Sen. Tommy Tuberville Sells Off Shares of Kimberly-Clark Co. (NYSE:KMB)

Senator Tommy Tuberville (R-Alabama) recently sold shares of Kimberly-Clark Co. NYSE: KMB. In a filing disclosed on November 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in Kimberly-Clark stock on October 29th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Travelers Companies NYSE: TRV on 10/29/2024.
• Sold $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 10/29/2024.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 10/29/2024.
• Sold $15,001 - $50,000 in shares of Johnson & Johnson NYSE: JNJ on 10/29/2024.
• Sold $1,001 - $15,000 in shares of Corteva NYSE: CTVA on 10/29/2024.
• Sold $15,001 - $50,000 in shares of Honeywell International NASDAQ: HON on 10/29/2024.
• Sold $15,001 - $50,000 in shares of Owens Corning NYSE: OC on 10/29/2024.
• Sold $15,001 - $50,000 in shares of Adobe NASDAQ: ADBE on 10/29/2024.
• Sold $15,001 - $50,000 in shares of McDonald's NYSE: MCD on 10/29/2024.
• Sold $15,001 - $50,000 in shares of Medtronic NYSE: MDT on 8/26/2024.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock traded up $2.40 during trading on Friday, hitting $134.08. 3,199,116 shares of the company's stock were exchanged, compared to its average volume of 2,110,211. The business has a 50-day simple moving average of $139.49 and a 200-day simple moving average of $139.12. The stock has a market capitalization of $44.71 billion, a price-to-earnings ratio of 17.39, a PEG ratio of 2.77 and a beta of 0.40. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business had revenue of $4.95 billion for the quarter, compared to analysts' expectations of $5.06 billion. During the same quarter last year, the company earned $1.74 EPS. The business's revenue was down 3.5% on a year-over-year basis. On average, research analysts forecast that Kimberly-Clark Co. will post 7.27 EPS for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 6th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.64%. The ex-dividend date of this dividend is Friday, December 6th. Kimberly-Clark's payout ratio is 63.29%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in KMB. William B. Walkup & Associates Inc. purchased a new stake in shares of Kimberly-Clark during the 2nd quarter worth $26,000. Crewe Advisors LLC purchased a new position in shares of Kimberly-Clark in the 1st quarter valued at about $27,000. New Millennium Group LLC purchased a new stake in Kimberly-Clark during the second quarter worth approximately $28,000. Darwin Wealth Management LLC purchased a new position in Kimberly-Clark in the third quarter valued at approximately $29,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Kimberly-Clark during the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 76.29% of the company's stock.

Wall Street Analyst Weigh In

KMB has been the subject of several recent analyst reports. Wells Fargo & Company cut their price target on Kimberly-Clark from $138.00 to $134.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 24th. JPMorgan Chase & Co. decreased their target price on Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating on the stock in a research report on Wednesday, October 23rd. StockNews.com downgraded Kimberly-Clark from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, July 30th. TD Cowen assumed coverage on shares of Kimberly-Clark in a report on Tuesday, July 23rd. They set a "buy" rating and a $161.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a "hold" rating in a research report on Tuesday, October 8th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, Kimberly-Clark presently has a consensus rating of "Hold" and an average price target of $149.93.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville's career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

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.