ORG Wealth Partners LLC Grows Position in Kimberly-Clark Co. (NYSE:KMB)

ORG Wealth Partners LLC lifted its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 1,065.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,159 shares of the company's stock after buying an additional 2,888 shares during the period. ORG Wealth Partners LLC's holdings in Kimberly-Clark were worth $452,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Global X Japan Co. Ltd. boosted its position in shares of Kimberly-Clark by 23.9% during the first quarter. Global X Japan Co. Ltd. now owns 4,833 shares of the company's stock valued at $687,000 after buying an additional 931 shares during the last quarter. Beacon Capital Management LLC boosted its position in shares of Kimberly-Clark by 14.4% during the first quarter. Beacon Capital Management LLC now owns 690 shares of the company's stock valued at $98,000 after buying an additional 87 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in Kimberly-Clark by 1.5% in the first quarter. State of Alaska Department of Revenue now owns 54,848 shares of the company's stock valued at $7,799,000 after acquiring an additional 825 shares during the period. Kingswood Wealth Advisors LLC lifted its holdings in Kimberly-Clark by 13.1% in the first quarter. Kingswood Wealth Advisors LLC now owns 4,656 shares of the company's stock valued at $664,000 after acquiring an additional 539 shares during the period. Finally, Roman Butler Fullerton & Co. bought a new position in Kimberly-Clark in the first quarter valued at about $210,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on KMB shares. Barclays lowered their target price on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a report on Thursday, April 24th. JPMorgan Chase & Co. increased their target price on Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a report on Friday, April 11th. Royal Bank Of Canada decreased their price objective on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Evercore ISI decreased their price objective on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Finally, Piper Sandler decreased 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. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $143.73.

Kimberly-Clark Stock Performance

NYSE KMB opened at $127.96 on Thursday. The stock has a market capitalization of $42.46 billion, a PE ratio of 16.95, a P/E/G ratio of 4.46 and a beta of 0.38. The business has a 50 day simple moving average of $136.38 and a two-hundred day simple moving average of $135.06. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. Kimberly-Clark Co. has a 1-year low of $124.10 and a 1-year high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.04. The business had revenue of $4.84 billion during the quarter, compared to analysts' expectations 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 last year, the business posted $2.01 EPS. On average, research analysts predict that Kimberly-Clark Co. will post 7.5 EPS 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. Shareholders of record on Friday, June 6th will be issued a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a yield of 3.94%. The ex-dividend date of this dividend is Friday, June 6th. Kimberly-Clark's dividend payout ratio is presently 68.66%.

Insider Buying and Selling at Kimberly-Clark

In other news, insider Katy Chen sold 740 shares of Kimberly-Clark stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $129.70, for a total value of $95,978.00. Following the completion of the transaction, the insider now owns 3,997 shares in the company, valued at approximately $518,410.90. The trade was a 15.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.64% of the stock is currently owned by company 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.

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