Kimberly-Clark Corporation $KMB Shares Bought by Winnow Wealth LLC

Winnow Wealth LLC lifted its stake in shares of Kimberly-Clark Corporation (NASDAQ:KMB) by 3,892.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,264 shares of the company’s stock after buying an additional 8,057 shares during the period. Winnow Wealth LLC’s holdings in Kimberly-Clark were worth $1,033,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KMB. Empirical Finance LLC increased its stake in shares of Kimberly-Clark by 0.6% in the 2nd quarter. Empirical Finance LLC now owns 11,876 shares of the company’s stock valued at $1,531,000 after purchasing an additional 76 shares in the last quarter. Mesirow Financial Investment Management Inc. grew its holdings in Kimberly-Clark by 3.7% in the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 2,201 shares of the company’s stock valued at $284,000 after buying an additional 78 shares in the last quarter. Monarch Capital Management Inc. increased its holdings in shares of Kimberly-Clark by 1.9% during the 2nd quarter. Monarch Capital Management Inc. now owns 4,372 shares of the company’s stock worth $568,000 after buying an additional 81 shares during the last quarter. TFB Advisors LLC boosted its stake in Kimberly-Clark by 4.2% during the second quarter. TFB Advisors LLC now owns 2,022 shares of the company’s stock worth $261,000 after buying an additional 82 shares during the period. Finally, Crews Bank & Trust boosted its position in shares of Kimberly-Clark by 2.7% during the second quarter. Crews Bank & Trust now owns 3,348 shares of the company’s stock worth $432,000 after buying an additional 87 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

KMB stock opened at $99.99 on Friday. The stock has a market capitalization of $33.19 billion, a price-to-earnings ratio of 16.47, a price-to-earnings-growth ratio of 3.95 and a beta of 0.26. Kimberly-Clark Corporation has a 52-week low of $96.26 and a 52-week high of $150.45. The company has a quick ratio of 0.56, a current ratio of 0.75 and a debt-to-equity ratio of 3.97. The stock’s fifty day simple moving average is $101.82 and its 200-day simple moving average is $115.45.

Kimberly-Clark (NASDAQ:KMB) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.81 by $0.05. The firm had revenue of $4.08 billion during the quarter, compared to analyst estimates of $4.11 billion. Kimberly-Clark had a net margin of 11.73% and a return on equity of 170.48%. Kimberly-Clark’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.50 earnings per share. Equities research analysts expect that Kimberly-Clark Corporation will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Friday, March 6th will be given a dividend of $1.28 per share. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.26. This represents a $5.12 dividend on an annualized basis and a dividend yield of 5.1%. Kimberly-Clark’s dividend payout ratio is presently 83.03%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on KMB. JPMorgan Chase & Co. increased their price objective on Kimberly-Clark from $127.00 to $129.00 and gave the company a “neutral” rating in a report on Friday, October 31st. BNP Paribas Exane reiterated a “neutral” rating and set a $110.00 target price on shares of Kimberly-Clark in a research report on Monday, December 1st. Royal Bank Of Canada reaffirmed an “overweight” rating and issued a $162.00 target price on shares of Kimberly-Clark in a report on Tuesday, October 28th. Barclays set a $102.00 target price on shares of Kimberly-Clark in a report on Friday, January 16th. Finally, Citigroup cut their price target on shares of Kimberly-Clark from $95.00 to $90.00 and set a “sell” rating for the company in a report on Wednesday, January 14th. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $118.58.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.