Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Measured Risk Portfolios Inc.

Measured Risk Portfolios Inc. cut its stake in Kimberly-Clark Co. (NYSE:KMBFree Report) by 1.9% in the first quarter, HoldingsChannel reports. The fund owned 15,036 shares of the company’s stock after selling 291 shares during the period. Kimberly-Clark accounts for approximately 2.3% of Measured Risk Portfolios Inc.’s investment portfolio, making the stock its 21st largest holding. Measured Risk Portfolios Inc.’s holdings in Kimberly-Clark were worth $2,138,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its holdings in Kimberly-Clark by 2.1% in the first quarter. Dimensional Fund Advisors LP now owns 2,332,445 shares of the company’s stock valued at $331,703,000 after acquiring an additional 47,265 shares during the period. Horizon Investments LLC raised its stake in shares of Kimberly-Clark by 2.3% during the 1st quarter. Horizon Investments LLC now owns 5,800 shares of the company’s stock worth $825,000 after buying an additional 132 shares during the period. Fox Run Management L.L.C. acquired a new position in shares of Kimberly-Clark during the 1st quarter worth approximately $825,000. KLCM Advisors Inc. raised its stake in shares of Kimberly-Clark by 20.5% during the 1st quarter. KLCM Advisors Inc. now owns 3,325 shares of the company’s stock worth $473,000 after buying an additional 566 shares during the period. Finally, Financial Network Wealth Advisors LLC raised its stake in shares of Kimberly-Clark by 176.1% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the company’s stock worth $28,000 after buying an additional 125 shares during the period. 76.29% of the stock is owned by institutional investors and hedge funds.

Kimberly-Clark Stock Down 1.1%

Shares of KMB opened at $133.39 on Friday. 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 Co. has a one year low of $124.10 and a one year high of $150.45. The stock has a market capitalization of $44.26 billion, a price-to-earnings ratio of 17.67, a PEG ratio of 4.46 and a beta of 0.33. The stock has a 50 day moving average price of $130.43 and a 200 day moving average price of $135.02.

Kimberly-Clark (NYSE:KMBGet Free Report) last issued its earnings results on Friday, August 1st. The company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.25. The company had revenue of $4.16 billion during the quarter, compared to analysts’ expectations of $4.85 billion. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. The firm’s quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.96 EPS. Equities research analysts forecast that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Friday, September 5th will be issued a $1.26 dividend. This represents a $5.04 annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, September 5th. Kimberly-Clark’s dividend payout ratio is presently 69.42%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on KMB shares. Evercore ISI reduced their target price on Kimberly-Clark from $168.00 to $155.00 and set an “outperform” rating for the company in a research note on Wednesday, April 23rd. UBS Group reduced their target price on Kimberly-Clark from $146.00 to $139.00 and set a “neutral” rating for the company in a research note on Thursday, July 17th. Barclays upped their target price on Kimberly-Clark from $134.00 to $139.00 and gave the stock an “equal weight” rating in a research note on Monday, August 4th. Royal Bank Of Canada reduced their target price on Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating for the company in a research note on Wednesday, April 23rd. Finally, Piper Sandler started coverage on Kimberly-Clark in a research note on Friday, July 18th. They set an “overweight” rating and a $144.00 target price for the company. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $142.70.

Read Our Latest Analysis on KMB

Kimberly-Clark Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimberly-Clark Co. (NYSE:KMBFree Report).

Institutional Ownership by Quarter for Kimberly-Clark (NYSE:KMB)

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