Acropolis Investment Management LLC Decreases Stock Holdings in Kimberly-Clark Corporation $KMB

Acropolis Investment Management LLC reduced its position in shares of Kimberly-Clark Corporation (NASDAQ:KMB) by 63.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,444 shares of the company’s stock after selling 7,673 shares during the quarter. Acropolis Investment Management LLC’s holdings in Kimberly-Clark were worth $448,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Cloud Capital Management LLC purchased a new stake in Kimberly-Clark during the third quarter valued at $25,000. True Wealth Design LLC grew its stake in shares of Kimberly-Clark by 177.6% in the 3rd quarter. True Wealth Design LLC now owns 211 shares of the company’s stock worth $26,000 after buying an additional 135 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in shares of Kimberly-Clark in the 2nd quarter worth about $27,000. Investors Research Corp purchased a new stake in shares of Kimberly-Clark during the 4th quarter valued at about $33,000. Finally, West Oak Capital LLC raised its position in shares of Kimberly-Clark by 69.7% during the 3rd quarter. West Oak Capital LLC now owns 280 shares of the company’s stock valued at $35,000 after buying an additional 115 shares in the last quarter. Institutional investors own 76.29% of the company’s stock.

Analyst Ratings Changes

KMB has been the subject of several recent research reports. BNP Paribas Exane reiterated a “neutral” rating and issued a $110.00 price target on shares of Kimberly-Clark in a research report on Monday, December 1st. UBS Group raised their price objective on Kimberly-Clark from $107.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Piper Sandler dropped their target price on Kimberly-Clark from $133.00 to $114.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Zacks Research downgraded Kimberly-Clark from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Kimberly-Clark in a research report on Monday, December 29th. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Kimberly-Clark has an average rating of “Hold” and a consensus price target of $116.42.

Insider Buying and Selling

In related news, VP Andrew Scribner sold 3,049 shares of the firm’s 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 filing with the SEC, which is accessible through this link. 0.64% of the stock is owned by corporate insiders.

Kimberly-Clark Price Performance

Shares of NASDAQ:KMB opened at $98.66 on Monday. The firm has a market capitalization of $32.75 billion, a PE ratio of 16.25, a price-to-earnings-growth ratio of 3.51 and a beta of 0.24. The business has a 50 day simple moving average of $103.43 and a two-hundred day simple moving average of $107.86. Kimberly-Clark Corporation has a 1 year low of $96.26 and a 1 year high of $147.12. The company has a debt-to-equity ratio of 3.97, a current ratio of 0.75 and a quick ratio of 0.54.

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

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Friday, March 6th will be issued a $1.28 dividend. The ex-dividend date is Friday, March 6th. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.26. This represents a $5.12 dividend on an annualized basis and a dividend yield of 5.2%. Kimberly-Clark’s dividend payout ratio (DPR) is currently 84.35%.

About Kimberly-Clark

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.