WJ Financial Advisors LLC Boosts Stock Position in Kimberly-Clark Corporation $KMB

WJ Financial Advisors LLC lifted its position in Kimberly-Clark Corporation (NASDAQ:KMB) by 292.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,523 shares of the company’s stock after purchasing an additional 11,566 shares during the quarter. Kimberly-Clark accounts for about 1.4% of WJ Financial Advisors LLC’s holdings, making the stock its 19th largest holding. WJ Financial Advisors LLC’s holdings in Kimberly-Clark were worth $1,566,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cloud Capital Management LLC purchased a new position in shares of Kimberly-Clark in the 3rd quarter worth about $25,000. Darwin Wealth Management LLC purchased a new position in shares of Kimberly-Clark in the 2nd quarter worth about $27,000. True Wealth Design LLC boosted its holdings in shares of Kimberly-Clark by 177.6% in the 3rd quarter. True Wealth Design LLC now owns 211 shares of the company’s stock worth $26,000 after purchasing an additional 135 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of Kimberly-Clark in the 4th quarter worth about $28,000. Finally, Newbridge Financial Services Group Inc. boosted its holdings in shares of Kimberly-Clark by 96.6% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 285 shares of the company’s stock worth $29,000 after purchasing an additional 140 shares in the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

KMB has been the subject of a number of research reports. Piper Sandler cut their price objective on Kimberly-Clark from $133.00 to $114.00 and set an “overweight” rating for the company in a report on Friday, March 13th. TD Cowen dropped their target price on Kimberly-Clark from $112.00 to $105.00 and set a “hold” rating for the company in a report on Thursday, January 8th. Bank of America dropped their target price on Kimberly-Clark from $130.00 to $120.00 and set a “buy” rating for the company in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft dropped their target price on Kimberly-Clark from $110.00 to $109.00 and set a “hold” rating for the company in a report on Monday, March 30th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Kimberly-Clark in a report on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $114.93.

Kimberly-Clark Trading Down 0.8%

Shares of KMB stock opened at $97.67 on Friday. The business has a 50-day moving average of $100.29 and a 200 day moving average of $103.57. The stock has a market capitalization of $32.42 billion, a PE ratio of 15.33, a P/E/G ratio of 4.44 and a beta of 0.29. The company has a debt-to-equity ratio of 3.38, a current ratio of 0.77 and a quick ratio of 0.54. Kimberly-Clark Corporation has a 1-year low of $92.42 and a 1-year high of $144.30.

Kimberly-Clark (NASDAQ:KMB) last released its quarterly earnings results on Tuesday, April 28th. The company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $0.04. The business had revenue of $4.16 billion during the quarter, compared to analyst estimates of $4.09 billion. Kimberly-Clark had a return on equity of 152.79% and a net margin of 12.80%.Kimberly-Clark’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.93 EPS. As a group, sell-side analysts anticipate that Kimberly-Clark Corporation will post 7.46 earnings per share for the current year.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Scribner sold 3,049 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $104.29, for a total transaction of $317,980.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Katy Chen sold 1,405 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $96.95, for a total value of $136,214.75. Following the transaction, the insider directly owned 6,502 shares of the company’s stock, valued at $630,368.90. The trade was a 17.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 0.75% of the company’s stock.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.