Sapient Capital LLC Has $1.10 Million Position in Kimberly-Clark Co. (NYSE:KMB)

Sapient Capital LLC cut its position in Kimberly-Clark Co. (NYSE:KMB) by 4.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,680 shares of the company’s stock after selling 371 shares during the period. Sapient Capital LLC’s holdings in Kimberly-Clark were worth $1,102,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC bought a new stake in shares of Kimberly-Clark during the third quarter worth approximately $39,000. Orca Investment Management LLC increased its stake in Kimberly-Clark by 14.1% in the third quarter. Orca Investment Management LLC now owns 2,472 shares of the company’s stock valued at $352,000 after purchasing an additional 306 shares in the last quarter. Koshinski Asset Management Inc. increased its stake in Kimberly-Clark by 3.9% in the third quarter. Koshinski Asset Management Inc. now owns 15,523 shares of the company’s stock valued at $2,210,000 after purchasing an additional 581 shares in the last quarter. Ritholtz Wealth Management boosted its holdings in shares of Kimberly-Clark by 26.8% in the third quarter. Ritholtz Wealth Management now owns 10,930 shares of the company’s stock valued at $1,555,000 after buying an additional 2,312 shares during the period. Finally, Gateway Investment Advisers LLC boosted its holdings in shares of Kimberly-Clark by 3.0% in the third quarter. Gateway Investment Advisers LLC now owns 14,177 shares of the company’s stock valued at $2,017,000 after buying an additional 411 shares during the period. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on KMB. StockNews.com cut shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. Wells Fargo & Company cut their price target on shares of Kimberly-Clark from $138.00 to $134.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 24th. Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research report on Wednesday, July 24th. JPMorgan Chase & Co. increased their price objective on shares of Kimberly-Clark from $137.00 to $142.00 and gave the company an “underweight” rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research note on Tuesday, October 8th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and an average target price of $149.14.

Insider Activity

In other Kimberly-Clark news, insider Gonzalo Uribe sold 1,780 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $140.84, for a total transaction of $250,695.20. Following the completion of the transaction, the insider now owns 7,377 shares of the company’s stock, valued at approximately $1,038,976.68. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 37,699 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $141.42, for a total value of $5,331,392.58. Following the sale, the insider now owns 19,935 shares in the company, valued at $2,819,207.70. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Gonzalo Uribe sold 1,780 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $140.84, for a total transaction of $250,695.20. Following the sale, the insider now owns 7,377 shares in the company, valued at $1,038,976.68. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Trading Up 0.9 %

NYSE:KMB opened at $143.54 on Tuesday. The firm’s 50 day moving average is $142.71 and its 200 day moving average is $137.97. The company has a current ratio of 0.85, a quick ratio of 0.58 and a debt-to-equity ratio of 5.59. Kimberly-Clark Co. has a 12 month low of $116.63 and a 12 month high of $149.30. The stock has a market capitalization of $48.33 billion, a PE ratio of 26.39, a price-to-earnings-growth ratio of 2.98 and a beta of 0.39.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, July 23rd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.25. Kimberly-Clark had a net margin of 11.28% and a return on equity of 223.55%. The firm had revenue of $5.03 billion during the quarter, compared to analyst estimates of $5.10 billion. During the same period in the previous year, the business earned $1.65 EPS. The business’s revenue for the quarter was down 2.0% on a year-over-year basis. Sell-side analysts expect that Kimberly-Clark Co. will post 7.25 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Friday, September 6th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.40%. The ex-dividend date was Friday, September 6th. Kimberly-Clark’s dividend payout ratio (DPR) is 89.71%.

About Kimberly-Clark

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.