RFG Advisory LLC Buys 2,483 Shares of Kimberly-Clark Co. (NYSE:KMB)

RFG Advisory LLC lifted its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 24.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,842 shares of the company's stock after buying an additional 2,483 shares during the period. RFG Advisory LLC's holdings in Kimberly-Clark were worth $1,826,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Kimberly-Clark during the fourth quarter valued at approximately $25,000. Marshall Investment Management LLC purchased a new position in shares of Kimberly-Clark during the fourth quarter valued at approximately $25,000. Minot DeBlois Advisors LLC purchased a new position in shares of Kimberly-Clark during the fourth quarter valued at approximately $29,000. Golden State Wealth Management LLC purchased a new position in shares of Kimberly-Clark during the fourth quarter valued at approximately $32,000. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Kimberly-Clark during the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 76.29% of the company's stock.

Kimberly-Clark Stock Performance

Shares of KMB traded down $3.13 during mid-day trading on Thursday, hitting $135.30. The stock had a trading volume of 3,515,368 shares, compared to its average volume of 2,179,762. The firm has a market cap of $44.89 billion, a P/E ratio of 17.92, a PEG ratio of 4.46 and a beta of 0.35. The business has a fifty day moving average price of $137.63 and a 200-day moving average price of $135.48. 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 52 week low of $124.10 and a 52 week high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.04. The firm 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 period in the previous year, the company posted $2.01 earnings per share. On average, equities research analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th will be paid a $1.26 dividend. The ex-dividend date is Friday, June 6th. This represents a $5.04 annualized dividend and a dividend yield of 3.73%. Kimberly-Clark's payout ratio is presently 68.66%.

Insider Buying and Selling at Kimberly-Clark

In related news, insider Katy Chen sold 1,794 shares of the business's 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 sale, the insider now directly owns 3,098 shares in the company, valued at approximately $405,032.52. The trade was a 36.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.64% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on KMB shares. Wall Street Zen lowered Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Royal Bank of Canada dropped their price target on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Evercore ISI dropped their price target on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. UBS Group lifted their price target on Kimberly-Clark from $134.00 to $146.00 and gave the stock a "neutral" rating in a report on Thursday, April 17th. Finally, Barclays dropped their price target 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. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $145.08.

About Kimberly-Clark

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.