First Financial Corp IN Has $88,000 Stake in Kimberly-Clark Co. (NYSE:KMB)

First Financial Corp IN lifted its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 55.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 668 shares of the company’s stock after purchasing an additional 238 shares during the quarter. First Financial Corp IN’s holdings in Kimberly-Clark were worth $88,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Wesbanco Bank Inc. raised its holdings in shares of Kimberly-Clark by 0.9% during the third quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company’s stock valued at $1,101,000 after purchasing an additional 71 shares during the period. My Legacy Advisors LLC boosted its holdings in Kimberly-Clark by 4.6% in the third quarter. My Legacy Advisors LLC now owns 1,741 shares of the company’s stock worth $248,000 after acquiring an additional 76 shares in the last quarter. Thompson Siegel & Walmsley LLC increased its holdings in shares of Kimberly-Clark by 1.5% during the third quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company’s stock valued at $759,000 after acquiring an additional 77 shares in the last quarter. Graypoint LLC raised its position in shares of Kimberly-Clark by 1.5% during the third quarter. Graypoint LLC now owns 5,315 shares of the company’s stock worth $756,000 after purchasing an additional 78 shares during the period. Finally, Truvestments Capital LLC grew its position in Kimberly-Clark by 2.7% in the 3rd quarter. Truvestments Capital LLC now owns 2,981 shares of the company’s stock valued at $424,000 after purchasing an additional 78 shares during the period. 76.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KMB. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective on the stock. in a research note on Wednesday, January 8th. Piper Sandler decreased their price objective on Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Deutsche Bank Aktiengesellschaft raised their target price on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday, October 8th. Barclays upped their price target on Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. Finally, UBS Group dropped their price objective on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $147.57.

Insider Activity at Kimberly-Clark

In other news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the transaction, the vice president now owns 5,053 shares in the company, valued at $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.62% of the stock is currently owned by company insiders.

Kimberly-Clark Stock Up 0.7 %

KMB opened at $125.35 on Tuesday. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The company’s 50-day moving average price is $132.94 and its two-hundred day moving average price is $138.31. The stock has a market cap of $41.80 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 2.76 and a beta of 0.41. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The business had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $5.06 billion. During the same quarter in the prior year, the business earned $1.74 earnings per share. Kimberly-Clark’s revenue for the quarter was down 3.5% on a year-over-year basis. As a group, equities analysts expect that Kimberly-Clark Co. will post 7.27 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.89%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is currently 63.29%.

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.