B.O.S.S. Retirement Advisors LLC Trims Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

B.O.S.S. Retirement Advisors LLC trimmed its holdings in Kimberly-Clark Co. (NYSE:KMB) by 9.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,701 shares of the company’s stock after selling 2,251 shares during the period. B.O.S.S. Retirement Advisors LLC’s holdings in Kimberly-Clark were worth $2,996,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Lincoln National Corp lifted its stake in Kimberly-Clark by 0.8% in the first quarter. Lincoln National Corp now owns 9,554 shares of the company’s stock worth $1,282,000 after acquiring an additional 73 shares during the last quarter. Chesley Taft & Associates LLC lifted its stake in Kimberly-Clark by 3.6% in the first quarter. Chesley Taft & Associates LLC now owns 2,174 shares of the company’s stock worth $292,000 after acquiring an additional 75 shares during the last quarter. Country Club Bank GFN raised its holdings in Kimberly-Clark by 1.5% during the first quarter. Country Club Bank GFN now owns 5,138 shares of the company’s stock worth $683,000 after purchasing an additional 75 shares in the last quarter. Wolff Wiese Magana LLC raised its holdings in Kimberly-Clark by 1.0% during the first quarter. Wolff Wiese Magana LLC now owns 7,963 shares of the company’s stock worth $1,069,000 after purchasing an additional 77 shares in the last quarter. Finally, Avidian Wealth Solutions LLC raised its holdings in Kimberly-Clark by 1.2% during the first quarter. Avidian Wealth Solutions LLC now owns 6,431 shares of the company’s stock worth $863,000 after purchasing an additional 77 shares in the last quarter. 74.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on KMB shares. Bank of America cut their price objective on shares of Kimberly-Clark from $145.00 to $138.00 in a report on Wednesday, July 26th. TheStreet cut shares of Kimberly-Clark from a “b” rating to a “c+” rating in a report on Tuesday, July 25th. StockNews.com started coverage on shares of Kimberly-Clark in a report on Thursday, August 17th. They set a “buy” rating on the stock. Citigroup cut their price objective on shares of Kimberly-Clark from $130.00 to $126.00 in a report on Wednesday, July 26th. Finally, Barclays lifted their target price on shares of Kimberly-Clark from $137.00 to $141.00 and gave the company an “equal weight” rating in a report on Thursday, July 27th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $135.33.

Insider Activity

In other news, insider Sandra R. Karrmann sold 5,122 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $129.80, for a total transaction of $664,835.60. Following the completion of the transaction, the insider now owns 6,228 shares of the company’s stock, valued at approximately $808,394.40. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, insider Sandra R. Karrmann sold 5,122 shares of the stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $129.80, for a total transaction of $664,835.60. Following the completion of the sale, the insider now owns 6,228 shares of the company’s stock, valued at approximately $808,394.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey P. Melucci sold 4,423 shares of the stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $130.23, for a total transaction of $576,007.29. Following the sale, the insider now directly owns 28,169 shares of the company’s stock, valued at approximately $3,668,448.87. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.

Kimberly-Clark Price Performance

Shares of NYSE KMB traded down $0.87 during trading on Friday, hitting $125.01. 2,274,341 shares of the company were exchanged, compared to its average volume of 1,693,748. The company has a market cap of $42.28 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 2.38 and a beta of 0.39. Kimberly-Clark Co. has a 1 year low of $108.74 and a 1 year high of $147.87. The firm’s fifty day moving average price is $129.86 and its 200 day moving average price is $133.76. The company has a debt-to-equity ratio of 12.21, a current ratio of 0.87 and a quick ratio of 0.55.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, July 25th. The company reported $1.65 EPS for the quarter, topping the consensus estimate of $1.48 by $0.17. The business had revenue of $5.13 billion for the quarter, compared to analyst estimates of $5.13 billion. Kimberly-Clark had a net margin of 8.07% and a return on equity of 303.40%. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.34 EPS. On average, sell-side analysts expect that Kimberly-Clark Co. will post 6.42 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 8th will be issued a $1.18 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $4.72 dividend on an annualized basis and a yield of 3.78%. Kimberly-Clark’s dividend payout ratio (DPR) is 97.32%.

About Kimberly-Clark

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. 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.