S&CO Inc. Has $1.48 Million Stake in Kimberly-Clark Corporation $KMB

S&CO Inc. trimmed its stake in Kimberly-Clark Corporation (NASDAQ:KMB) by 32.3% during the third quarter, Holdings Channel reports. The fund owned 11,914 shares of the company’s stock after selling 5,692 shares during the quarter. S&CO Inc.’s holdings in Kimberly-Clark were worth $1,481,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Kimberly-Clark by 74.1% in the fourth quarter. Brighton Jones LLC now owns 6,494 shares of the company’s stock valued at $851,000 after purchasing an additional 2,765 shares during the period. Callan Family Office LLC grew its stake in Kimberly-Clark by 161.6% in the 2nd quarter. Callan Family Office LLC now owns 5,736 shares of the company’s stock valued at $739,000 after buying an additional 3,543 shares during the last quarter. IFP Advisors Inc raised its holdings in Kimberly-Clark by 42.8% in the 2nd quarter. IFP Advisors Inc now owns 9,614 shares of the company’s stock worth $1,264,000 after acquiring an additional 2,880 shares during the period. PDS Planning Inc raised its holdings in Kimberly-Clark by 3.6% in the 2nd quarter. PDS Planning Inc now owns 2,963 shares of the company’s stock worth $382,000 after acquiring an additional 104 shares during the period. Finally, Aberdeen Group plc lifted its position in Kimberly-Clark by 6.6% during the 2nd quarter. Aberdeen Group plc now owns 259,155 shares of the company’s stock worth $33,410,000 after acquiring an additional 16,148 shares during the last quarter. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

KMB opened at $104.70 on Tuesday. The stock’s 50 day simple moving average is $101.25 and its 200-day simple moving average is $114.23. The company has a current ratio of 0.75, a quick ratio of 0.54 and a debt-to-equity ratio of 3.97. The stock has a market cap of $34.75 billion, a PE ratio of 17.25, a P/E/G ratio of 4.10 and a beta of 0.26. Kimberly-Clark Corporation has a 1 year low of $96.26 and a 1 year high of $150.45.

Kimberly-Clark (NASDAQ:KMB) last issued its earnings results on Tuesday, January 27th. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.81 by $0.05. The firm had revenue of $4.08 billion during the quarter, compared to analysts’ expectations of $4.11 billion. Kimberly-Clark had a return on equity of 170.48% and a net margin of 11.73%.Kimberly-Clark’s quarterly revenue was down .6% compared to the same quarter last year. During the same period last year, the business earned $1.50 earnings per share. Sell-side analysts forecast that Kimberly-Clark Corporation will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Friday, March 6th will be paid a $1.28 dividend. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.26. This represents a $5.12 dividend on an annualized basis and a yield of 4.9%. Kimberly-Clark’s payout ratio is presently 83.03%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on KMB shares. Argus upgraded Kimberly-Clark from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a research note on Thursday, November 13th. BNP Paribas Exane reaffirmed a “neutral” rating and issued a $110.00 price target on shares of Kimberly-Clark in a research report on Monday, December 1st. Zacks Research upgraded Kimberly-Clark from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. raised their price objective on shares of Kimberly-Clark from $127.00 to $129.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Finally, Wells Fargo & Company cut their target price on shares of Kimberly-Clark from $110.00 to $105.00 and set an “equal weight” rating for the company in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $118.58.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Scribner sold 3,049 shares of the stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $104.29, for a total value of $317,980.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.64% of the stock is owned by company insiders.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.