Kimberly-Clark Co. (NYSE:KMB) Stock Holdings Increased by Brookstone Capital Management

Brookstone Capital Management raised its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 3.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 88,171 shares of the company's stock after acquiring an additional 2,972 shares during the period. Brookstone Capital Management's holdings in Kimberly-Clark were worth $12,540,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in shares of Kimberly-Clark by 74.1% during the 4th quarter. Brighton Jones LLC now owns 6,494 shares of the company's stock worth $851,000 after buying an additional 2,765 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Kimberly-Clark by 65.3% during the 4th quarter. Jones Financial Companies Lllp now owns 13,470 shares of the company's stock valued at $1,765,000 after buying an additional 5,323 shares during the last quarter. Mission Wealth Management LP acquired a new stake in Kimberly-Clark during the 4th quarter valued at $210,000. Steward Partners Investment Advisory LLC grew its holdings in Kimberly-Clark by 37.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 35,345 shares of the company's stock valued at $4,632,000 after buying an additional 9,711 shares during the last quarter. Finally, Exencial Wealth Advisors LLC grew its holdings in Kimberly-Clark by 8.9% during the 4th quarter. Exencial Wealth Advisors LLC now owns 1,614 shares of the company's stock valued at $211,000 after buying an additional 132 shares during the last quarter. 76.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Katy Chen sold 740 shares of Kimberly-Clark stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $129.70, for a total transaction of $95,978.00. Following the sale, the insider directly owned 3,997 shares of the company's stock, valued at approximately $518,410.90. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.64% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Wells Fargo & Company raised their price objective on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a report on Friday, March 28th. Evercore ISI decreased their price objective on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Royal Bank Of Canada decreased their price objective on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Wall Street Zen cut Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Finally, Barclays reduced their target price on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a report on Thursday, April 24th. Two equities research analysts have 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 MarketBeat.com, Kimberly-Clark has an average rating of "Hold" and an average price target of $143.50.

Kimberly-Clark Stock Down 0.2%

NYSE:KMB traded down $0.20 during mid-day trading on Tuesday, hitting $131.45. The company had a trading volume of 1,034,344 shares, compared to its average volume of 2,298,840. The business has a fifty day simple moving average of $134.30 and a 200-day simple moving average of $134.77. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. Kimberly-Clark Co. has a 1 year low of $124.10 and a 1 year high of $150.45. The firm has a market capitalization of $43.62 billion, a price-to-earnings ratio of 17.41, a PEG ratio of 4.46 and a beta of 0.35.

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. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. The company had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. 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 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th were given a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date of this dividend was Friday, June 6th. Kimberly-Clark's 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.