Dominguez Wealth Management Solutions Inc. Boosts Holdings in Kimberly-Clark Co. (NYSE:KMB)

Dominguez Wealth Management Solutions Inc. boosted its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,025 shares of the company’s stock after purchasing an additional 375 shares during the period. Kimberly-Clark makes up 1.8% of Dominguez Wealth Management Solutions Inc.’s holdings, making the stock its 14th biggest holding. Dominguez Wealth Management Solutions Inc.’s holdings in Kimberly-Clark were worth $2,332,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Sequoia Financial Advisors LLC raised its stake in Kimberly-Clark by 204.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock worth $2,500,000 after purchasing an additional 13,806 shares during the period. Virtu Financial LLC increased its position in shares of Kimberly-Clark by 506.8% during the fourth quarter. Virtu Financial LLC now owns 12,955 shares of the company’s stock valued at $1,574,000 after acquiring an additional 10,820 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in shares of Kimberly-Clark during the fourth quarter valued at about $4,253,000. Nixon Peabody Trust Co. acquired a new stake in shares of Kimberly-Clark during the fourth quarter valued at about $1,081,000. Finally, Rockline Wealth Management LLC acquired a new stake in shares of Kimberly-Clark during the fourth quarter valued at about $1,661,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Kimberly-Clark Stock Down 0.3 %

Shares of NYSE:KMB traded down $0.38 during trading on Monday, hitting $137.82. 1,971,725 shares of the company were exchanged, compared to its average volume of 2,162,199. The stock has a market capitalization of $46.41 billion, a P/E ratio of 25.33, a PEG ratio of 3.11 and a beta of 0.37. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54. Kimberly-Clark Co. has a 12-month low of $116.32 and a 12-month high of $142.20. The firm’s 50 day moving average price is $135.86 and its 200-day moving average price is $127.56.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The firm had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.08 billion. During the same quarter in the prior year, the firm earned $1.67 EPS. Kimberly-Clark’s revenue for the quarter was down .9% on a year-over-year basis. On average, research analysts predict that Kimberly-Clark Co. will post 7.06 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 7th will be given a $1.22 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $4.88 annualized dividend and a yield of 3.54%. Kimberly-Clark’s dividend payout ratio (DPR) is 89.71%.

Insider Activity at Kimberly-Clark

In related news, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total value of $1,396,116.26. Following the completion of the sale, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Kimberly-Clark news, insider Katy Chen sold 454 shares of the business’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $135.24, for a total value of $61,398.96. Following the transaction, the insider now directly owns 520 shares of the company’s stock, valued at approximately $70,324.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now directly owns 795 shares in the company, valued at $109,050.15. The disclosure for this sale can be found here. Insiders sold a total of 24,395 shares of company stock worth $3,332,776 in the last 90 days. 0.62% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on KMB. Barclays lifted their price target on shares of Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a research report on Thursday, April 25th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research report on Thursday, March 28th. HSBC lifted their price target on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. Piper Sandler lifted their price objective on shares of Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a report on Thursday, March 28th. Finally, Wells Fargo & Company lifted their price objective on shares of Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a report on Wednesday, April 24th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and an average price target of $141.64.

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.