TIAA Trust National Association Has $2.97 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

TIAA Trust National Association lessened its stake in Kimberly-Clark Co. (NYSE:KMBFree Report) by 6.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 24,474 shares of the company’s stock after selling 1,808 shares during the quarter. TIAA Trust National Association’s holdings in Kimberly-Clark were worth $2,974,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Chapin Davis Inc. increased its stake in shares of Kimberly-Clark by 2.9% during the 2nd quarter. Chapin Davis Inc. now owns 2,984 shares of the company’s stock worth $412,000 after purchasing an additional 85 shares during the last quarter. Jaffetilchin Investment Partners LLC increased its stake in shares of Kimberly-Clark by 1.8% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 4,750 shares of the company’s stock worth $656,000 after purchasing an additional 85 shares during the last quarter. Arcus Capital Partners LLC increased its stake in shares of Kimberly-Clark by 3.8% during the 3rd quarter. Arcus Capital Partners LLC now owns 2,341 shares of the company’s stock worth $283,000 after purchasing an additional 86 shares during the last quarter. Elevated Capital Advisors LLC increased its stake in shares of Kimberly-Clark by 0.9% during the 2nd quarter. Elevated Capital Advisors LLC now owns 9,818 shares of the company’s stock worth $1,355,000 after purchasing an additional 89 shares during the last quarter. Finally, Aaron Wealth Advisors LLC increased its stake in shares of Kimberly-Clark by 1.5% during the 3rd quarter. Aaron Wealth Advisors LLC now owns 6,325 shares of the company’s stock worth $764,000 after purchasing an additional 91 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Trading Down 0.9 %

Shares of Kimberly-Clark stock opened at $127.69 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94. The stock has a market capitalization of $43.02 billion, a P/E ratio of 24.56, a price-to-earnings-growth ratio of 3.95 and a beta of 0.40. Kimberly-Clark Co. has a 12-month low of $116.32 and a 12-month high of $147.87. The company has a 50-day simple moving average of $122.88 and a 200 day simple moving average of $122.03.

Kimberly-Clark (NYSE:KMBGet Free Report) last posted its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.02). The company had revenue of $5 billion during the quarter, compared to analyst estimates of $4.99 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.54 EPS. Research analysts expect that Kimberly-Clark Co. will post 6.83 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.82%. The ex-dividend date was Thursday, March 7th. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.18. Kimberly-Clark’s dividend payout ratio (DPR) is presently 93.85%.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the sale, the insider now owns 17,229 shares in the company, valued at approximately $2,084,709. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the transaction, the insider now owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark T. Smucker bought 827 shares of Kimberly-Clark stock in a transaction dated Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the purchase, the director now directly owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. Corporate insiders own 0.62% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on KMB shares. Barclays dropped their price target on shares of Kimberly-Clark from $128.00 to $124.00 and set an “equal weight” rating on the stock in a research note on Friday, January 26th. JPMorgan Chase & Co. upped their price objective on shares of Kimberly-Clark from $119.00 to $125.00 and gave the stock an “underweight” rating in a report on Thursday, January 18th. The Goldman Sachs Group began coverage on shares of Kimberly-Clark in a report on Friday, March 1st. They set a “buy” rating and a $135.00 price objective for the company. Bank of America downgraded shares of Kimberly-Clark from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $135.00 to $115.00 in a report on Friday, December 15th. Finally, Evercore ISI raised shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $133.00 to $150.00 in a report on Thursday, March 28th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $132.27.

View Our Latest Stock Analysis on KMB

About Kimberly-Clark

(Free Report)

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.

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Institutional Ownership by Quarter for Kimberly-Clark (NYSE:KMB)

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