Brookstone Capital Management Has $12.54 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Brookstone Capital Management grew its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 3.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,171 shares of the company's stock after acquiring an additional 2,972 shares during the quarter. Brookstone Capital Management's holdings in Kimberly-Clark were worth $12,540,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KMB. Vanguard Group Inc. grew its stake in Kimberly-Clark by 15.1% in the fourth quarter. Vanguard Group Inc. now owns 35,142,545 shares of the company's stock valued at $4,605,079,000 after purchasing an additional 4,603,787 shares in the last quarter. Norges Bank bought a new position in Kimberly-Clark in the 4th quarter valued at $582,592,000. GAMMA Investing LLC lifted its stake in shares of Kimberly-Clark by 10,975.8% in the 1st quarter. GAMMA Investing LLC now owns 1,902,050 shares of the company's stock valued at $270,510,000 after purchasing an additional 1,884,877 shares during the period. First Trust Advisors LP increased its holdings in Kimberly-Clark by 163.1% during the 4th quarter. First Trust Advisors LP now owns 2,142,749 shares of the company's stock worth $280,786,000 after purchasing an additional 1,328,341 shares in the last quarter. Finally, Trinity Financial Advisors LLC bought a new position in shares of Kimberly-Clark in the 1st quarter valued at about $181,762,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Kimberly-Clark

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

Analyst Ratings Changes

Several research analysts have commented on KMB shares. Wells Fargo & Company boosted their price objective on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a research report on Friday, March 28th. UBS Group upped their price objective on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Barclays reduced their price objective on shares of Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating for the company in a research report on Thursday, April 24th. JPMorgan Chase & Co. increased their target price on shares of Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research note on Friday, April 11th. Finally, Royal Bank Of Canada decreased their price objective on shares of Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 23rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $143.50.

Kimberly-Clark Stock Down 0.6%

Shares of Kimberly-Clark stock traded down $0.78 during trading on Monday, hitting $131.34. 1,214,080 shares of the stock were exchanged, compared to its average volume of 2,204,650. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The stock has a market cap of $43.58 billion, a price-to-earnings ratio of 17.41, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35. Kimberly-Clark Co. has a 12-month low of $124.10 and a 12-month high of $150.45. The firm's 50-day moving average price is $134.28 and its 200 day moving average price is $134.77.

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, topping analysts' consensus estimates of $1.89 by $0.04. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. The firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter in the previous year, the firm earned $2.01 earnings per share. As a group, analysts forecast that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th were paid a dividend of $1.26 per share. The ex-dividend date of this dividend was Friday, June 6th. This represents a $5.04 dividend on an annualized basis and a yield of 3.84%. Kimberly-Clark's dividend payout ratio (DPR) 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.