Doug Cunningham Sells 3,833 Shares of Kimberly-Clark Co. (NYSE:KMB) Stock

Kimberly-Clark Co. (NYSE:KMB - Get Free Report) insider Doug Cunningham sold 3,833 shares of Kimberly-Clark stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $136.82, for a total transaction of $524,431.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Doug Cunningham also recently made the following trade(s):

• On Wednesday, May 1st, Doug Cunningham sold 1,040 shares of Kimberly-Clark stock. The stock was sold at an average price of $136.86, for a total transaction of $142,334.40.

Kimberly-Clark Stock Performance

Shares of KMB traded up $0.01 during trading hours on Friday, hitting $136.67. The stock had a trading volume of 989,440 shares, compared to its average volume of 2,201,010. 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 firm has a 50-day moving average price of $128.68 and a 200 day moving average price of $123.80. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $145.29. The firm has a market capitalization of $46.02 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 3.87 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 EPS 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 net margin of 9.05% and a return on equity of 250.28%. The firm's revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.67 EPS. As a group, research analysts anticipate that Kimberly-Clark Co. will post 7 EPS for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date is Friday, June 7th. Kimberly-Clark's payout ratio is 89.71%.

Institutional Investors Weigh In On Kimberly-Clark

A number of large investors have recently modified their holdings of KMB. Spirepoint Private Client LLC acquired a new position in Kimberly-Clark in the first quarter valued at about $397,000. First Foundation Advisors grew its position in shares of Kimberly-Clark by 7.9% during the first quarter. First Foundation Advisors now owns 1,403 shares of the company's stock worth $181,000 after acquiring an additional 103 shares during the last quarter. Councilmark Asset Management LLC purchased a new position in shares of Kimberly-Clark during the first quarter worth approximately $515,000. Pinkerton Retirement Specialists LLC lifted its holdings in shares of Kimberly-Clark by 57.1% during the first quarter. Pinkerton Retirement Specialists LLC now owns 30,406 shares of the company's stock worth $3,933,000 after purchasing an additional 11,054 shares during the period. Finally, Mizuho Markets Americas LLC lifted its holdings in shares of Kimberly-Clark by 120.6% during the first quarter. Mizuho Markets Americas LLC now owns 82,797 shares of the company's stock worth $10,710,000 after purchasing an additional 45,263 shares during the period. Hedge funds and other institutional investors own 76.29% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on KMB. Barclays boosted their target price on shares of Kimberly-Clark from $132.00 to $136.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 25th. Wells Fargo & Company boosted their target price on shares of Kimberly-Clark from $131.00 to $136.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 24th. JPMorgan Chase & Co. boosted their target price on shares of Kimberly-Clark from $115.00 to $123.00 and gave the stock an "underweight" rating in a research report on Wednesday, April 24th. HSBC lifted their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a "hold" rating in a research note on Wednesday, April 24th. Finally, StockNews.com upgraded shares of Kimberly-Clark from a "hold" rating to a "buy" rating in a research note on Thursday, April 11th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $134.85.

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.