Syon Capital LLC Has $567,000 Position in Kimberly-Clark Co. (NYSE:KMB)

Syon Capital LLC boosted its holdings in Kimberly-Clark Co. (NYSE:KMB) by 22.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,669 shares of the company’s stock after acquiring an additional 841 shares during the quarter. Syon Capital LLC’s holdings in Kimberly-Clark were worth $567,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. OFI Invest Asset Management bought a new stake in Kimberly-Clark in the third quarter valued at about $25,000. Cranbrook Wealth Management LLC increased its stake in Kimberly-Clark by 90.9% in the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Centerpoint Advisors LLC increased its stake in Kimberly-Clark by 175.0% in the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock valued at $33,000 after acquiring an additional 175 shares during the period. Wetzel Investment Advisors Inc. bought a new stake in Kimberly-Clark in the fourth quarter valued at about $35,000. Finally, Legacy Financial Group LLC bought a new stake in Kimberly-Clark during the third quarter worth about $37,000. Institutional investors own 76.29% of the company’s stock.

Insider Transactions at Kimberly-Clark

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

Wall Street Analysts Forecast Growth

Several analysts have weighed in on KMB shares. Citigroup upped their price objective on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a research note on Wednesday. HSBC increased their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a report on Thursday, March 28th. JPMorgan Chase & Co. increased their price objective on shares of Kimberly-Clark from $115.00 to $123.00 and gave the company an “underweight” rating in a report on Wednesday. Finally, UBS Group increased their price objective on shares of Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” 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.com, Kimberly-Clark presently has an average rating of “Hold” and a consensus price target of $135.50.

Kimberly-Clark Stock Down 0.9 %

Shares of KMB stock traded down $1.19 during trading hours on Friday, hitting $135.24. 2,123,854 shares of the company were exchanged, compared to its average volume of 2,231,645. The business has a 50 day moving average of $125.53 and a two-hundred day moving average of $122.75. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $147.09. The company has a market capitalization of $45.54 billion, a PE ratio of 24.90, a PEG ratio of 4.05 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The business had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.08 billion. During the same quarter last year, the firm earned $1.67 earnings per share. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. Analysts anticipate that Kimberly-Clark Co. will post 6.92 earnings per share for the current fiscal year.

About Kimberly-Clark

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.