Toth Financial Advisory Corp Has $4.26 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Toth Financial Advisory Corp lessened its stake in Kimberly-Clark Co. (NYSE:KMB) by 1.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,915 shares of the company’s stock after selling 430 shares during the quarter. Toth Financial Advisory Corp’s holdings in Kimberly-Clark were worth $4,256,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in KMB. Price T Rowe Associates Inc. MD boosted its stake in Kimberly-Clark by 19.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,893,146 shares of the company’s stock worth $762,279,000 after acquiring an additional 944,920 shares during the last quarter. Wulff Hansen & CO. boosted its position in shares of Kimberly-Clark by 13,720.0% during the second quarter. Wulff Hansen & CO. now owns 641,524 shares of the company’s stock worth $88,659,000 after purchasing an additional 636,882 shares in the last quarter. Marshall Wace LLP boosted its position in shares of Kimberly-Clark by 48.4% during the second quarter. Marshall Wace LLP now owns 1,545,147 shares of the company’s stock worth $213,539,000 after purchasing an additional 503,839 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Kimberly-Clark by 22.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,934,655 shares of the company’s stock valued at $267,383,000 after buying an additional 354,501 shares during the period. Finally, Capital World Investors increased its position in shares of Kimberly-Clark by 17.8% in the 1st quarter. Capital World Investors now owns 2,269,492 shares of the company’s stock valued at $293,559,000 after buying an additional 342,790 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Stock Down 0.6 %

Shares of NYSE:KMB traded down $0.87 during midday trading on Monday, reaching $144.54. The company had a trading volume of 782,802 shares, compared to its average volume of 2,100,617. Kimberly-Clark Co. has a 1-year low of $116.63 and a 1-year high of $149.30. The stock has a market cap of $48.67 billion, a PE ratio of 26.73, a P/E/G ratio of 2.98 and a beta of 0.39. The company has a quick ratio of 0.58, a current ratio of 0.85 and a debt-to-equity ratio of 5.59. The business’s 50 day moving average price is $143.15 and its 200 day moving average price is $138.46.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, July 23rd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.25. The firm had revenue of $5.03 billion for the quarter, compared to analyst estimates of $5.10 billion. Kimberly-Clark had a return on equity of 223.55% and a net margin of 11.28%. The business’s quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.65 EPS. Research analysts forecast that Kimberly-Clark Co. will post 7.25 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Friday, September 6th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.38%. The ex-dividend date was Friday, September 6th. Kimberly-Clark’s dividend payout ratio (DPR) is currently 89.71%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on KMB shares. Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a research note on Wednesday, July 24th. Wells Fargo & Company decreased their price objective on Kimberly-Clark from $138.00 to $134.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 24th. JPMorgan Chase & Co. raised their target price on shares of Kimberly-Clark from $137.00 to $142.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. StockNews.com cut shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. Finally, Argus upgraded shares of Kimberly-Clark to a “hold” rating in a report on Friday, July 26th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $149.14.

Insider Buying and Selling at Kimberly-Clark

In other news, insider Gonzalo Uribe sold 1,780 shares of the business’s 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 transaction, the insider now directly owns 7,377 shares in the company, valued at $1,038,976.68. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, insider Gonzalo Uribe sold 1,780 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 7,377 shares of the company’s stock, valued at $1,038,976.68. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a 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 stock was sold at an average price of $141.42, for a total value of $5,331,392.58. Following the transaction, the insider now directly owns 19,935 shares in the company, valued at $2,819,207.70. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark Company 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.