Kintegral Advisory LLC Sells 1,383 Shares of Kimberly-Clark Co. (NYSE:KMB)

Kintegral Advisory LLC trimmed its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,123 shares of the company’s stock after selling 1,383 shares during the period. Kintegral Advisory LLC’s holdings in Kimberly-Clark were worth $2,668,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rise Advisors LLC raised its position in shares of Kimberly-Clark by 926.3% during the 1st quarter. Rise Advisors LLC now owns 195 shares of the company’s stock valued at $25,000 after purchasing an additional 176 shares during the period. New Millennium Group LLC bought a new stake in shares of Kimberly-Clark during the 2nd quarter valued at $28,000. Crewe Advisors LLC bought a new stake in shares of Kimberly-Clark during the 1st quarter valued at $27,000. Fortitude Family Office LLC increased its holdings in Kimberly-Clark by 333.3% in the 2nd quarter. Fortitude Family Office LLC now owns 325 shares of the company’s stock valued at $45,000 after acquiring an additional 250 shares during the last quarter. Finally, Northwest Financial Advisors bought a new stake in Kimberly-Clark in the 4th quarter valued at $40,000. 76.29% of the stock is currently owned by institutional investors.

Kimberly-Clark Trading Up 0.2 %

Kimberly-Clark stock traded up $0.28 during trading hours on Wednesday, hitting $143.82. The company had a trading volume of 1,467,097 shares, compared to its average volume of 2,142,479. The firm has a market cap of $48.43 billion, a P/E ratio of 26.44, a P/E/G ratio of 2.95 and a beta of 0.37. The company has a debt-to-equity ratio of 5.59, a quick ratio of 0.58 and a current ratio of 0.85. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $145.68. The company has a 50-day moving average price of $140.53 and a two-hundred day moving average price of $133.27.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, July 23rd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.25. The company had revenue of $5.03 billion during the quarter, compared to analysts’ expectations of $5.10 billion. Kimberly-Clark had a net margin of 11.28% and a return on equity of 223.55%. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.65 EPS. On average, sell-side analysts anticipate that Kimberly-Clark Co. will post 7.21 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Friday, September 6th will be given a $1.22 dividend. The ex-dividend date of this dividend is Friday, September 6th. This represents a $4.88 annualized dividend and a yield of 3.39%. Kimberly-Clark’s dividend payout ratio (DPR) is 89.71%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on KMB. BNP Paribas began coverage on shares of Kimberly-Clark in a report on Monday, June 24th. They issued a “neutral” rating and a $146.00 price target on the stock. Bank of America upgraded shares of Kimberly-Clark from an “underperform” rating to a “buy” rating and lifted their price target for the company from $115.00 to $160.00 in a report on Thursday, June 13th. TD Cowen began coverage on shares of Kimberly-Clark in a report on Tuesday, July 23rd. They issued a “buy” rating and a $161.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on shares of Kimberly-Clark from $123.00 to $135.00 and gave the company an “underweight” rating in a report on Monday, July 22nd. Finally, Argus upgraded shares of Kimberly-Clark to a “hold” rating in a report on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $145.67.

Insider Buying and Selling at Kimberly-Clark

In other news, insider Jeffrey P. Melucci sold 37,699 shares of the company’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $141.42, for a total value of $5,331,392.58. Following the completion of the sale, the insider now owns 19,935 shares of the company’s stock, valued at approximately $2,819,207.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Gonzalo Uribe sold 1,780 shares of the business’s stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $140.84, for a total transaction of $250,695.20. Following the completion of the transaction, the insider now owns 7,377 shares in the company, valued at approximately $1,038,976.68. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jeffrey P. Melucci sold 37,699 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $141.42, for a total transaction of $5,331,392.58. Following the transaction, the insider now owns 19,935 shares of the company’s stock, valued at approximately $2,819,207.70. The disclosure for this sale can be found here. 0.62% of the stock is owned by corporate insiders.

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.