Key Points
- Director Todd Maclin bought 266 shares on April 9 at an average price of $145.77 (≈$38,775), increasing his stake to 2,400 shares—a 12.46% rise in ownership.
- Kimberly‑Clark raised its quarterly dividend to $1.28 (from $1.26), implying a $5.12 annualized payout and about a 4.9% yield; the ex‑dividend date was March 6 and the payment date was April 2.
- The stock has a 52‑week range of $96.26–$150.45, a market cap of ~$34.6B and a P/E of ~17.2; analysts hold a consensus "Hold" rating with a $118.58 target after the company reported EPS of $1.86 (beat) while revenue fell 0.6% year‑over‑year.
Kimberly-Clark Corporation (NASDAQ:KMB - Get Free Report) Director Todd Maclin acquired 266 shares of the company's stock in a transaction on Wednesday, April 9th. The stock was bought at an average cost of $145.77 per share, with a total value of $38,774.82. Following the completion of the acquisition, the director directly owned 2,400 shares in the company, valued at approximately $349,848. This represents a 12.46% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
Kimberly-Clark Stock Performance
KMB opened at $104.33 on Friday. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.54 and a current ratio of 0.75. Kimberly-Clark Corporation has a 52-week low of $96.26 and a 52-week high of $150.45. The firm has a market cap of $34.63 billion, a P/E ratio of 17.19, a price-to-earnings-growth ratio of 4.09 and a beta of 0.26. The business's fifty day moving average is $101.33 and its 200-day moving average is $114.59.
Kimberly-Clark (NASDAQ:KMB - Get Free Report) last posted its quarterly earnings data on Tuesday, January 27th. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.05. Kimberly-Clark had a net margin of 11.73% and a return on equity of 170.48%. The business had revenue of $4.08 billion during the quarter, compared to analysts' expectations of $4.11 billion. During the same quarter in the prior year, the business posted $1.50 earnings per share. Kimberly-Clark's revenue was down .6% compared to the same quarter last year. Sell-side analysts expect that Kimberly-Clark Corporation will post 7.5 EPS for the current fiscal year.
Kimberly-Clark Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th will be given a dividend of $1.28 per share. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.26. This represents a $5.12 annualized dividend and a yield of 4.9%. The ex-dividend date is Friday, March 6th. Kimberly-Clark's dividend payout ratio (DPR) is presently 83.03%.
Hedge Funds Weigh In On Kimberly-Clark
Hedge funds have recently modified their holdings of the company. Brighton Jones LLC increased its position in Kimberly-Clark by 74.1% in the fourth quarter. Brighton Jones LLC now owns 6,494 shares of the company's stock worth $851,000 after buying an additional 2,765 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in Kimberly-Clark by 13.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 4,534 shares of the company's stock valued at $584,000 after acquiring an additional 529 shares during the period. Capital Management Associates Inc purchased a new stake in shares of Kimberly-Clark during the second quarter worth $222,000. Maryland State Retirement & Pension System boosted its holdings in shares of Kimberly-Clark by 2.7% in the second quarter. Maryland State Retirement & Pension System now owns 16,151 shares of the company's stock worth $2,082,000 after acquiring an additional 429 shares during the period. Finally, Columbus Macro LLC grew its position in shares of Kimberly-Clark by 5.3% in the second quarter. Columbus Macro LLC now owns 53,906 shares of the company's stock valued at $6,950,000 after purchasing an additional 2,720 shares in the last quarter. Institutional investors own 76.29% of the company's stock.
Wall Street Analysts Forecast Growth
KMB has been the subject of a number of research analyst reports. Wells Fargo & Company lowered their price target on Kimberly-Clark from $110.00 to $105.00 and set an "equal weight" rating for the company in a report on Monday, January 5th. TD Cowen cut their price objective on Kimberly-Clark from $112.00 to $105.00 and set a "hold" rating on the stock in a report on Thursday, January 8th. Royal Bank Of Canada reiterated an "overweight" rating and set a $162.00 target price on shares of Kimberly-Clark in a research report on Tuesday, October 28th. Morgan Stanley cut their target price on Kimberly-Clark from $144.00 to $125.00 and set an "equal weight" rating on the stock in a report on Tuesday, November 4th. Finally, Barclays set a $102.00 price target on shares of Kimberly-Clark in a research report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $118.58.
Read Our Latest Report on KMB
Kimberly-Clark Company Profile
(
Get Free Report)
Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.
Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.
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