RFG Advisory LLC Grows Position in Kimberly-Clark Co. (NYSE:KMB)

RFG Advisory LLC grew its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 10.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,445 shares of the company’s stock after purchasing an additional 1,321 shares during the period. RFG Advisory LLC’s holdings in Kimberly-Clark were worth $1,634,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Chapin Davis Inc. boosted its holdings in Kimberly-Clark by 2.9% in the second quarter. Chapin Davis Inc. now owns 2,984 shares of the company’s stock valued at $412,000 after acquiring an additional 85 shares during the last quarter. Jaffetilchin Investment Partners LLC grew its holdings in Kimberly-Clark by 1.8% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 4,750 shares of the company’s stock worth $656,000 after acquiring an additional 85 shares in the last quarter. Arcus Capital Partners LLC increased its position in shares of Kimberly-Clark by 3.8% in the 3rd quarter. Arcus Capital Partners LLC now owns 2,341 shares of the company’s stock worth $283,000 after purchasing an additional 86 shares during the last quarter. Elevated Capital Advisors LLC increased its holdings in Kimberly-Clark by 0.9% in the second quarter. Elevated Capital Advisors LLC now owns 9,818 shares of the company’s stock valued at $1,355,000 after buying an additional 89 shares during the last quarter. Finally, Emerald Advisors LLC increased its holdings in shares of Kimberly-Clark by 4.7% in the 4th quarter. Emerald Advisors LLC now owns 2,016 shares of the company’s stock valued at $245,000 after acquiring an additional 90 shares during the last quarter. 76.29% of the stock is owned by hedge funds and other institutional investors.

Kimberly-Clark Stock Performance

Kimberly-Clark stock opened at $127.94 on Wednesday. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $147.87. The firm’s 50 day simple moving average is $123.54 and its 200-day simple moving average is $122.11. The company has a debt-to-equity ratio of 6.94, a current ratio of 0.82 and a quick ratio of 0.54. The company has a market cap of $43.10 billion, a P/E ratio of 24.60, a price-to-earnings-growth ratio of 3.87 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.02). The firm had revenue of $5 billion for the quarter, compared to analysts’ expectations of $4.99 billion. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.54 earnings per share. As a group, equities research analysts predict that Kimberly-Clark Co. will post 6.83 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Thursday, March 7th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. This represents a $4.88 dividend on an annualized basis and a yield of 3.81%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 93.85%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Royal Bank of Canada reiterated a “sector perform” rating and set a $123.00 price objective on shares of Kimberly-Clark in a research note on Thursday, March 28th. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Wednesday, April 3rd. Barclays cut their price objective on Kimberly-Clark from $128.00 to $124.00 and set an “equal weight” rating for the company in a report on Friday, January 26th. Piper Sandler lifted their target price on Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. Finally, Wells Fargo & Company upped their price target on shares of Kimberly-Clark from $125.00 to $131.00 and gave the company an “equal weight” rating in a report on Thursday, March 28th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $131.86.

Insider Buying and Selling at Kimberly-Clark

In other news, insider Tristram Wilkinson sold 3,720 shares of the stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the sale, the insider now directly owns 17,229 shares of the company’s stock, valued at $2,084,709. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Mark T. Smucker purchased 827 shares of Kimberly-Clark stock in a transaction dated Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the acquisition, the director now directly owns 827 shares in the company, valued at $100,050.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Tristram Wilkinson sold 3,720 shares of the stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the transaction, the insider now owns 17,229 shares in the company, valued at approximately $2,084,709. The disclosure for this sale can be found here. Company insiders own 0.62% of the company’s stock.

Kimberly-Clark Company Profile

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.