2 weeks Ago By ABMN Staff
Daymark Wealth Partners LLC increased its position in shares of Kimberly-Clark Co. ( NYSE:KMB – Free Report ) by 10.0% during the second quarter, HoldingsChannel.
com reports. The institutional investor owned 12,788 shares of the company’s stock after buying an additional 1,163 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Kimberly-Clark were worth $1,767,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its stake in shares of Kimberly-Clark by 6.2% in the 4th quarter.
Parallel Advisors LLC now owns 6,456 shares of the company’s stock valued at $785,000 after purchasing an additional 378 shares in the last quarter. TD Asset Management Inc increased its position in shares of Kimberly-Clark by 3.4% in the fourth quarter.
TD Asset Management Inc now owns 440,530 shares of the company’s stock valued at $53,529,000 after buying an additional 14,451 shares in the last quarter. Focus Financial Network Inc. ADV purchased a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $1,094,000.
Treasurer of the State of North Carolina raised its stake in shares of Kimberly-Clark by 0.9% during the 4th quarter. Treasurer of the State of North Carolina now owns 158,581 shares of the company’s stock worth $19,269,000 after buying an additional 1,488 shares during the period.
Finally, TFO Wealth Partners LLC lifted its position in shares of Kimberly-Clark by 99,100.0% during the 4th quarter. TFO Wealth Partners LLC now owns 992 shares of the company’s stock valued at $122,000 after buying an additional 991 shares in the last quarter.
Institutional investors and hedge funds own 76.29% of the company’s stock. Insider Transactions at Kimberly-Clark In other Kimberly-Clark news, insider Gonzalo Uribe sold 1,780 shares of Kimberly-Clark stock in a transaction on Monday, July 29th.
The stock was sold at an average price of $140.84, for a total value of $250,695.20.
Following the sale, the insider now owns 7,377 shares in the company, valued at $1,038,976.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website .
In other Kimberly-Clark news, insider Gonzalo Uribe sold 1,780 shares of the stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $140.84, for a total transaction of $250,695.
20. Following the completion of the transaction, the insider now owns 7,377 shares of the company’s stock, valued at $1,038,976.68.
The sale was disclosed in a legal filing with the SEC, which is available at this link . Also, insider Jeffrey P. Melucci sold 37,699 shares of the business’s stock in a transaction that occurred on Thursday, July 25th.
The shares were sold at an average price of $141.42, for a total value of $5,331,392.58.
Following the completion of the sale, the insider now directly owns 19,935 shares in the company, valued at approximately $2,819,207.70. The disclosure for this sale can be found here .
Insiders own 0.62% of the company’s stock. Analyst Upgrades and Downgrades Check Out Our Latest Stock Report on Kimberly-Clark Kimberly-Clark Stock Performance Shares of Kimberly-Clark stock opened at $142.
18 on Friday. The company has a debt-to-equity ratio of 5.59, a quick ratio of 0.
58 and a current ratio of 0.85. The business’s 50 day moving average price is $142.
22 and its 200 day moving average price is $136.43. The company has a market cap of $47.
89 billion, a price-to-earnings ratio of 26.14, a PEG ratio of 3.00 and a beta of 0.
39. Kimberly-Clark Co. has a one year low of $116.
32 and a one year high of $149.30. Kimberly-Clark ( NYSE:KMB – Get Free Report ) last announced its quarterly earnings results on Tuesday, July 23rd.
The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.
25. Kimberly-Clark had a net margin of 11.28% and a return on equity of 223.
55%. The firm had revenue of $5.03 billion for the quarter, compared to analysts’ expectations of $5.
10 billion. During the same quarter in the previous year, the company posted $1.65 EPS.
The company’s revenue was down 2.0% compared to the same quarter last year. On average, research analysts predict that Kimberly-Clark Co.
will post 7.25 EPS for the current year. Kimberly-Clark Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd.
Stockholders of record on Friday, September 6th will be paid a $1.22 dividend. The ex-dividend date is Friday, September 6th.
This represents a $4.88 annualized dividend and a dividend yield of 3.43%.
Kimberly-Clark’s dividend payout ratio (DPR) is 89.71%. About Kimberly-Clark ( Free Report ) 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. Read More Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Kimberly-Clark Co. ( NYSE:KMB – Free Report ). Receive News & Ratings for Kimberly-Clark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark and related companies with MarketBeat.
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