Aull & Monroe Investment Management Corp Takes Position in Kimberly-Clark Co. $KMB

Aull & Monroe Investment Management Corp purchased a new stake in Kimberly-Clark Co. (NYSE:KMBFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,750 shares of the company’s stock, valued at approximately $226,000.

A number of other institutional investors also recently modified their holdings of the company. Nwam LLC raised its position in shares of Kimberly-Clark by 1.2% in the first quarter. Nwam LLC now owns 6,386 shares of the company’s stock valued at $908,000 after purchasing an additional 77 shares during the period. Old North State Wealth Management LLC increased its position in Kimberly-Clark by 4.6% during the first quarter. Old North State Wealth Management LLC now owns 1,815 shares of the company’s stock worth $258,000 after acquiring an additional 79 shares during the period. Silver Coast Investments LLC increased its position in Kimberly-Clark by 5.2% during the first quarter. Silver Coast Investments LLC now owns 1,688 shares of the company’s stock worth $240,000 after acquiring an additional 83 shares during the period. Leavell Investment Management Inc. increased its holdings in Kimberly-Clark by 0.7% in the 1st quarter. Leavell Investment Management Inc. now owns 11,863 shares of the company’s stock valued at $1,702,000 after buying an additional 85 shares during the period. Finally, Cullen Frost Bankers Inc. increased its holdings in Kimberly-Clark by 0.4% in the 1st quarter. Cullen Frost Bankers Inc. now owns 22,951 shares of the company’s stock valued at $3,264,000 after buying an additional 85 shares during the period. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

Shares of KMB stock opened at $121.44 on Friday. 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 $40.29 billion, a PE ratio of 16.08, a price-to-earnings-growth ratio of 4.46 and a beta of 0.30. The stock has a 50-day moving average of $126.65 and a 200-day moving average of $131.29. Kimberly-Clark Co. has a one year low of $118.18 and a one year high of $150.45.

Kimberly-Clark (NYSE:KMBGet Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.25. The company had revenue of $4.16 billion during the quarter, compared to analysts’ expectations of $4.85 billion. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%.Kimberly-Clark’s revenue was down 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.96 EPS. As a group, sell-side analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Friday, September 5th were paid a $1.26 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $5.04 dividend on an annualized basis and a dividend yield of 4.2%. Kimberly-Clark’s dividend payout ratio is 69.42%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on KMB shares. UBS Group reduced their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. JPMorgan Chase & Co. reduced their target price on shares of Kimberly-Clark from $144.00 to $127.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. Evercore ISI reduced their target price on shares of Kimberly-Clark from $155.00 to $150.00 and set an “outperform” rating on the stock in a research note on Monday, September 22nd. Citigroup reduced their target price on shares of Kimberly-Clark from $118.00 to $113.00 and set a “sell” rating on the stock in a research note on Thursday, October 9th. Finally, Piper Sandler reduced their target price on shares of Kimberly-Clark from $149.00 to $145.00 and set an “overweight” rating on the stock in a research note on Thursday, October 2nd. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $137.00.

Read Our Latest Report on KMB

Kimberly-Clark Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Kimberly-Clark (NYSE:KMB)

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