Juncture Wealth Strategies LLC Raises Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Juncture Wealth Strategies LLC grew its holdings in Kimberly-Clark Co. (NYSE:KMB) by 1.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,963 shares of the company’s stock after buying an additional 83 shares during the period. Juncture Wealth Strategies LLC’s holdings in Kimberly-Clark were worth $823,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Moneta Group Investment Advisors LLC boosted its stake in shares of Kimberly-Clark by 123,302.7% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 4,430,158 shares of the company’s stock worth $601,394,000 after purchasing an additional 4,426,568 shares during the period. Cowa LLC bought a new stake in shares of Kimberly-Clark in the 1st quarter valued at about $54,000. Norges Bank bought a new stake in shares of Kimberly-Clark in the 4th quarter valued at about $441,478,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Kimberly-Clark by 20.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,628,171 shares of the company’s stock valued at $1,307,025,000 after purchasing an additional 1,643,311 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Kimberly-Clark by 11.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,095,043 shares of the company’s stock valued at $963,152,000 after purchasing an additional 715,624 shares in the last quarter. 74.38% of the stock is owned by hedge funds and other institutional investors.

Kimberly-Clark Stock Performance

Shares of KMB stock traded down $0.05 during trading hours on Monday, hitting $124.96. The company’s stock had a trading volume of 284,677 shares, compared to its average volume of 1,685,526. The company has a 50 day moving average of $129.65 and a 200 day moving average of $133.88. Kimberly-Clark Co. has a 12-month low of $108.74 and a 12-month high of $147.87. The stock has a market cap of $42.26 billion, a PE ratio of 25.78, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. The company has a current ratio of 0.87, a quick ratio of 0.55 and a debt-to-equity ratio of 12.21.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results 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. Kimberly-Clark had a net margin of 8.07% and a return on equity of 303.40%. The firm had revenue of $5.13 billion for the quarter, compared to the consensus estimate of $5.13 billion. During the same period in the prior year, the firm posted $1.34 earnings per share. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. On average, sell-side analysts forecast that Kimberly-Clark Co. will post 6.42 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

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

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 4,423 shares of the company’s stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $130.23, for a total transaction of $576,007.29. Following the completion of the transaction, the insider now directly owns 28,169 shares in the company, valued at $3,668,448.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Kimberly-Clark news, insider Sandra R. Karrmann sold 5,122 shares of the company’s stock in a transaction 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 transaction, the insider now directly owns 6,228 shares in the company, valued at $808,394.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeffrey P. Melucci sold 4,423 shares of the company’s stock in a transaction 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 transaction, the insider now owns 28,169 shares of the company’s stock, valued at $3,668,448.87. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by insiders.

Kimberly-Clark Company 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.