Donaldson Capital Management LLC Reduces Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Donaldson Capital Management LLC cut its holdings in Kimberly-Clark Co. (NYSE:KMB) by 5.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,091 shares of the company’s stock after selling 110 shares during the quarter. Donaldson Capital Management LLC’s holdings in Kimberly-Clark were worth $270,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Rise Advisors LLC grew its position in Kimberly-Clark by 926.3% during the 1st quarter. Rise Advisors LLC now owns 195 shares of the company’s stock worth $25,000 after purchasing an additional 176 shares during the last quarter. Accordant Advisory Group Inc acquired a new stake in shares of Kimberly-Clark during the first quarter worth $27,000. Cranbrook Wealth Management LLC grew its holdings in shares of Kimberly-Clark by 90.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the last quarter. OFI Invest Asset Management acquired a new position in shares of Kimberly-Clark in the 3rd quarter valued at $25,000. Finally, Centerpoint Advisors LLC raised its stake in Kimberly-Clark by 175.0% in the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after acquiring an additional 175 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the completion of the transaction, the insider now directly owns 795 shares in the company, valued at $109,050.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related 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 transaction of $1,396,116.26. Following the completion of the sale, the insider now directly owns 795 shares in the company, valued at $109,050.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark T. Smucker acquired 827 shares of the firm’s stock in a transaction on Monday, January 29th. The stock was purchased at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the acquisition, the director now directly owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on KMB shares. Evercore ISI raised Kimberly-Clark from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $133.00 to $150.00 in a report on Thursday, March 28th. Citigroup increased their price target on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a report on Wednesday. UBS Group lifted their price objective on shares of Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a research note on Wednesday. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Thursday, April 11th. Finally, Royal Bank of Canada raised their target price on shares of Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a report on Wednesday. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus price target of $134.85.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock traded down $1.19 during trading hours on Friday, reaching $135.24. The stock had a trading volume of 2,123,919 shares, compared to its average volume of 2,437,404. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $147.09. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. The firm has a market capitalization of $45.54 billion, a PE ratio of 24.86, a PEG ratio of 3.90 and a beta of 0.40. The stock’s 50 day moving average is $125.86 and its 200 day moving average is $122.87.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. The company had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. Kimberly-Clark’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.67 EPS. Equities analysts expect that Kimberly-Clark Co. will post 6.98 earnings per share for the current fiscal year.

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.