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

Brookstone Capital Management raised its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 3.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 hedge funds have also recently added to or reduced their stakes in KMB. Brighton Jones LLC grew its holdings in shares of Kimberly-Clark by 74.1% in the 4th quarter. Brighton Jones LLC now owns 6,494 shares of the company's stock worth $851,000 after acquiring an additional 2,765 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Kimberly-Clark by 65.3% in the 4th quarter. Jones Financial Companies Lllp now owns 13,470 shares of the company's stock worth $1,765,000 after acquiring an additional 5,323 shares during the last quarter. Mission Wealth Management LP acquired a new position in shares of Kimberly-Clark in the 4th quarter worth $210,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Kimberly-Clark by 37.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 35,345 shares of the company's stock worth $4,632,000 after acquiring an additional 9,711 shares during the last quarter. Finally, Exencial Wealth Advisors LLC grew its holdings in shares of Kimberly-Clark by 8.9% in the 4th quarter. Exencial Wealth Advisors LLC now owns 1,614 shares of the company's stock worth $211,000 after acquiring an additional 132 shares during the last quarter. Institutional investors own 76.29% of the company's stock.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 740 shares of the business's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $129.70, for a total value of $95,978.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.64% of the company's stock.

Analysts Set New Price Targets

KMB has been the topic of a number of recent research reports. Barclays decreased 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. Piper Sandler lowered their price target on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd. Wells Fargo & Company lifted their price target on Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a report on Friday, March 28th. Evercore ISI lowered their price target on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Finally, UBS Group lifted their price target on Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Two 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 MarketBeat, Kimberly-Clark currently has a consensus rating of "Hold" and a consensus target price of $143.50.

Kimberly-Clark Stock Up 0.1%

KMB traded up $0.17 during trading on Friday, reaching $132.53. 1,015,997 shares of the stock traded hands, compared to its average volume of 2,208,280. The stock has a market cap of $43.97 billion, a price-to-earnings ratio of 17.55, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35. Kimberly-Clark Co. has a fifty-two week low of $124.10 and a fifty-two week high of $150.45. 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's 50-day simple moving average is $134.28 and its two-hundred day simple moving average is $134.75.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.89 by $0.04. The firm had revenue of $4.84 billion during the quarter, compared to analysts' expectations of $4.90 billion. 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 $2.01 earnings per share. As a group, equities research analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 2nd. Investors of record on Friday, June 6th were given a dividend of $1.26 per share. The ex-dividend date was Friday, June 6th. This represents a $5.04 dividend on an annualized basis and a yield of 3.80%. 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.