Register Financial Advisors LLC Invests $65,000 in Kimberly-Clark Co. (NYSE:KMB)

Register Financial Advisors LLC acquired a new stake in Kimberly-Clark Co. (NYSE:KMB) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 506 shares of the company’s stock, valued at approximately $65,000.

A number of other large investors have also added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Kimberly-Clark by 45.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,405 shares of the company’s stock worth $411,000 after purchasing an additional 1,062 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in Kimberly-Clark by 36.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 24,550 shares of the company’s stock worth $2,967,000 after acquiring an additional 6,501 shares during the last quarter. Cape Cod Five Cents Savings Bank boosted its holdings in Kimberly-Clark by 120.4% during the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 3,908 shares of the company’s stock worth $472,000 after acquiring an additional 2,135 shares during the last quarter. CWA Asset Management Group LLC boosted its holdings in Kimberly-Clark by 17.8% during the 3rd quarter. CWA Asset Management Group LLC now owns 1,845 shares of the company’s stock worth $223,000 after acquiring an additional 279 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its holdings in Kimberly-Clark by 56.3% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 54,260 shares of the company’s stock worth $6,557,000 after acquiring an additional 19,555 shares during the last quarter. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

KMB stock traded down $1.13 during mid-day trading on Friday, reaching $138.22. 4,428,326 shares of the company traded hands, compared to its average volume of 2,163,461. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54. The company has a market capitalization of $46.54 billion, a P/E ratio of 25.41, a P/E/G ratio of 3.14 and a beta of 0.38. Kimberly-Clark Co. has a 52-week low of $116.32 and a 52-week high of $142.20. The company has a fifty day moving average price of $135.86 and a 200-day moving average price of $127.49.

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

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders 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 dividend yield of 3.53%. The ex-dividend date is Friday, June 7th. Kimberly-Clark’s payout ratio is 89.71%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Kimberly-Clark from $115.00 to $123.00 and gave the stock an “underweight” rating in a report on Wednesday, April 24th. Citigroup lifted their target price on Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a research note on Wednesday, April 24th. The Goldman Sachs Group lifted their target price on Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Wednesday, April 24th. BNP Paribas started coverage on Kimberly-Clark in a research note on Monday. They set a “neutral” rating and a $146.00 target price on the stock. Finally, Piper Sandler lifted their target price on Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research note on Thursday, March 28th. 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 stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $141.64.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 6,390 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $135.59, for a total value of $866,420.10. Following the completion of the sale, the insider now owns 33,649 shares of the company’s stock, valued at $4,562,467.91. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the business’s 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 sale, the insider now owns 795 shares in the company, valued at $109,050.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffrey P. Melucci sold 6,390 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $135.59, for a total value of $866,420.10. Following the completion of the sale, the insider now owns 33,649 shares of the company’s stock, valued at approximately $4,562,467.91. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,395 shares of company stock valued at $3,332,776. 0.62% of the stock is owned by corporate 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.