Texas Yale Capital Corp. Has $1.30 Million Position in Kimberly-Clark Co. (NYSE:KMB)

Texas Yale Capital Corp. grew its position in Kimberly-Clark Co. (NYSE:KMB) by 1.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,919 shares of the company’s stock after buying an additional 175 shares during the quarter. Texas Yale Capital Corp.’s holdings in Kimberly-Clark were worth $1,300,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in KMB. Confluence Wealth Services Inc. increased its position in Kimberly-Clark by 5.1% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company’s stock worth $208,000 after purchasing an additional 80 shares in the last quarter. YHB Investment Advisors Inc. increased its position in Kimberly-Clark by 3.4% during the 4th quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company’s stock worth $330,000 after purchasing an additional 83 shares in the last quarter. Ascent Wealth Partners LLC increased its position in Kimberly-Clark by 1.0% during the 4th quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company’s stock worth $1,221,000 after purchasing an additional 90 shares in the last quarter. Silver Lake Advisory LLC increased its position in Kimberly-Clark by 0.8% during the 4th quarter. Silver Lake Advisory LLC now owns 11,896 shares of the company’s stock worth $1,559,000 after purchasing an additional 95 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its position in Kimberly-Clark by 5.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,727 shares of the company’s stock worth $226,000 after purchasing an additional 96 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KMB has been the topic of a number of research reports. Royal Bank of Canada reissued an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a report on Friday, January 24th. Wells Fargo & Company boosted their target price on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an “equal weight” rating in a report on Friday, March 28th. Barclays boosted their target price on shares of Kimberly-Clark from $138.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, March 27th. UBS Group boosted their target price on shares of Kimberly-Clark from $132.00 to $134.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Finally, Citigroup reduced their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a report on Wednesday, January 15th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $144.85.

Kimberly-Clark Trading Up 1.5 %

NYSE:KMB opened at $135.25 on Thursday. The firm has a market cap of $44.86 billion, a P/E ratio of 17.91, a P/E/G ratio of 4.46 and a beta of 0.37. Kimberly-Clark Co. has a 52 week low of $123.84 and a 52 week high of $150.45. The firm’s fifty day moving average is $138.05 and its 200-day moving average is $135.76. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Equities analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were issued a dividend of $1.26 per share. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date was Friday, March 7th. This represents a $5.04 annualized dividend and a yield of 3.73%. Kimberly-Clark’s dividend payout ratio is presently 66.75%.

Insider Activity

In other news, VP Andrew Drexler sold 2,500 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $140.00, for a total value of $350,000.00. Following the completion of the sale, the vice president now owns 2,553 shares in the company, valued at $357,420. This represents a 49.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.64% of the stock is currently owned by corporate 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.