ORG Partners LLC Sells 78 Shares of Kimberly-Clark Co. (NYSE:KMB)

ORG Partners LLC lessened its holdings in Kimberly-Clark Co. (NYSE:KMB) by 10.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 661 shares of the company’s stock after selling 78 shares during the quarter. ORG Partners LLC’s holdings in Kimberly-Clark were worth $92,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of KMB. Rise Advisors LLC lifted its stake in shares of Kimberly-Clark by 926.3% during the 1st quarter. Rise Advisors LLC now owns 195 shares of the company’s stock valued at $25,000 after buying an additional 176 shares in the last quarter. Accordant Advisory Group Inc bought a new position in shares of Kimberly-Clark in the first quarter worth $27,000. Crewe Advisors LLC purchased a new position in shares of Kimberly-Clark in the first quarter valued at $27,000. Wetzel Investment Advisors Inc. bought a new stake in shares of Kimberly-Clark during the 4th quarter valued at $35,000. Finally, Northwest Financial Advisors purchased a new stake in Kimberly-Clark during the 4th quarter worth about $40,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Down 0.2 %

Shares of KMB stock traded down $0.27 during mid-day trading on Thursday, hitting $140.55. The company’s stock had a trading volume of 385,823 shares, compared to its average volume of 2,179,647. The company has a debt-to-equity ratio of 5.59, a quick ratio of 0.58 and a current ratio of 0.85. Kimberly-Clark Co. has a 52-week low of $116.32 and a 52-week high of $145.62. The stock has a market cap of $47.32 billion, a price-to-earnings ratio of 25.89, a PEG ratio of 2.95 and a beta of 0.37. The business has a 50-day moving average price of $139.42 and a 200 day moving average price of $131.71.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, July 23rd. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.71 by $0.25. The business had revenue of $5.03 billion during the quarter, compared to analyst estimates of $5.10 billion. Kimberly-Clark had a net margin of 11.28% and a return on equity of 223.55%. The company’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.65 EPS. Research analysts predict that Kimberly-Clark Co. will post 7.21 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Friday, September 6th will be paid a $1.22 dividend. The ex-dividend date is Friday, September 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.47%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 89.71%.

Insider Activity

In other news, insider Gonzalo Uribe sold 1,780 shares of Kimberly-Clark stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $140.84, for a total value of $250,695.20. Following the sale, the insider now directly owns 7,377 shares of the company’s stock, valued at $1,038,976.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Jeffrey P. Melucci sold 37,699 shares of the firm’s stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $141.42, for a total value of $5,331,392.58. Following the completion of the sale, the insider now directly owns 19,935 shares in the company, valued at $2,819,207.70. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Gonzalo Uribe sold 1,780 shares of Kimberly-Clark stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $140.84, for a total transaction of $250,695.20. Following the transaction, the insider now directly owns 7,377 shares of the company’s stock, valued at $1,038,976.68. The disclosure for this sale can be found here. Insiders own 0.62% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Citigroup lifted their price objective on Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a research note on Wednesday, April 24th. TD Cowen began coverage on shares of Kimberly-Clark in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $161.00 price objective on the stock. BNP Paribas began coverage on shares of Kimberly-Clark in a research report on Monday, June 24th. They set a “neutral” rating and a $146.00 target price for the company. UBS Group increased their price target on shares of Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Wednesday, April 24th. Finally, Argus raised shares of Kimberly-Clark to a “hold” rating in a report on Friday, July 26th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $145.67.

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.