Retirement Guys Formula LLC Has $751,000 Stake in Kimberly-Clark Co. (NYSE:KMB)

Retirement Guys Formula LLC increased its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 9.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,275 shares of the company’s stock after buying an additional 460 shares during the quarter. Retirement Guys Formula LLC’s holdings in Kimberly-Clark were worth $751,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in KMB. William B. Walkup & Associates Inc. acquired a new position in Kimberly-Clark during the 2nd quarter worth about $26,000. Crewe Advisors LLC bought a new stake in Kimberly-Clark during the 1st quarter worth approximately $27,000. New Millennium Group LLC bought a new stake in Kimberly-Clark during the 2nd quarter worth approximately $28,000. Strategic Financial Concepts LLC purchased a new position in shares of Kimberly-Clark in the 2nd quarter worth approximately $32,000. Finally, DiNuzzo Private Wealth Inc. boosted its stake in shares of Kimberly-Clark by 808.0% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after buying an additional 202 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Buying and Selling at Kimberly-Clark

In related news, insider Jeffrey P. Melucci sold 37,699 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $141.42, for a total value of $5,331,392.58. Following the completion of the sale, the insider now directly owns 19,935 shares in the company, valued at approximately $2,819,207.70. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Gonzalo Uribe sold 1,780 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $140.84, for a total value of $250,695.20. Following the completion of the sale, the insider now owns 7,377 shares of the company’s stock, valued at $1,038,976.68. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jeffrey P. Melucci sold 37,699 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $141.42, for a total transaction of $5,331,392.58. Following the completion of the sale, the insider now directly owns 19,935 shares of the company’s stock, valued at $2,819,207.70. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.62% of the stock is currently owned by insiders.

Kimberly-Clark Trading Down 0.7 %

Shares of KMB traded down $0.96 during trading on Monday, reaching $144.45. 1,093,035 shares of the company traded hands, compared to its average volume of 2,102,145. Kimberly-Clark Co. has a twelve month low of $116.63 and a twelve month high of $149.30. The stock has a market cap of $48.64 billion, a PE ratio of 26.73, a price-to-earnings-growth ratio of 2.98 and a beta of 0.39. The stock has a 50-day simple moving average of $143.15 and a 200-day simple moving average of $138.46. The company has a quick ratio of 0.58, a current ratio of 0.85 and a debt-to-equity ratio of 5.59.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, July 23rd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.25. Kimberly-Clark had a net margin of 11.28% and a return on equity of 223.55%. The firm had revenue of $5.03 billion for the quarter, compared to the consensus estimate of $5.10 billion. During the same period last year, the firm posted $1.65 EPS. The company’s revenue was down 2.0% on a year-over-year basis. On average, analysts anticipate that Kimberly-Clark Co. will post 7.25 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Friday, September 6th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, September 6th. This represents a $4.88 annualized dividend and a yield of 3.38%. Kimberly-Clark’s dividend payout ratio (DPR) is currently 89.71%.

Analyst Upgrades and Downgrades

KMB has been the topic of several research analyst reports. StockNews.com downgraded Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 30th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a report on Wednesday, July 24th. Argus raised Kimberly-Clark to a “hold” rating in a research note on Friday, July 26th. Wells Fargo & Company reduced their price objective on Kimberly-Clark from $138.00 to $134.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 24th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a report on Tuesday, October 8th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, Kimberly-Clark presently has an average rating of “Hold” and an average target price of $149.14.

Kimberly-Clark 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.