Stonebridge Capital Management Inc. Trims Position in Kimberly-Clark Co. (NYSE:KMB)

Stonebridge Capital Management Inc. decreased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,726 shares of the company’s stock after selling 100 shares during the quarter. Stonebridge Capital Management Inc.’s holdings in Kimberly-Clark were worth $488,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. William B. Walkup & Associates Inc. purchased a new position in shares of Kimberly-Clark during the second quarter valued at approximately $26,000. Darwin Wealth Management LLC acquired a new position in Kimberly-Clark during the third quarter worth approximately $29,000. DiNuzzo Private Wealth Inc. increased its position in Kimberly-Clark by 808.0% during the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after purchasing an additional 202 shares during the last quarter. Kennebec Savings Bank acquired a new position in Kimberly-Clark during the third quarter worth approximately $36,000. Finally, ORG Wealth Partners LLC acquired a new position in Kimberly-Clark during the third quarter worth approximately $39,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the sale, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.62% of the company’s stock.

Analyst Upgrades and Downgrades

KMB has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. JPMorgan Chase & Co. dropped their price objective on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research report on Thursday. Wells Fargo & Company dropped their price objective on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Barclays increased their price objective on shares of Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Friday, October 11th. Finally, TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target for the company. in a report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $145.93.

Kimberly-Clark Stock Down 0.5 %

Kimberly-Clark stock opened at $125.60 on Thursday. The stock has a market cap of $41.89 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 2.69 and a beta of 0.41. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. The company’s 50-day moving average price is $132.77 and its two-hundred day moving average price is $138.22. Kimberly-Clark Co. has a 52 week low of $117.67 and a 52 week high of $149.30.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company had revenue of $4.95 billion during the quarter, compared to analysts’ expectations of $5.06 billion. During the same period last year, the company posted $1.74 earnings per share. The business’s revenue for the quarter was down 3.5% on a year-over-year basis. On average, analysts expect that Kimberly-Clark Co. will post 7.31 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.89%. The ex-dividend date was Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 63.29%.

About Kimberly-Clark

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.