Bryn Mawr Capital Management LLC Decreases Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Bryn Mawr Capital Management LLC cut its stake in Kimberly-Clark Co. (NYSE:KMB) by 12.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,870 shares of the company’s stock after selling 267 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Kimberly-Clark were worth $227,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC raised its stake in Kimberly-Clark by 204.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock valued at $2,500,000 after buying an additional 13,806 shares in the last quarter. PFG Investments LLC increased its position in shares of Kimberly-Clark by 11.2% during the third quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock worth $252,000 after purchasing an additional 209 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth about $4,253,000. Rockline Wealth Management LLC acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth about $1,661,000. Finally, Nordea Investment Management AB increased its position in shares of Kimberly-Clark by 28.3% during the fourth quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock worth $202,740,000 after purchasing an additional 368,505 shares in the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Barclays lifted their target price on Kimberly-Clark from $132.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on Kimberly-Clark from $115.00 to $123.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 24th. HSBC lifted their target price on Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, April 24th. Piper Sandler boosted their price target on Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. Finally, Bank of America boosted their price target on Kimberly-Clark from $110.00 to $115.00 and gave the company an “underperform” rating in a research report on Wednesday, April 24th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Kimberly-Clark currently has a consensus rating of “Hold” and a consensus price target of $134.85.

Kimberly-Clark Price Performance

Shares of KMB opened at $135.24 on Monday. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $147.09. The stock’s 50 day moving average is $125.86 and its two-hundred day moving average is $122.92. The firm has a market capitalization of $45.54 billion, a PE ratio of 24.86, a P/E/G ratio of 3.85 and a beta of 0.40. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The company had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same quarter in the previous year, the company earned $1.67 EPS. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. Research analysts anticipate that Kimberly-Clark Co. will post 7 earnings per share for the current year.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total value of $1,396,116.26. Following the sale, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.62% of the stock is owned by corporate insiders.

Kimberly-Clark 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.