First National Trust Co Sells 102 Shares of Kimberly-Clark Co. (NYSE:KMB)

First National Trust Co decreased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,299 shares of the company’s stock after selling 102 shares during the period. First National Trust Co’s holdings in Kimberly-Clark were worth $765,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. OFI Invest Asset Management bought a new stake in shares of Kimberly-Clark during the third quarter worth $25,000. Cranbrook Wealth Management LLC grew its position in shares of Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the period. Centerpoint Advisors LLC lifted its stake in Kimberly-Clark by 175.0% in the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock valued at $33,000 after buying an additional 175 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth $35,000. Finally, Bruce G. Allen Investments LLC bought a new position in Kimberly-Clark during the 4th quarter worth about $37,000. Institutional investors own 76.29% of the company’s stock.

Analyst Ratings Changes

KMB has been the topic of a number of recent research reports. Wells Fargo & Company lifted their target price on Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 24th. HSBC boosted their price target on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, April 24th. Citigroup lifted their target price on Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a research report on Wednesday, April 24th. Barclays increased their price objective on Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a report on Thursday, April 25th. Finally, The Goldman Sachs Group upped their price target on shares of Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Wednesday, April 24th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $134.85.

Kimberly-Clark Stock Performance

Shares of NYSE:KMB traded down $0.41 during trading on Friday, reaching $136.09. 1,907,297 shares of the stock were exchanged, compared to its average volume of 2,559,916. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $146.15. The stock has a 50-day moving average price of $127.48 and a 200-day moving average price of $123.43. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. The firm has a market cap of $45.82 billion, a PE ratio of 25.02, a PEG ratio of 3.87 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.40. The business had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period last year, the firm posted $1.67 EPS. Research analysts expect that Kimberly-Clark Co. will post 7 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $4.88 annualized dividend and a dividend yield of 3.59%. Kimberly-Clark’s dividend payout ratio is presently 89.71%.

Insider Activity

In other news, insider Paula Ramos sold 10,178 shares of the stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now directly owns 795 shares of the company’s stock, valued at approximately $109,050.15. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 6,390 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $135.59, for a total transaction of $866,420.10. Following the completion of the transaction, the insider now directly owns 33,649 shares in the company, valued at $4,562,467.91. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total value of $1,396,116.26. Following the completion of the sale, the insider now directly owns 795 shares in the company, valued at approximately $109,050.15. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,562 shares of company stock worth $2,808,345. Corporate 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.