Kovitz Investment Group Partners LLC Has $26.11 Million Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Kovitz Investment Group Partners LLC grew its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 11.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 199,225 shares of the company's stock after purchasing an additional 19,894 shares during the quarter. Kovitz Investment Group Partners LLC owned approximately 0.06% of Kimberly-Clark worth $26,107,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Marshall Investment Management LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth approximately $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Kimberly-Clark during the fourth quarter valued at approximately $25,000. Roxbury Financial LLC acquired a new position in shares of Kimberly-Clark during the fourth quarter worth approximately $33,000. Golden State Wealth Management LLC bought a new position in Kimberly-Clark in the 4th quarter worth approximately $32,000. Finally, Synergy Asset Management LLC acquired a new stake in Kimberly-Clark in the 4th quarter valued at approximately $35,000. Institutional investors own 76.29% of the company's stock.

Kimberly-Clark Stock Down 1.1 %

Shares of NYSE:KMB traded down $1.47 during midday trading on Thursday, hitting $130.31. 703,788 shares of the stock were exchanged, compared to its average volume of 2,120,992. The company has a market capitalization of $43.24 billion, a PE ratio of 17.26, a P/E/G ratio of 4.46 and a beta of 0.37. The business's fifty day simple moving average is $139.14 and its two-hundred day simple moving average is $135.32. Kimberly-Clark Co. has a 52-week low of $124.10 and a 52-week 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.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.89 by $0.04. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. The business had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same period last year, the business earned $2.01 EPS. As a group, research analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Insider Buying and Selling at Kimberly-Clark

In related news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the transaction, the vice president now directly owns 7,720 shares of the company's stock, valued at $1,088,520. The trade was a 58.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Katy Chen sold 1,794 shares of the stock in a transaction dated 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. This represents a 36.67 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,132 shares of company stock valued at $2,112,706 in the last 90 days. 0.64% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on KMB shares. UBS Group increased their price target on Kimberly-Clark from $134.00 to $146.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. JPMorgan Chase & Co. raised their target price on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a research note on Friday, April 11th. Wells Fargo & Company upped their price target on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research note on Friday, March 28th. 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. Finally, Citigroup decreased their price target on Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a research note on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average 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.