Minot DeBlois Advisors LLC Invests $29,000 in Kimberly-Clark Co. (NYSE:KMB)

Minot DeBlois Advisors LLC purchased a new stake in shares of Kimberly-Clark Co. (NYSE:KMB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 220 shares of the company’s stock, valued at approximately $29,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in KMB. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Kimberly-Clark in the 4th quarter valued at about $25,000. Marshall Investment Management LLC purchased a new stake in Kimberly-Clark during the fourth quarter worth $25,000. Golden State Wealth Management LLC bought a new stake in Kimberly-Clark during the 4th quarter valued at $32,000. Strategic Financial Concepts LLC purchased a new position in shares of Kimberly-Clark in the 4th quarter valued at $33,000. Finally, Roxbury Financial LLC bought a new position in shares of Kimberly-Clark in the 4th quarter worth $33,000. 76.29% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 2,500 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $140.00, for a total value of $350,000.00. Following the transaction, the vice president now directly owns 2,553 shares of the company’s stock, valued at approximately $357,420. This trade represents a 49.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Katy Chen sold 740 shares of the stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $129.70, for a total value of $95,978.00. Following the transaction, the insider now directly owns 3,997 shares of the company’s stock, valued at $518,410.90. The trade was a 15.62% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,872 shares of company stock worth $2,208,684. 0.64% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. StockNews.com lowered Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Thursday, April 24th. Citigroup cut their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research report on Wednesday, January 15th. Royal Bank of Canada decreased their target price on shares of Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating for the company in a research report on Wednesday, April 23rd. UBS Group upped their price target on Kimberly-Clark from $134.00 to $146.00 and gave the stock a “neutral” rating in a research report on Thursday, April 17th. Finally, Piper Sandler decreased their price objective on Kimberly-Clark from $158.00 to $156.00 and set an “overweight” rating for the company in a report on Wednesday, April 23rd. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $145.08.

Kimberly-Clark Trading Down 1.9%

Shares of Kimberly-Clark stock opened at $134.05 on Wednesday. Kimberly-Clark Co. has a 1 year low of $124.10 and a 1 year high of $150.45. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The stock has a market cap of $44.48 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35. The firm has a fifty day moving average price of $137.61 and a 200 day moving average price of $134.71.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.89 by $0.04. The business had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. During the same quarter in the prior year, the firm posted $2.01 EPS. Equities research analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be paid a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a dividend yield of 3.76%. The ex-dividend date is Friday, June 6th. Kimberly-Clark’s payout ratio is currently 68.66%.

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.