WJ Financial Advisors LLC Acquires 11,566 Shares of Kimberly-Clark Corporation $KMB

Key Points

• WJ Financial Advisors LLC increased its stake in Kimberly‑Clark by 292.3%, buying an additional 11,566 shares to hold 15,523 shares worth $1.566 million, making KMB about 1.4% of the firm's holdings and its 19th largest position.
• Kimberly‑Clark reported quarterly results above estimates with $1.97 EPS versus a $1.93 consensus and $4.16 billion in revenue (up 2.7% year‑over‑year); the stock carries a consensus analyst rating of "Hold" and a $114.93 price target.
• Insider activity included VP Andrew Scribner selling 3,049 shares at an average $104.29 and Katy Chen selling 1,405 shares (to cover tax withholding), a 17.77% reduction in her ownership to 6,502 shares.

WJ Financial Advisors LLC increased its holdings in shares of Kimberly-Clark Corporation (NASDAQ:KMB - Free Report) by 292.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,523 shares of the company's stock after acquiring an additional 11,566 shares during the quarter. Kimberly-Clark makes up about 1.4% of WJ Financial Advisors LLC's holdings, making the stock its 19th largest position. WJ Financial Advisors LLC's holdings in Kimberly-Clark were worth $1,566,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Kimberly-Clark by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 40,846,734 shares of the company's stock worth $4,121,027,000 after acquiring an additional 315,981 shares during the period. State Street Corp raised its stake in shares of Kimberly-Clark by 5.0% in the third quarter. State Street Corp now owns 20,830,890 shares of the company's stock valued at $2,615,382,000 after buying an additional 997,397 shares during the period. Massachusetts Financial Services Co. MA raised its stake in shares of Kimberly-Clark by 50.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,839,572 shares of the company's stock valued at $790,934,000 after buying an additional 2,628,206 shares during the period. Capital World Investors raised its stake in shares of Kimberly-Clark by 0.3% in the third quarter. Capital World Investors now owns 4,940,945 shares of the company's stock valued at $614,357,000 after buying an additional 14,306 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Kimberly-Clark by 0.3% in the third quarter. Northern Trust Corp now owns 3,890,193 shares of the company's stock valued at $483,707,000 after buying an additional 9,951 shares during the period. 76.29% of the stock is currently owned by institutional investors.

Insider Activity

In related news, VP Andrew Scribner sold 3,049 shares of the business's stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $104.29, for a total transaction of $317,980.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Katy Chen sold 1,405 shares of the business's stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $96.95, for a total value of $136,214.75. Following the transaction, the insider owned 6,502 shares of the company's stock, valued at approximately $630,368.90. The trade was a 17.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.75% of the stock is owned by insiders.

Kimberly-Clark Stock Performance

NASDAQ:KMB opened at $97.67 on Friday. Kimberly-Clark Corporation has a 52-week low of $92.42 and a 52-week high of $144.30. The business's fifty day moving average is $100.29 and its 200 day moving average is $103.57. The company has a debt-to-equity ratio of 3.38, a quick ratio of 0.54 and a current ratio of 0.77. The firm has a market cap of $32.42 billion, a price-to-earnings ratio of 15.33, a PEG ratio of 4.44 and a beta of 0.29.

Kimberly-Clark (NASDAQ:KMB - Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $1.97 EPS for the quarter, topping the consensus estimate of $1.93 by $0.04. Kimberly-Clark had a return on equity of 152.79% and a net margin of 12.80%.The business had revenue of $4.16 billion during the quarter, compared to analysts' expectations of $4.09 billion. During the same period in the previous year, the business earned $1.93 earnings per share. The firm's revenue was up 2.7% on a year-over-year basis. Research analysts predict that Kimberly-Clark Corporation will post 7.46 EPS for the current year.

Wall Street Analyst Weigh In

KMB has been the topic of several research reports. Weiss Ratings restated a "hold (c-)" rating on shares of Kimberly-Clark in a research note on Friday, March 27th. Citigroup lowered their target price on Kimberly-Clark from $95.00 to $90.00 and set a "sell" rating on the stock in a research note on Wednesday, January 14th. Bank of America lowered their target price on Kimberly-Clark from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Friday, April 10th. TD Cowen lowered their target price on Kimberly-Clark from $112.00 to $105.00 and set a "hold" rating on the stock in a research note on Thursday, January 8th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Kimberly-Clark from $110.00 to $109.00 and set a "hold" rating on the stock in a research note on Monday, March 30th. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $114.93.

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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