Investors Buy Shares of Kimberly-Clark Corporation (KMB) on Weakness

Investors bought shares of Kimberly-Clark Corporation (NYSE:KMB) on weakness during trading on Friday. $36.96 million flowed into the stock on the tick-up and $20.66 million flowed out of the stock on the tick-down, for a money net flow of $16.30 million into the stock. Of all companies tracked, Kimberly-Clark Corporation had the 19th highest net in-flow for the day. Kimberly-Clark Corporation traded down ($0.43) for the day and closed at $120.64

A number of brokerages have issued reports on KMB. Vetr lowered shares of Kimberly-Clark Corporation from a “buy” rating to a “hold” rating and set a $139.00 price target on the stock. in a research note on Tuesday, April 18th. Jefferies Group LLC began coverage on shares of Kimberly-Clark Corporation in a research note on Tuesday, April 18th. They set a “hold” rating and a $134.00 price target on the stock. TheStreet upgraded shares of Kimberly-Clark Corporation from a “c+” rating to an “a-” rating in a research note on Wednesday, April 26th. BidaskClub upgraded shares of Kimberly-Clark Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $121.00 price target on shares of Kimberly-Clark Corporation in a research note on Tuesday, April 25th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $133.07.

The company has a market cap of $42.62 billion, a P/E ratio of 20.14 and a beta of 0.76. The company’s 50-day moving average is $125.09 and its 200 day moving average is $128.50.

Kimberly-Clark Corporation (NYSE:KMB) last released its quarterly earnings results on Tuesday, July 25th. The company reported $1.49 EPS for the quarter, hitting the consensus estimate of $1.49. The firm had revenue of $4.55 billion for the quarter, compared to analyst estimates of $4.56 billion. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. Kimberly-Clark Corporation’s revenue for the quarter was down .7% on a year-over-year basis. During the same period in the previous year, the company posted $1.53 EPS. Equities research analysts anticipate that Kimberly-Clark Corporation will post $6.21 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Investors of record on Friday, September 8th will be given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend is Thursday, September 7th. Kimberly-Clark Corporation’s dividend payout ratio (DPR) is presently 64.88%.

In other Kimberly-Clark Corporation news, insider Sergio Cruz sold 7,078 shares of Kimberly-Clark Corporation stock in a transaction that occurred on Wednesday, May 31st. The stock was sold at an average price of $130.01, for a total transaction of $920,210.78. Following the sale, the insider now directly owns 4,910 shares in the company, valued at approximately $638,349.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Thomas J. Mielke sold 20,108 shares of Kimberly-Clark Corporation stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $128.11, for a total value of $2,576,035.88. Following the sale, the senior vice president now owns 23,543 shares in the company, valued at $3,016,093.73. The disclosure for this sale can be found here. 0.56% of the stock is owned by insiders.

A number of large investors have recently bought and sold shares of KMB. Hays Advisory LLC acquired a new stake in Kimberly-Clark Corporation during the first quarter valued at about $276,000. Visionary Asset Management Inc. increased its stake in Kimberly-Clark Corporation by 0.9% in the first quarter. Visionary Asset Management Inc. now owns 28,811 shares of the company’s stock valued at $3,792,000 after buying an additional 249 shares in the last quarter. Alpha Windward LLC increased its stake in Kimberly-Clark Corporation by 0.4% in the first quarter. Alpha Windward LLC now owns 2,371 shares of the company’s stock valued at $312,000 after buying an additional 10 shares in the last quarter. ELM Advisors LLC increased its stake in Kimberly-Clark Corporation by 11.4% in the first quarter. ELM Advisors LLC now owns 3,429 shares of the company’s stock valued at $451,000 after buying an additional 350 shares in the last quarter. Finally, TNB Financial acquired a new stake in Kimberly-Clark Corporation during the first quarter valued at about $1,227,000. Institutional investors own 70.62% of the company’s stock.

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Kimberly-Clark Corporation Company Profile

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

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