B.O.S.S. Retirement Advisors LLC Acquires 337 Shares of Kimberly-Clark Co. (NYSE:KMB)

B.O.S.S. Retirement Advisors LLC lifted its holdings in Kimberly-Clark Co. (NYSE:KMB) by 2.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,075 shares of the company’s stock after purchasing an additional 337 shares during the period. B.O.S.S. Retirement Advisors LLC’s holdings in Kimberly-Clark were worth $2,145,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in KMB. Rise Advisors LLC increased its stake in shares of Kimberly-Clark by 926.3% in the first quarter. Rise Advisors LLC now owns 195 shares of the company’s stock worth $25,000 after purchasing an additional 176 shares during the period. William B. Walkup & Associates Inc. bought a new position in Kimberly-Clark during the second quarter valued at about $26,000. Crewe Advisors LLC bought a new stake in shares of Kimberly-Clark in the 1st quarter valued at approximately $27,000. New Millennium Group LLC bought a new stake in shares of Kimberly-Clark in the 2nd quarter valued at approximately $28,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Kimberly-Clark in the 2nd quarter valued at approximately $32,000. 76.29% of the stock is currently owned by institutional investors.

Insider Activity at Kimberly-Clark

In related news, insider Jeffrey P. Melucci sold 37,699 shares of the company’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $141.42, for a total value of $5,331,392.58. Following the completion of the sale, the insider now owns 19,935 shares in the company, valued at $2,819,207.70. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 37,699 shares of the stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $141.42, for a total transaction of $5,331,392.58. Following the completion of the transaction, the insider now owns 19,935 shares in the company, valued at approximately $2,819,207.70. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Gonzalo Uribe sold 1,780 shares of the stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $140.84, for a total value of $250,695.20. Following the transaction, the insider now owns 7,377 shares of the company’s stock, valued at approximately $1,038,976.68. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.62% of the stock is owned by corporate insiders.

Kimberly-Clark Stock Performance

KMB stock opened at $145.94 on Thursday. The business’s fifty day moving average is $142.95 and its 200-day moving average is $138.13. 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 company has a market cap of $49.14 billion, a P/E ratio of 26.83, a price-to-earnings-growth ratio of 2.98 and a beta of 0.39. Kimberly-Clark Co. has a twelve month low of $116.63 and a twelve month high of $149.30.

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, beating analysts’ consensus estimates of $1.71 by $0.25. Kimberly-Clark had a return on equity of 223.55% and a net margin of 11.28%. The company had revenue of $5.03 billion for the quarter, compared to the consensus estimate of $5.10 billion. During the same quarter in the prior year, the business posted $1.65 EPS. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. Equities research analysts forecast that Kimberly-Clark Co. will post 7.25 EPS for the current year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Friday, September 6th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date was Friday, September 6th. Kimberly-Clark’s dividend payout ratio is currently 89.71%.

Analyst Ratings Changes

Several research firms have recently weighed in on KMB. Deutsche Bank Aktiengesellschaft upped their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research note on Tuesday, October 8th. Piper Sandler boosted their target price on Kimberly-Clark from $167.00 to $174.00 and gave the stock an “overweight” rating in a report on Thursday, July 11th. JPMorgan Chase & Co. boosted their target price on Kimberly-Clark from $137.00 to $142.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. StockNews.com downgraded Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a report on Wednesday, July 24th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Kimberly-Clark has an average rating of “Hold” and an average target price of $149.14.

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.