Toth Financial Advisory Corp Sells 150 Shares of Kimberly-Clark Co. (NYSE:KMB)

Toth Financial Advisory Corp decreased its holdings in Kimberly-Clark Co. (NYSE:KMB) by 0.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,406 shares of the company’s stock after selling 150 shares during the period. Toth Financial Advisory Corp’s holdings in Kimberly-Clark were worth $4,609,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Brighton Jones LLC boosted its position in Kimberly-Clark by 74.1% during the fourth quarter. Brighton Jones LLC now owns 6,494 shares of the company’s stock valued at $851,000 after purchasing an additional 2,765 shares in the last quarter. Bleakley Financial Group LLC lifted its position in shares of Kimberly-Clark by 30.2% during the fourth quarter. Bleakley Financial Group LLC now owns 7,210 shares of the company’s stock valued at $945,000 after buying an additional 1,673 shares during the last quarter. Silver Oak Securities Incorporated boosted its holdings in shares of Kimberly-Clark by 85.5% in the 4th quarter. Silver Oak Securities Incorporated now owns 2,282 shares of the company’s stock valued at $298,000 after buying an additional 1,052 shares in the last quarter. Consolidated Portfolio Review Corp purchased a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $276,000. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $33,000. Institutional investors own 76.29% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on KMB. UBS Group raised their target price on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a “neutral” rating in a research note on Thursday, April 17th. Barclays lowered their price objective on Kimberly-Clark from $139.00 to $135.00 and set an “equal weight” rating for the company in a research report on Thursday, April 24th. Wall Street Zen lowered Kimberly-Clark from a “buy” rating to a “hold” rating in a research report on Thursday, April 24th. JPMorgan Chase & Co. increased their price target on Kimberly-Clark from $124.00 to $131.00 and gave the company an “underweight” rating in a research note on Friday, April 11th. Finally, Piper Sandler dropped their price target on Kimberly-Clark from $158.00 to $156.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 23rd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and a consensus price target of $145.08.

Insiders Place Their Bets

In related news, insider Katy Chen sold 740 shares of the business’s stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $129.70, for a total value of $95,978.00. Following the completion of the transaction, the insider now directly owns 3,997 shares in the company, valued at $518,410.90. The trade was a 15.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.64% of the stock is owned by insiders.

Kimberly-Clark Trading Down 1.3%

Kimberly-Clark stock opened at $133.55 on Monday. The stock has a 50-day moving average price of $137.30 and a 200 day moving average price of $135.44. The company has a market capitalization of $44.31 billion, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 4.46 and a beta of 0.38. Kimberly-Clark Co. has a 52 week low of $124.10 and a 52 week high of $150.45. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.89 by $0.04. The business had revenue of $4.84 billion during the quarter, compared to analysts’ expectations of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same period in the previous year, the business posted $2.01 EPS. Sell-side analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th will be issued a $1.26 dividend. This represents a $5.04 annualized dividend and a yield of 3.77%. The ex-dividend date is Friday, June 6th. Kimberly-Clark’s payout ratio is 68.66%.

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.