Hummer Financial Advisory Services Inc Trims Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Hummer Financial Advisory Services Inc lessened its holdings in Kimberly-Clark Co. (NYSE:KMB) by 3.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,565 shares of the company’s stock after selling 100 shares during the period. Hummer Financial Advisory Services Inc’s holdings in Kimberly-Clark were worth $339,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in KMB. Rosenberg Matthew Hamilton increased its stake in shares of Kimberly-Clark by 23.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 1,217 shares of the company’s stock worth $159,000 after purchasing an additional 232 shares in the last quarter. Exeter Financial LLC grew its holdings in Kimberly-Clark by 4.8% during the fourth quarter. Exeter Financial LLC now owns 8,741 shares of the company’s stock valued at $1,145,000 after purchasing an additional 400 shares during the period. FNY Investment Advisers LLC purchased a new stake in Kimberly-Clark in the fourth quarter worth about $406,000. First Financial Corp IN raised its stake in shares of Kimberly-Clark by 55.3% in the fourth quarter. First Financial Corp IN now owns 668 shares of the company’s stock worth $88,000 after buying an additional 238 shares during the period. Finally, Miracle Mile Advisors LLC purchased a new position in shares of Kimberly-Clark during the 4th quarter valued at about $1,419,000. 76.29% of the stock is currently owned by institutional investors.

Kimberly-Clark Trading Up 0.7 %

KMB stock opened at $125.35 on Tuesday. The firm’s fifty day simple moving average is $132.94 and its two-hundred day simple moving average is $138.31. The stock has a market capitalization of $41.80 billion, a price-to-earnings ratio of 16.26, a price-to-earnings-growth ratio of 2.76 and a beta of 0.41. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. During the same period in the prior year, the company posted $1.74 EPS. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. As a group, analysts anticipate that Kimberly-Clark Co. will post 7.27 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.89%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 63.29%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on KMB. UBS Group reduced their target price on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Barclays raised their price objective on shares of Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a research report on Friday, October 11th. JPMorgan Chase & Co. decreased their price target on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a report on Wednesday, October 23rd. TD Cowen cut Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research report on Wednesday, January 8th. Finally, Piper Sandler lowered their price target on Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus price target of $147.57.

Insiders Place Their Bets

In other news, VP Andrew Drexler sold 3,000 shares of the company’s 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 transaction, the vice president now directly owns 5,053 shares in the company, valued at approximately $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.62% of the company’s stock.

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.