Thompson Investment Management Inc. Purchases 339 Shares of Kimberly-Clark Co. (NYSE:KMB)

Thompson Investment Management Inc. raised its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 0.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,286 shares of the company’s stock after acquiring an additional 339 shares during the period. Thompson Investment Management Inc.’s holdings in Kimberly-Clark were worth $4,952,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Sequoia Financial Advisors LLC boosted its stake in Kimberly-Clark by 204.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock valued at $2,500,000 after buying an additional 13,806 shares in the last quarter. Virtu Financial LLC grew its holdings in shares of Kimberly-Clark by 506.8% during the 4th quarter. Virtu Financial LLC now owns 12,955 shares of the company’s stock valued at $1,574,000 after purchasing an additional 10,820 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new position in Kimberly-Clark in the 4th quarter valued at approximately $4,253,000. Nixon Peabody Trust Co. bought a new stake in shares of Kimberly-Clark during the fourth quarter worth $1,081,000. Finally, Rockline Wealth Management LLC acquired a new position in shares of Kimberly-Clark during the fourth quarter worth $1,661,000. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Up 0.4 %

Shares of Kimberly-Clark stock traded up $0.55 on Wednesday, reaching $138.97. The company’s stock had a trading volume of 672,126 shares, compared to its average volume of 2,141,822. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $142.20. The firm’s fifty day simple moving average is $135.09 and its two-hundred day simple moving average is $127.21. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05. The company has a market capitalization of $46.79 billion, a price-to-earnings ratio of 25.58, a P/E/G ratio of 3.12 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter last year, the company posted $1.67 earnings per share. The firm’s quarterly revenue was down .9% on a year-over-year basis. Equities analysts anticipate that Kimberly-Clark Co. will post 7.06 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Friday, June 7th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend is Friday, June 7th. Kimberly-Clark’s dividend payout ratio is currently 89.71%.

Analysts Set New Price Targets

KMB has been the subject of several analyst reports. BNP Paribas initiated coverage on shares of Kimberly-Clark in a research note on Monday. They set a “neutral” rating and a $146.00 price target for the company. StockNews.com downgraded shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Bank of America upgraded Kimberly-Clark from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $115.00 to $160.00 in a research note on Thursday, June 13th. JPMorgan Chase & Co. boosted their price objective on Kimberly-Clark from $115.00 to $123.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 24th. Finally, Barclays lifted their target price on Kimberly-Clark from $132.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 25th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Kimberly-Clark currently has an average rating of “Hold” and a consensus price target of $141.64.

Insider Transactions at Kimberly-Clark

In related news, insider Katy Chen sold 454 shares of the company’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $135.24, for a total transaction of $61,398.96. Following the sale, the insider now owns 520 shares of the company’s stock, valued at $70,324.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Kimberly-Clark news, insider Katy Chen sold 454 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $135.24, for a total transaction of $61,398.96. Following the sale, the insider now directly owns 520 shares in the company, valued at $70,324.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total value of $1,396,116.26. Following the completion of the transaction, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The disclosure for this sale can be found here. Insiders sold a total of 24,395 shares of company stock valued at $3,332,776 over the last three months. Corporate insiders own 0.62% of the company’s stock.

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.