9,082 Shares in Kimberly-Clark Co. (NYSE:KMB) Purchased by Buck Wealth Strategies LLC

Buck Wealth Strategies LLC acquired a new stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,082 shares of the company's stock, valued at approximately $1,292,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of KMB. Marshall Investment Management LLC bought a new stake in Kimberly-Clark during the fourth quarter worth $25,000. Minot DeBlois Advisors LLC bought a new stake in Kimberly-Clark during the fourth quarter worth $29,000. Strategic Financial Concepts LLC bought a new stake in Kimberly-Clark during the fourth quarter worth $33,000. OFI Invest Asset Management bought a new stake in Kimberly-Clark during the fourth quarter worth $38,000. Finally, Menard Financial Group LLC bought a new stake in Kimberly-Clark during the fourth quarter worth $38,000. Institutional investors own 76.29% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on KMB. Wells Fargo & Company upped their price target on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a report on Friday, March 28th. Piper Sandler cut their price objective on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 23rd. Royal Bank Of Canada cut their price objective 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. JPMorgan Chase & Co. boosted 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. Finally, Wall Street Zen cut Kimberly-Clark from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $143.73.

Kimberly-Clark Stock Performance

Shares of KMB stock traded up $0.33 on Friday, hitting $128.29. 5,306,945 shares of the stock were exchanged, compared to its average volume of 2,193,239. 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 capitalization of $42.57 billion, a PE ratio of 16.99, a P/E/G ratio of 4.46 and a beta of 0.38. Kimberly-Clark Co. has a one year low of $124.10 and a one year high of $150.45. The firm's 50 day moving average is $135.96 and its two-hundred day moving average is $134.89.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.04. The company had revenue of $4.84 billion during the quarter, compared to the consensus estimate 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 in the prior year, the company earned $2.01 EPS. Sell-side analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be paid a dividend of $1.26 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.04 annualized dividend and a dividend yield of 3.93%. Kimberly-Clark's payout ratio is 68.66%.

Insider Transactions at Kimberly-Clark

In related news, insider Katy Chen sold 740 shares of the 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 now owns 3,997 shares of the company's stock, valued at approximately $518,410.90. This represents a 15.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.64% of the stock is owned by corporate insiders.

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.