Arkadios Wealth Advisors Purchases 6,886 Shares of Kimberly-Clark Co. (NYSE:KMB)

Key Points

• Arkadios Wealth Advisors increased their holdings in Kimberly-Clark Co. by 237.1%, acquiring an additional 6,886 shares to bring their total ownership to 9,790 shares, valued at approximately $1.39 million.
• Various hedge funds have also increased their stakes in Kimberly-Clark, with institutional investors owning 76.29% of the stock.
• Kimberly-Clark recently announced a $1.26 quarterly dividend, reflecting a 3.9% dividend yield and a payout ratio of 68.66%.

Arkadios Wealth Advisors raised its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 237.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 9,790 shares of the company's stock after buying an additional 6,886 shares during the period. Arkadios Wealth Advisors' holdings in Kimberly-Clark were worth $1,392,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its position in Kimberly-Clark by 5.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,529,108 shares of the company's stock valued at $986,616,000 after buying an additional 417,118 shares during the last quarter. Invesco Ltd. boosted its position in shares of Kimberly-Clark by 21.9% in the 4th quarter. Invesco Ltd. now owns 5,653,751 shares of the company's stock worth $740,868,000 after purchasing an additional 1,015,141 shares during the last quarter. Northern Trust Corp boosted its position in shares of Kimberly-Clark by 12.6% in the 4th quarter. Northern Trust Corp now owns 3,974,239 shares of the company's stock worth $520,784,000 after purchasing an additional 445,552 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Kimberly-Clark by 24.3% in the 4th quarter. Royal Bank of Canada now owns 3,430,616 shares of the company's stock worth $449,549,000 after purchasing an additional 670,162 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Kimberly-Clark by 11.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,022,131 shares of the company's stock worth $396,020,000 after purchasing an additional 309,873 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on KMB shares. UBS Group reduced their price target on Kimberly-Clark from $146.00 to $139.00 and set a "neutral" rating on the stock in a research report on Thursday, July 17th. Wall Street Zen lowered Kimberly-Clark from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Barclays reduced their price target on Kimberly-Clark from $135.00 to $134.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 15th. Royal Bank Of Canada reduced their price target on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. reduced their price target on Kimberly-Clark from $126.00 to $125.00 and set an "underweight" rating on the stock in a research report on Friday, July 25th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Kimberly-Clark has an average rating of "Hold" and an average price target of $140.90.

Kimberly-Clark Stock Performance

KMB stock opened at $130.64 on Friday. The business's 50-day moving average price is $131.56 and its two-hundred day moving average price is $134.56. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The firm has a market cap of $43.35 billion, a PE ratio of 17.30, a P/E/G ratio of 4.46 and a beta of 0.35. Kimberly-Clark Co. has a 1-year low of $124.10 and a 1-year high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its earnings results on Friday, August 1st. The company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.25. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. During the same quarter last year, the firm earned $1.96 EPS. The company's quarterly revenue was down 1.6% on a year-over-year basis. As a group, research analysts forecast that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Friday, September 5th will be paid a $1.26 dividend. This represents a $5.04 annualized dividend and a dividend yield of 3.9%. Kimberly-Clark's dividend payout ratio is 68.66%.

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.

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