Mutual Advisors LLC Has $4.98 Million Stock Holdings in Kimberly-Clark Corporation $KMB

Key Points

• Mutual Advisors LLC raised its stake in Kimberly‑Clark by 27.8%, adding 10,739 shares to hold 49,363 shares valued at about $4.98 million, while institutional investors own roughly 76.29% of the stock.
• Insider selling occurred recently: VP Andrew Scribner sold 3,049 shares at $104.29 and Katy Chen sold 1,405 shares at $96.95 to cover tax withholding, leaving insiders with 0.75% ownership.
• The analyst consensus is a Hold with an average target of $114.93, and Kimberly‑Clark modestly beat last quarter’s estimates (EPS $1.97 vs. $1.93; revenue $4.16B vs. $4.09B).

Mutual Advisors LLC lifted its stake in Kimberly-Clark Corporation (NASDAQ:KMB - Free Report) by 27.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,363 shares of the company's stock after acquiring an additional 10,739 shares during the quarter. Mutual Advisors LLC's holdings in Kimberly-Clark were worth $4,980,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of KMB. Cloud Capital Management LLC bought a new stake in Kimberly-Clark during the third quarter valued at about $25,000. True Wealth Design LLC lifted its stake in shares of Kimberly-Clark by 177.6% in the third quarter. True Wealth Design LLC now owns 211 shares of the company's stock valued at $26,000 after buying an additional 135 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of Kimberly-Clark in the second quarter valued at about $27,000. Eagle Bay Advisors LLC bought a new stake in shares of Kimberly-Clark in the fourth quarter valued at about $28,000. Finally, Newbridge Financial Services Group Inc. lifted its stake in shares of Kimberly-Clark by 96.6% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 285 shares of the company's stock valued at $29,000 after buying an additional 140 shares during the period. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Scribner sold 3,049 shares of the business's stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $104.29, for a total value of $317,980.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Katy Chen sold 1,405 shares of the business's stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $96.95, for a total transaction of $136,214.75. Following the completion of the transaction, the insider owned 6,502 shares of the company's stock, valued at $630,368.90. This trade represents a 17.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.75% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on KMB. Zacks Research cut shares of Kimberly-Clark from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 3rd. Wells Fargo & Company dropped their price objective on shares of Kimberly-Clark from $110.00 to $100.00 and set an "equal weight" rating for the company in a report on Wednesday, April 8th. UBS Group raised their price objective on shares of Kimberly-Clark from $105.00 to $106.00 and gave the stock a "neutral" rating in a report on Wednesday. Barclays dropped their price objective on shares of Kimberly-Clark from $105.00 to $99.00 and set an "equal weight" rating for the company in a report on Tuesday, April 14th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Kimberly-Clark in a report on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $114.93.

Kimberly-Clark Stock Performance

KMB stock opened at $97.67 on Friday. The company has a debt-to-equity ratio of 3.38, a current ratio of 0.77 and a quick ratio of 0.54. The company has a 50 day moving average price of $100.29 and a 200 day moving average price of $103.68. Kimberly-Clark Corporation has a fifty-two week low of $92.42 and a fifty-two week high of $144.30. The stock has a market capitalization of $32.42 billion, a PE ratio of 15.33, a price-to-earnings-growth ratio of 4.48 and a beta of 0.29.

Kimberly-Clark (NASDAQ:KMB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.04. Kimberly-Clark had a net margin of 12.80% and a return on equity of 152.79%. The firm had revenue of $4.16 billion during the quarter, compared to analysts' expectations of $4.09 billion. During the same quarter in the previous year, the company posted $1.93 EPS. Kimberly-Clark's revenue was up 2.7% on a year-over-year basis. Analysts forecast that Kimberly-Clark Corporation will post 7.49 EPS for the current year.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.

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