Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Bfsg LLC

Bfsg LLC decreased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 15.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,034 shares of the company’s stock after selling 557 shares during the quarter. Bfsg LLC’s holdings in Kimberly-Clark were worth $369,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. OFI Invest Asset Management acquired a new stake in Kimberly-Clark in the 3rd quarter valued at $25,000. Cranbrook Wealth Management LLC grew its stake in Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Centerpoint Advisors LLC grew its stake in Kimberly-Clark by 175.0% in the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock valued at $33,000 after acquiring an additional 175 shares during the period. Wetzel Investment Advisors Inc. acquired a new stake in Kimberly-Clark in the 4th quarter valued at $35,000. Finally, Legacy Financial Group LLC acquired a new stake in Kimberly-Clark in the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Citigroup raised their price objective on Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a report on Thursday, March 28th. Piper Sandler boosted their price target on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. Barclays boosted their price target on shares of Kimberly-Clark from $124.00 to $132.00 and gave the stock an “equal weight” rating in a report on Friday, April 12th. Finally, HSBC boosted their price target on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $135.21.

Insider Transactions at Kimberly-Clark

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

Kimberly-Clark Stock Performance

Kimberly-Clark stock traded up $1.74 during trading hours on Wednesday, reaching $137.78. 3,551,077 shares of the stock were exchanged, compared to its average volume of 2,222,973. The stock has a market cap of $46.42 billion, a P/E ratio of 26.46, a P/E/G ratio of 3.83 and a beta of 0.40. The company has a debt-to-equity ratio of 6.94, a quick ratio of 0.54 and a current ratio of 0.82. Kimberly-Clark Co. has a 52-week low of $116.32 and a 52-week high of $147.87. The firm’s 50 day moving average is $124.78 and its 200 day moving average is $122.55.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The company had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.08 billion. During the same quarter in the prior year, the firm earned $1.67 EPS. Kimberly-Clark’s quarterly revenue was down .9% on a year-over-year basis. Analysts predict that Kimberly-Clark Co. will post 6.84 EPS for the current fiscal year.

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.