Isthmus Partners LLC Has $1.44 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Isthmus Partners LLC grew its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 536.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,091 shares of the company's stock after purchasing an additional 8,506 shares during the period. Isthmus Partners LLC's holdings in Kimberly-Clark were worth $1,435,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in KMB. First Pacific Financial purchased a new stake in shares of Kimberly-Clark in the 1st quarter worth about $26,000. Minot DeBlois Advisors LLC purchased a new stake in shares of Kimberly-Clark in the 4th quarter worth about $29,000. Rossby Financial LCC purchased a new stake in shares of Kimberly-Clark in the 1st quarter worth about $37,000. Menard Financial Group LLC purchased a new stake in shares of Kimberly-Clark in the 4th quarter worth about $38,000. Finally, Whipplewood Advisors LLC boosted its position in shares of Kimberly-Clark by 329.6% in the 1st quarter. Whipplewood Advisors LLC now owns 305 shares of the company's stock worth $47,000 after buying an additional 234 shares in the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Kimberly-Clark

In related news, insider Katy Chen sold 1,794 shares of the firm's stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $130.74, for a total value of $234,547.56. Following 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 legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.64% of the company's stock.

Wall Street Analysts Forecast Growth

KMB has been the subject of a number of research analyst reports. Wells Fargo & Company upped 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 note on Friday, March 28th. Wall Street Zen cut Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Piper Sandler reduced their price objective on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. increased their target price 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, Evercore ISI dropped their target price on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 23rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $143.50.

Kimberly-Clark Stock Down 2.7%

NYSE KMB traded down $3.45 during trading on Monday, reaching $125.93. 1,615,381 shares of the company's stock were exchanged, compared to its average volume of 2,212,732. Kimberly-Clark Co. has a fifty-two week low of $124.10 and a fifty-two week high of $150.45. The firm has a market capitalization of $41.78 billion, a PE ratio of 16.70, a P/E/G ratio of 4.46 and a beta of 0.35. 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 company's fifty day simple moving average is $134.33 and its 200-day simple moving average is $134.74.

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 analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $4.90 billion. During the same period last year, the business earned $2.01 EPS. Sell-side analysts predict that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 2nd. Investors of record on Friday, June 6th were paid a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a dividend yield of 4.00%. 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.