Kimberly-Clark Co. (NYSE:KMB) Shares Sold by McGlone Suttner Wealth Management Inc.

McGlone Suttner Wealth Management Inc. trimmed its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 41.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,061 shares of the company's stock after selling 2,895 shares during the quarter. McGlone Suttner Wealth Management Inc.'s holdings in Kimberly-Clark were worth $578,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. First Pacific Financial purchased a new stake in Kimberly-Clark during the 1st quarter worth about $26,000. Minot DeBlois Advisors LLC purchased a new stake in shares of Kimberly-Clark during the fourth quarter worth approximately $29,000. Rossby Financial LCC acquired a new stake in Kimberly-Clark in the first quarter valued at approximately $37,000. OFI Invest Asset Management purchased a new position in Kimberly-Clark in the fourth quarter worth approximately $38,000. Finally, Menard Financial Group LLC acquired a new position in Kimberly-Clark during the 4th quarter worth approximately $38,000. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on KMB. Barclays reduced their price objective on shares of Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a report on Thursday, April 24th. 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 report on Wednesday, April 23rd. Royal Bank Of Canada decreased their price target on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. UBS Group upped their price objective on Kimberly-Clark from $134.00 to $146.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. Finally, Wall Street Zen lowered 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, seven have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of "Hold" and an average target price of $143.50.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 1,794 shares of Kimberly-Clark stock in a transaction on Tuesday, April 29th. The shares were 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 in the company, valued at approximately $405,032.52. The trade was a 36.67% decrease in their ownership of the stock. The transaction 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

Shares of KMB stock traded up $0.17 during mid-day trading on Friday, hitting $132.53. 1,015,997 shares of the stock were exchanged, compared to its average volume of 2,208,280. Kimberly-Clark Co. has a 12-month low of $124.10 and a 12-month high of $150.45. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. The stock has a market capitalization of $43.97 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 4.46 and a beta of 0.35. The stock's fifty 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 results on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.89 by $0.04. The company had revenue of $4.84 billion for the quarter, compared to analyst estimates 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 previous year, the company posted $2.01 earnings per share. On average, analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 2nd. Investors 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 3.80%. The ex-dividend date was Friday, June 6th. Kimberly-Clark's dividend payout ratio is currently 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.