WBH Advisory Inc. Sells 180 Shares of Kimberly-Clark Co. (NYSE:KMB)

WBH Advisory Inc. lowered its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,414 shares of the company’s stock after selling 180 shares during the period. WBH Advisory Inc.’s holdings in Kimberly-Clark were worth $971,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. MOKAN Wealth Management Inc. acquired a new stake in shares of Kimberly-Clark in the 4th quarter valued at $598,000. Secured Retirement Advisors LLC bought a new position in shares of Kimberly-Clark in the 4th quarter worth about $650,000. Strategic Financial Concepts LLC bought a new position in shares of Kimberly-Clark in the 4th quarter worth about $33,000. Allworth Financial LP raised its position in shares of Kimberly-Clark by 27.1% in the 4th quarter. Allworth Financial LP now owns 15,150 shares of the company’s stock worth $1,911,000 after acquiring an additional 3,228 shares in the last quarter. Finally, Principal Securities Inc. grew its stake in shares of Kimberly-Clark by 16.1% in the 4th quarter. Principal Securities Inc. now owns 11,715 shares of the company’s stock valued at $1,535,000 after buying an additional 1,624 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

KMB stock opened at $132.79 on Tuesday. Kimberly-Clark Co. has a 52 week low of $117.93 and a 52 week high of $149.30. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The company has a fifty day simple moving average of $129.84 and a two-hundred day simple moving average of $136.53. The firm has a market capitalization of $44.28 billion, a P/E ratio of 17.59, a price-to-earnings-growth ratio of 4.12 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Analysts anticipate that Kimberly-Clark Co. will post 7.51 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be issued a $1.26 dividend. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date of this dividend is Friday, March 7th. Kimberly-Clark’s dividend payout ratio (DPR) is currently 64.64%.

Wall Street Analyst Weigh In

KMB has been the subject of a number of analyst reports. Royal Bank of Canada reiterated an “outperform” rating and set a $165.00 price target on shares of Kimberly-Clark in a research note on Friday, January 24th. Citigroup lowered their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a report on Wednesday, January 15th. JPMorgan Chase & Co. reduced their price target 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. UBS Group upped their target price on shares of Kimberly-Clark from $132.00 to $134.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Finally, Piper Sandler restated an “overweight” rating and set a $158.00 price target (down previously from $161.00) on shares of Kimberly-Clark in a report on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $143.64.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the sale, the vice president now directly owns 5,053 shares in the company, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.62% of the stock is owned by company insiders.

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.