AMG National Trust Bank Buys 2,004 Shares of Kimberly-Clark Co. (NYSE:KMB)

AMG National Trust Bank raised its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 21.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,396 shares of the company's stock after purchasing an additional 2,004 shares during the quarter. AMG National Trust Bank's holdings in Kimberly-Clark were worth $1,621,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of KMB. Nwam LLC raised its holdings in Kimberly-Clark by 1.2% in the first quarter. Nwam LLC now owns 6,386 shares of the company's stock worth $908,000 after purchasing an additional 77 shares in the last quarter. Diversify Advisory Services LLC purchased a new position in shares of Kimberly-Clark during the 1st quarter valued at approximately $264,000. Creekmur Asset Management LLC increased its stake in shares of Kimberly-Clark by 76,471.4% in the 1st quarter. Creekmur Asset Management LLC now owns 5,360 shares of the company's stock worth $762,000 after acquiring an additional 5,353 shares during the last quarter. Graypoint LLC increased its position in shares of Kimberly-Clark by 27.6% during the 1st quarter. Graypoint LLC now owns 5,589 shares of the company's stock worth $795,000 after purchasing an additional 1,208 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in Kimberly-Clark by 7.2% during the 1st quarter. Verdence Capital Advisors LLC now owns 3,702 shares of the company's stock valued at $527,000 after acquiring an additional 250 shares during the period. Institutional investors own 76.29% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. JPMorgan Chase & Co. lifted their price objective on Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research report on Friday, April 11th. UBS Group decreased their price target 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. Wells Fargo & Company increased their price objective on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research note on Friday, March 28th. Wall Street Zen downgraded Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Finally, Barclays cut their target price on Kimberly-Clark from $135.00 to $134.00 and set an "equal weight" rating for the company in a research note on Tuesday, July 15th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $141.50.

Insider Buying and Selling at Kimberly-Clark

In other news, insider Katy Chen sold 740 shares of Kimberly-Clark stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $129.70, for a total transaction of $95,978.00. Following the transaction, the insider directly owned 3,997 shares of the company's stock, valued at $518,410.90. This trade represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.64% of the company's stock.

Kimberly-Clark Price Performance

NYSE KMB traded up $1.49 during mid-day trading on Tuesday, hitting $128.20. The stock had a trading volume of 969,750 shares, compared to its average volume of 2,212,756. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The company has a 50 day simple moving average of $133.81 and a 200 day simple moving average of $134.62. The company has a market cap of $42.54 billion, a price-to-earnings ratio of 16.99, a P/E/G ratio of 4.46 and a beta of 0.35. Kimberly-Clark Co. has a 52-week low of $124.10 and a 52-week high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.89 by $0.04. The company had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. During the same period last year, the company posted $2.01 earnings per share. Equities analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 2nd. Investors of record on Friday, June 6th were given a $1.26 dividend. This represents a $5.04 annualized dividend and a yield of 3.93%. The ex-dividend date was Friday, June 6th. Kimberly-Clark's dividend payout ratio (DPR) is presently 68.66%.

Kimberly-Clark Company 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.