Bartlett & CO. Wealth Management LLC Sells 874 Shares of Kimberly-Clark Co. (NYSE:KMB)

Bartlett & CO. Wealth Management LLC trimmed its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,527 shares of the company’s stock after selling 874 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Kimberly-Clark were worth $3,774,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of KMB. William B. Walkup & Associates Inc. purchased a new position in shares of Kimberly-Clark in the second quarter worth $26,000. Darwin Wealth Management LLC bought a new stake in Kimberly-Clark in the 3rd quarter valued at $29,000. DiNuzzo Private Wealth Inc. lifted its stake in Kimberly-Clark by 808.0% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after purchasing an additional 202 shares in the last quarter. Kennebec Savings Bank bought a new position in shares of Kimberly-Clark during the 3rd quarter valued at about $36,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of Kimberly-Clark during the third quarter valued at about $39,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Insiders Place Their Bets

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

Analysts Set New Price Targets

Several equities analysts have weighed in on KMB shares. Barclays cut their price target on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Deutsche Bank Aktiengesellschaft raised their target price 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. JPMorgan Chase & Co. lowered their price objective on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Royal Bank of Canada restated an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a report on Wednesday, October 23rd. Finally, Wells Fargo & Company lowered their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $143.71.

Kimberly-Clark Stock Performance

Shares of KMB stock opened at $127.13 on Friday. The stock has a market cap of $42.39 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 3.54 and a beta of 0.41. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30. The business has a 50-day simple moving average of $132.05 and a 200-day simple moving average of $137.75. 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 released its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The business had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. During the same quarter in the prior year, the firm posted $1.74 EPS. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. On average, equities analysts expect that Kimberly-Clark Co. will post 7.32 EPS for the current year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were issued a $1.22 dividend. The ex-dividend date was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a yield of 3.84%. Kimberly-Clark’s 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.