VSM Wealth Advisory LLC Takes Position in Kimberly-Clark Co. (NYSE:KMB)

VSM Wealth Advisory LLC bought a new stake in Kimberly-Clark Co. (NYSE:KMB) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 831 shares of the company’s stock, valued at approximately $109,000.

Other large investors have also recently bought and sold shares of the company. Marshall Investment Management LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth about $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Kimberly-Clark in the 4th quarter worth approximately $25,000. Darwin Wealth Management LLC acquired a new stake in shares of Kimberly-Clark during the third quarter worth $29,000. Roxbury Financial LLC purchased a new stake in shares of Kimberly-Clark in the fourth quarter valued at $33,000. Finally, Golden State Wealth Management LLC acquired a new position in Kimberly-Clark in the fourth quarter valued at $32,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the sale, the vice president now directly owns 7,720 shares in the company, valued at $1,088,520. The trade was a 58.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.64% of the company’s stock.

Kimberly-Clark Stock Performance

Kimberly-Clark stock opened at $139.75 on Thursday. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. Kimberly-Clark Co. has a one year low of $123.02 and a one year high of $150.45. The stock’s 50 day moving average price is $134.31 and its 200 day moving average price is $136.37. The firm has a market capitalization of $46.35 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 4.46 and a beta of 0.36.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. As a group, sell-side analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be given a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.61%. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. Kimberly-Clark’s payout ratio is presently 66.75%.

Analysts Set New Price Targets

Several analysts have commented on the company. JPMorgan Chase & Co. lowered their price target on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. Wells Fargo & Company lowered their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Citigroup cut their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research note on Wednesday, January 15th. UBS Group boosted their price objective on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $158.00 target price (down previously from $161.00) on shares of Kimberly-Clark in a report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Kimberly-Clark has a consensus rating of “Hold” and an average price target of $143.64.

Kimberly-Clark Company 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.