Farmers National Bank Purchases New Holdings in Kimberly Clark Corp (KMB)

Farmers National Bank purchased a new stake in Kimberly Clark Corp (NYSE:KMB) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 8,319 shares of the company’s stock, valued at approximately $1,031,000.

Several other large investors have also bought and sold shares of KMB. Vanguard Group Inc grew its position in Kimberly Clark by 1.0% during the third quarter. Vanguard Group Inc now owns 26,068,811 shares of the company’s stock worth $2,962,461,000 after buying an additional 264,393 shares in the last quarter. BKD Wealth Advisors LLC grew its position in Kimberly Clark by 4.6% during the fourth quarter. BKD Wealth Advisors LLC now owns 4,917 shares of the company’s stock worth $560,000 after buying an additional 217 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Kimberly Clark during the fourth quarter worth approximately $33,000. Weather Gauge Advisory LLC acquired a new stake in Kimberly Clark during the fourth quarter worth approximately $2,064,000. Finally, R.H. Dinel Investment Counsel Inc. acquired a new stake in Kimberly Clark during the fourth quarter worth approximately $407,000. Institutional investors and hedge funds own 73.60% of the company’s stock.

In other news, insider Thomas J. Falk sold 303,578 shares of the stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $125.66, for a total value of $38,147,611.48. Following the completion of the transaction, the insider now directly owns 83,717 shares in the company, valued at approximately $10,519,878.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Sandra Macquillan sold 16,848 shares of the stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $128.76, for a total value of $2,169,348.48. Following the completion of the transaction, the senior vice president now owns 26,934 shares of the company’s stock, valued at $3,468,021.84. The disclosure for this sale can be found here. Insiders have sold 414,625 shares of company stock valued at $52,290,397 over the last 90 days. Corporate insiders own 0.85% of the company’s stock.

KMB has been the topic of a number of analyst reports. Barclays reissued a “hold” rating and set a $109.00 price target on shares of Kimberly Clark in a research report on Friday, January 25th. Morgan Stanley increased their price target on Kimberly Clark from $113.00 to $124.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 12th. BNP Paribas initiated coverage on Kimberly Clark in a research report on Monday, February 11th. They set an “outperform” rating and a $130.00 price target on the stock. Wells Fargo & Co reissued a “hold” rating and set a $105.00 price target on shares of Kimberly Clark in a research report on Wednesday, January 23rd. Finally, Argus raised Kimberly Clark from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a research report on Tuesday, April 23rd. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $120.24.

NYSE KMB opened at $130.11 on Tuesday. The company has a debt-to-equity ratio of 51.24, a current ratio of 0.73 and a quick ratio of 0.47. Kimberly Clark Corp has a fifty-two week low of $99.36 and a fifty-two week high of $132.47. The firm has a market cap of $44.33 billion, a price-to-earnings ratio of 19.68, a price-to-earnings-growth ratio of 3.76 and a beta of 0.61.

Kimberly Clark (NYSE:KMB) last released its earnings results on Monday, April 22nd. The company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.12. Kimberly Clark had a return on equity of 5,637.04% and a net margin of 9.63%. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.55 billion. During the same period in the prior year, the company earned $1.71 earnings per share. The company’s quarterly revenue was down 2.1% on a year-over-year basis. As a group, analysts predict that Kimberly Clark Corp will post 6.66 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Friday, June 7th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend is Thursday, June 6th. Kimberly Clark’s payout ratio is presently 62.33%.

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About Kimberly Clark

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.

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Institutional Ownership by Quarter for Kimberly Clark (NYSE:KMB)

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