Advisors LLC bought a new stake in Kimberly-Clark in the first quarter worth $27,000. Wetzel Investment Advisors Inc. bought a new stake in Kimberly-Clark in the fourth quarter worth $35,000. Finally, Fortitude Family Office LLC boosted its holdings in Kimberly-Clark by 333.3% in the second quarter. Fortitude Family Office LLC now owns 325 shares of the company’s stock worth $45,000 after purchasing an additional 250 shares in the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Kimberly-Clark

In other news, insider Jeffrey P. Melucci sold 37,699 shares of Kimberly-Clark stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $141.42, for a total transaction of $5,331,392.58. Following the completion of the transaction, the insider now directly owns 19,935 shares in the company, valued at approximately $2,819,207.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 37,699 shares of Kimberly-Clark stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $141.42, for a total value of $5,331,392.58. Following the completion of the transaction, the insider now directly owns 19,935 shares of the company’s stock, valued at approximately $2,819,207.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Gonzalo Uribe sold 1,780 shares of the business’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $140.84, for a total value of $250,695.20. Following the transaction, the insider now directly owns 7,377 shares of the company’s stock, valued at approximately $1,038,976.68. The disclosure for this sale can be found here. 0.62% of the stock is owned by insiders.

Kimberly-Clark Trading Up 0.1 %

KMB traded up $0.14 during trading on Tuesday, reaching $138.44. 1,777,080 shares of the company’s stock were exchanged, compared to its average volume of 2,191,301. The company’s fifty day moving average price is $139.32 and its 200-day moving average price is $131.53. The firm has a market capitalization of $46.61 billion, a PE ratio of 25.42, a P/E/G ratio of 2.95 and a beta of 0.37. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $145.62. The company has a debt-to-equity ratio of 5.59, a quick ratio of 0.58 and a current ratio of 0.85.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, July 23rd. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.25. Kimberly-Clark had a return on equity of 223.55% and a net margin of 11.28%. The firm had revenue of $5.03 billion for the quarter, compared to analyst estimates of $5.10 billion. During the same quarter in the prior year, the firm posted $1.65 earnings per share. The company’s quarterly revenue was down 2.0% on a year-over-year basis. As a group, equities analysts forecast that Kimberly-Clark Co. will post 7.21 EPS for the current year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 2nd. Investors of record on Friday, September 6th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date of this dividend is Friday, September 6th. Kimberly-Clark’s dividend payout ratio is presently 89.71%.

Analyst Ratings Changes

KMB has been the subject of a number of recent research reports. JPMorgan Chase & Co. upped their price objective on shares of Kimberly-Clark from $123.00 to $135.00 and gave the stock an “underweight” rating in a report on Monday, July 22nd. UBS Group upped their price target on shares of Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th. The Goldman Sachs Group upped their price target on shares of Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a report on Wednesday, April 24th. TD Cowen initiated coverage on shares of Kimberly-Clark in a research report on Tuesday, July 23rd. They set a “buy” rating and a $161.00 price objective for the company. Finally, HSBC upped their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $145.67.

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.