LVW Advisors LLC Has $1.19 Million Stake in Kimberly-Clark Co. (NYSE:KMB)

LVW Advisors LLC raised its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,085 shares of the company’s stock after buying an additional 154 shares during the period. LVW Advisors LLC’s holdings in Kimberly-Clark were worth $1,190,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of KMB. Edgestream Partners L.P. acquired a new stake in shares of Kimberly-Clark during the second quarter worth approximately $731,000. Ieq Capital LLC increased its holdings in shares of Kimberly-Clark by 23.6% during the second quarter. Ieq Capital LLC now owns 19,212 shares of the company’s stock worth $2,655,000 after buying an additional 3,669 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Kimberly-Clark by 4.1% during the second quarter. Thrivent Financial for Lutherans now owns 29,018 shares of the company’s stock worth $4,010,000 after buying an additional 1,155 shares in the last quarter. Summit Trail Advisors LLC increased its holdings in shares of Kimberly-Clark by 12.8% in the second quarter. Summit Trail Advisors LLC now owns 5,929 shares of the company’s stock valued at $827,000 after purchasing an additional 673 shares in the last quarter. Finally, Merriman Wealth Management LLC acquired a new stake in shares of Kimberly-Clark in the second quarter valued at approximately $212,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on KMB shares. Citigroup lowered their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday, January 15th. UBS Group lowered their price target on shares of Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday. Barclays lowered their price target on shares of Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft raised their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday, October 8th. Finally, Piper Sandler lowered their price target on shares of Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and a consensus target price of $143.71.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the sale, the vice president now directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Trading Up 0.5 %

Shares of NYSE KMB opened at $127.33 on Monday. The company’s fifty day moving average is $132.41 and its 200-day moving average is $137.98. The stock has a market cap of $42.46 billion, a price-to-earnings ratio of 16.51, a P/E/G ratio of 2.69 and a beta of 0.41. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The company had revenue of $4.95 billion for the quarter, compared to analysts’ expectations of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period last year, the firm posted $1.74 earnings per share. Equities research analysts predict that Kimberly-Clark Co. will post 7.31 EPS for the current year.

Kimberly-Clark Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.83%. Kimberly-Clark’s dividend payout ratio is 63.29%.

Kimberly-Clark 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.