New Hampshire Trust Has $532,000 Position in Kimberly-Clark Co. (NYSE:KMB)

New Hampshire Trust grew its holdings in Kimberly-Clark Co. (NYSE:KMB) by 76.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,854 shares of the company’s stock after purchasing an additional 1,667 shares during the quarter. New Hampshire Trust’s holdings in Kimberly-Clark were worth $532,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD boosted its stake in Kimberly-Clark by 20.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,628,171 shares of the company’s stock worth $1,307,025,000 after purchasing an additional 1,643,311 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Kimberly-Clark by 11.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,095,043 shares of the company’s stock worth $963,152,000 after acquiring an additional 715,624 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Kimberly-Clark by 1.7% during the first quarter. Geode Capital Management LLC now owns 6,465,213 shares of the company’s stock worth $866,180,000 after acquiring an additional 108,050 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Kimberly-Clark by 2.8% during the first quarter. Wellington Management Group LLP now owns 5,270,265 shares of the company’s stock worth $707,375,000 after acquiring an additional 145,688 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of Kimberly-Clark by 14.6% during the fourth quarter. Morgan Stanley now owns 4,819,009 shares of the company’s stock worth $654,181,000 after acquiring an additional 613,295 shares during the last quarter. Institutional investors and hedge funds own 74.38% of the company’s stock.

Insider Buying and Selling at Kimberly-Clark

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

Analysts Set New Price Targets

KMB has been the subject of a number of recent research reports. Barclays boosted their target price on Kimberly-Clark from $137.00 to $141.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 27th. TheStreet downgraded Kimberly-Clark from a “b” rating to a “c+” rating in a report on Tuesday, July 25th. Citigroup dropped their price objective on Kimberly-Clark from $130.00 to $126.00 in a report on Wednesday, July 26th. Bank of America dropped their price objective on Kimberly-Clark from $145.00 to $138.00 in a report on Wednesday, July 26th. Finally, StockNews.com began coverage on Kimberly-Clark in a report on Thursday, August 17th. They issued a “buy” rating for the company. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $135.33.

Kimberly-Clark Stock Down 0.7 %

Shares of NYSE:KMB traded down $0.87 during mid-day trading on Friday, reaching $125.01. 2,274,341 shares of the stock were exchanged, compared to its average volume of 1,693,748. The company has a quick ratio of 0.55, a current ratio of 0.87 and a debt-to-equity ratio of 12.21. The company has a market cap of $42.28 billion, a P/E ratio of 25.78, a P/E/G ratio of 2.38 and a beta of 0.39. Kimberly-Clark Co. has a one year low of $108.74 and a one year high of $147.87. The stock’s 50 day simple moving average is $129.65 and its 200-day simple moving average is $133.81.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, July 25th. The company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.17. The business had revenue of $5.13 billion during the quarter, compared to the consensus estimate of $5.13 billion. Kimberly-Clark had a return on equity of 303.40% and a net margin of 8.07%. Kimberly-Clark’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the company earned $1.34 earnings per share. As a group, equities research analysts predict that Kimberly-Clark Co. will post 6.42 EPS for the current year.

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 8th will be paid 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 is 97.32%.

Kimberly-Clark Profile

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.