Kimberly-Clark Co. (NYSE:KMB) Holdings Raised by Creekmur Asset Management LLC

Creekmur Asset Management LLC raised its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 76,471.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,360 shares of the company's stock after acquiring an additional 5,353 shares during the period. Creekmur Asset Management LLC's holdings in Kimberly-Clark were worth $762,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in 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 during the period. Thrivent Financial for Lutherans increased its stake in Kimberly-Clark by 6.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 35,665 shares of the company's stock worth $4,694,000 after buying an additional 2,221 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of Kimberly-Clark by 11.8% in the fourth quarter. Advisors Asset Management Inc. now owns 46,356 shares of the company's stock worth $6,074,000 after acquiring an additional 4,904 shares in the last quarter. Horizon Investments LLC lifted its stake in shares of Kimberly-Clark by 5.6% in the fourth quarter. Horizon Investments LLC now owns 5,668 shares of the company's stock worth $743,000 after acquiring an additional 303 shares in the last quarter. Finally, Evoke Wealth LLC acquired a new position in shares of Kimberly-Clark in the fourth quarter worth about $272,000. Hedge funds and other institutional investors own 76.29% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Wall Street Zen cut Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. JPMorgan Chase & Co. boosted their price target on Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research note on Friday, April 11th. Barclays dropped their target price on shares of Kimberly-Clark from $135.00 to $134.00 and set an "equal weight" rating for the company in a research report on Tuesday, July 15th. Wells Fargo & Company boosted their target price on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Friday, March 28th. Finally, Royal Bank Of Canada dropped their target price on shares of Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $141.50.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 1,794 shares of the stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $130.74, for a total transaction of $234,547.56. Following the completion of the transaction, the insider directly owned 3,098 shares of the company's stock, valued at approximately $405,032.52. This trade represents a 36.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.64% of the company's stock.

Kimberly-Clark Stock Performance

Kimberly-Clark stock traded down $0.60 during midday trading on Monday, reaching $126.93. 385,304 shares of the stock traded hands, compared to its average volume of 2,210,952. 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 fifty day moving average price of $133.81 and a two-hundred day moving average price of $134.62. The firm has a market cap of $42.12 billion, a price-to-earnings ratio of 16.82, a PEG 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.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, topping analysts' consensus estimates of $1.89 by $0.04. The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same period in the prior year, the business posted $2.01 EPS. On average, equities 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 was paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th were paid a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend was Friday, June 6th. Kimberly-Clark's payout ratio is currently 68.66%.

Kimberly-Clark Company 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.