Kimberly-Clark Co. (NYSE:KMB) VP Sells $342,075.00 in Stock

Kimberly-Clark Co. (NYSE:KMB - Get Free Report) VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $136.83, for a total value of $342,075.00. Following the transaction, the vice president now owns 8,053 shares of the company's stock, valued at approximately $1,101,891.99. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Kimberly-Clark Price Performance

Shares of KMB stock traded up $0.08 during trading hours on Thursday, reaching $136.55. The company had a trading volume of 1,687,240 shares, compared to its average volume of 2,230,353. The company has a market capitalization of $45.98 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 3.89 and a beta of 0.38. Kimberly-Clark Co. has a 12-month low of $116.32 and a 12-month high of $147.02. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81. The stock has a fifty day moving average of $127.19 and a 200-day moving average of $123.33.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.40. The company had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The firm's revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.67 earnings per share. On average, equities analysts anticipate that Kimberly-Clark Co. will post 7 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 7th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.57%. Kimberly-Clark's payout ratio is 89.71%.

Wall Street Analyst Weigh In

KMB has been the subject of a number of analyst reports. Royal Bank of Canada upped their price target on Kimberly-Clark from $123.00 to $126.00 and gave the stock a "sector perform" rating in a report on Wednesday, April 24th. Evercore ISI upgraded Kimberly-Clark from an "in-line" rating to an "outperform" rating and boosted their price objective for the stock from $133.00 to $150.00 in a research note on Thursday, March 28th. The Goldman Sachs Group boosted their price objective on Kimberly-Clark from $135.00 to $152.00 and gave the stock a "buy" rating in a research note on Wednesday, April 24th. Wells Fargo & Company boosted their price objective on Kimberly-Clark from $131.00 to $136.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 24th. Finally, StockNews.com upgraded Kimberly-Clark from a "hold" rating to a "buy" rating in a research note on Thursday, April 11th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $134.85.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Rise Advisors LLC lifted its stake in Kimberly-Clark by 926.3% during the first quarter. Rise Advisors LLC now owns 195 shares of the company's stock worth $25,000 after purchasing an additional 176 shares in the last quarter. Accordant Advisory Group Inc acquired a new position in Kimberly-Clark during the first quarter worth $27,000. Cranbrook Wealth Management LLC lifted its stake in Kimberly-Clark by 90.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company's stock worth $26,000 after purchasing an additional 100 shares in the last quarter. OFI Invest Asset Management acquired a new position in Kimberly-Clark during the third quarter worth $25,000. Finally, Centerpoint Advisors LLC raised its stake in shares of Kimberly-Clark by 175.0% in the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company's stock valued at $33,000 after acquiring an additional 175 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Company 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.