Thompson Investment Management Inc. Has $4.95 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Thompson Investment Management Inc. grew its position in Kimberly-Clark Co. (NYSE:KMB) by 0.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,286 shares of the company’s stock after purchasing 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 reporting period.

Other large investors have also bought and sold shares of the company. Norges Bank bought a new position in Kimberly-Clark in the fourth quarter valued at approximately $437,420,000. American Century Companies Inc. lifted its holdings in Kimberly-Clark by 14.7% during the 3rd quarter. American Century Companies Inc. now owns 4,996,401 shares of the company’s stock valued at $603,815,000 after purchasing an additional 641,187 shares during the last quarter. Royal Bank of Canada grew its position in shares of Kimberly-Clark by 31.4% in the third quarter. Royal Bank of Canada now owns 2,197,184 shares of the company’s stock valued at $265,530,000 after purchasing an additional 524,632 shares during the last quarter. Capital World Investors boosted its stake in Kimberly-Clark by 23.8% in the 4th quarter. Capital World Investors now owns 1,926,702 shares of the company’s stock valued at $234,114,000 after purchasing an additional 370,094 shares during the period. Finally, Nordea Investment Management AB increased its stake in shares of Kimberly-Clark by 28.3% in the 4th quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock valued at $202,740,000 after purchasing an additional 368,505 shares during the last quarter. 76.29% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Doug Cunningham sold 3,833 shares of the firm’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $136.82, for a total value of $524,431.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Doug Cunningham sold 3,833 shares of the business’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $136.82, for a total value of $524,431.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $136.83, for a total value of $342,075.00. Following the completion of the transaction, the vice president now directly owns 8,053 shares in the company, valued at $1,101,891.99. The disclosure for this sale can be found here. Insiders have sold 24,395 shares of company stock worth $3,332,776 in the last quarter. 0.62% of the stock is owned by insiders.

Kimberly-Clark Stock Performance

Kimberly-Clark stock traded up $0.55 during mid-day trading on Wednesday, reaching $138.97. 672,126 shares of the company traded hands, compared to its average volume of 2,141,822. The firm’s fifty day moving average is $135.09 and its two-hundred day moving average is $127.21. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $142.20. 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 $46.79 billion, a price-to-earnings ratio of 25.58, a price-to-earnings-growth ratio of 3.12 and a beta of 0.38.

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

Kimberly-Clark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 7th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date is Friday, June 7th. Kimberly-Clark’s dividend payout ratio (DPR) is 89.71%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Barclays lifted their price objective 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. Piper Sandler increased their target price on shares of Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a report on Thursday, March 28th. JPMorgan Chase & Co. lifted their target price on shares of Kimberly-Clark from $115.00 to $123.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 24th. Bank of America upgraded Kimberly-Clark from an “underperform” rating to a “buy” rating and lifted their price target for the stock from $115.00 to $160.00 in a report on Thursday, June 13th. Finally, BNP Paribas assumed coverage on Kimberly-Clark in a report on Monday. They issued a “neutral” rating and a $146.00 price target for the company. Two analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and a consensus target price of $141.64.

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.