Impact Partnership Wealth LLC Has $773,000 Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Impact Partnership Wealth LLC raised its stake in Kimberly-Clark Co. (NYSE:KMB) by 8.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,899 shares of the company’s stock after buying an additional 437 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Kimberly-Clark were worth $773,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. bought a new stake in Kimberly-Clark in the 2nd quarter valued at approximately $26,000. Darwin Wealth Management LLC acquired a new position in Kimberly-Clark during the third quarter worth $29,000. DiNuzzo Private Wealth Inc. grew its position in Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after purchasing an additional 202 shares in the last quarter. Kennebec Savings Bank acquired a new stake in Kimberly-Clark in the 3rd quarter valued at $36,000. Finally, ORG Wealth Partners LLC acquired a new stake in Kimberly-Clark in the 3rd quarter valued at $39,000. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Shares of NYSE KMB opened at $127.13 on Friday. 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 firm’s 50-day moving average price is $132.05 and its 200-day moving average price is $137.75. The firm has a market capitalization of $42.39 billion, a P/E ratio of 16.49, a P/E/G ratio of 3.53 and a beta of 0.41. Kimberly-Clark Co. has a 1-year low of $117.67 and a 1-year high of $149.30.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. The business had revenue of $4.95 billion during the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. Kimberly-Clark’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.74 EPS. Equities research analysts anticipate that Kimberly-Clark Co. will post 7.32 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were issued a $1.22 dividend. The ex-dividend date was Friday, December 6th. This represents a $4.88 annualized dividend and a dividend yield of 3.84%. Kimberly-Clark’s dividend payout ratio is currently 63.29%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Barclays reduced their price objective on shares of Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research note on Tuesday, October 8th. Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. cut their price objective on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Finally, UBS Group dropped their target price on Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $143.71.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction dated 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 owns 5,053 shares in the company, valued at approximately $702,417.53. This trade represents a 37.25 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.62% of the stock is owned by insiders.

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.