Weekly Top Insider buys: WalMart Stores Inc., Kimberly-Clark Corp., T. Rowe Price Group Inc., Consolidated Edison Inc., and Nordstrom Inc.

Weekly Top Insider buys: WMT, KMB, TROW, ED, JWN

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May 22, 2010
Weekly highlight of top insider buys: WalMart Stores Inc. (WMT, Financial), Kimberly-Clark Corp. (KMB, Financial), T. Rowe Price Group Inc. (TROW, Financial), Consolidated Edison Inc. (ED, Financial), and Nordstrom Inc. (JWN, Financial).



WalMart Stores Inc. (WMT): Director James Breyer Bought 5,000 Shares



Director of WalMart Stores Inc., James Breyer, bought 5,000 shares on 5/20/10 at an average price of $51.37.

Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $192.7 billion; its shares were traded at around $51.37 with a P/E ratio of 14 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2.4%. Walmart Stores Inc. had an annual average earning growth of 11.1% over the past 10 years. GuruFocus rated Walmart Stores Inc. the business predictability rank of 5-star.



On May 18, Wal-Mart Stores, Inc. reported record first quarter sales and earnings for the period ended April 30, 2010. Net sales for the first quarter of fiscal year 2011 were $99.1 billion, an increase of 6.0 percent from $93.5 billion in the first quarter last year. Net sales for the first quarter included a currency exchange rate benefit of $2.5 billion. Income from continuing operations attributable to Walmart for the quarter increased to $3.3 billion from $3.0 billion in the first quarter last year.



WalMart Stores Inc. is owned by twenty Gurus: Bill Gates, Donald Yacktman, George Soros, Mark Hillman, Bill Nygren, Ruane Cunniff, Tom Gayner, Warren Buffett, Wallace Weitz, Prem Watsa, Brian Rogers, Ronald Muhlenkamp, PRIMECAP Management, Jean-Marie Eveillard, Dodge & Cox, Hotckis & Wiley, Kenneth Fisher, Private Capital, Arnold Van Den Berg, and Tweedy Browne.



Last week, Buy:: Director James Breyer bought 5,000 shares of WMT stock.



Kimberly-Clark Corp. (KMB): Director Robert W Decherd Bought 3,000 Shares

Director of Kimberly-Clark Corp., Robert W Decherd, bought 3,000 shares on 5/17/10 at an average price of $61.62.

Kimberly-Clark Corporation is a consumer products companies. Kimberly-Clark Corp. has a market cap of $25.64 billion; its shares were traded at around $61.62 with a P/E ratio of 12.6 and P/S ratio of 1.4. The dividend yield of Kimberly-Clark Corp. stocks is 4.3%. Kimberly-Clark Corp. had an annual average earning growth of 3.4% over the past 10 years. GuruFocus rated Kimberly-Clark Corp. the business predictability rank of 3.5-star.

On April 22, Kimberly-Clark Corporation reported that net sales in the first quarter of 2010 increased 7.6 percent to $4.8 billion, including an approximate 5 percent benefit from stronger foreign currency exchange rates. Organic sales rose 2 percent, with sales volumes and net selling prices each up 1 percent. The combined impact of the I-Flow Corporation and Jackson Safety acquisitions completed in 2009 added an additional point of sales growth in the quarter. The organic volume growth was highlighted by an 8 percent increase for the company's global Health Care business and a 5 percent gain for K-C's international operations in Asia, Latin America, the Middle East, Eastern Europe and Africa.



KimberlyClark Corp. is in the portfolios of seven Gurus: David Dreman, Kenneth Fisher, Brian Rogers, NWQ Managers, Robert Olstein, Dodge & Cox, and Richard Aster Jr.



Last week, Buy:: Director Robert W Decherd bought 3,000 shares of KMB stock. Buy:: SVP & Chief Strategy Officer Christian A. Brickman bought 9,000 shares in April; Buy:: Director Robert W Decherd bought 5,000 shares in February.



T. Rowe Price Group Inc. (TROW): Vice President Michael C. Gitlin Bought 2,000 Shares

Vice President of T. Rowe Price Group Inc., Michael C. Gitlin, bought 2,000 shares on 5/21/10 at an average price of $50.99.

T. Rowe Price Associates, Inc. is an investment adviser to individual and institutional investors in the sponsored T. T. Rowe Price Group Inc. has a market cap of $13.2 billion; its shares were traded at around $50.99 with a P/E ratio of 25.2 and P/S ratio of 7.1. The dividend yield of T. Rowe Price Group Inc. stocks is 2%. T. Rowe Price Group Inc. had an annual average earning growth of 10.6% over the past 10 years.

On April 23, T. Rowe Price Group, Inc. reported its first quarter 2010 results, including net revenues of $556.2 million, net income of $153.0 million, and diluted earnings per common share of $.57. On a comparable basis, net revenues were $384.5 million in the first quarter of 2009 when net income was $48.2 million and diluted earnings per common share was $.19.



T. Rowe Price Group Inc. is owned by eight Gurus: Tom Gayner, John Rogers, Ron Baron, Richard Aster Jr., Ruane Cunniff, Chris Davis, Chuck Akre, and Kenneth Fisher.



Last week, Buy:: Vice President Michael C. Gitlin bought 2,000 shares of TROW stock. Sell:: Director James T Brady and Sell:: Vice President Wayne D Omelia sold shares this month; Sell:: Director Donald B Jr Hebb and Sell:: Director James T Brady sold shares in March.



Consolidated Edison Inc. (ED): President (CECONY) Craig S Ivey Bought 6,200 Shares

President (CECONY) of Consolidated Edison Inc., Craig S Ivey, bought 6,200 shares on 5/19/10 at an average price of $43.29.

On May 6, Consolidated Edison, Inc. reported first quarter earnings of $226 million or $0.80 a share compared with $180 million or $0.66 a share in 2009. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $264 million or $0.93 a share compared with $214 million or $0.78 a share in 2009.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies. Consolidated Edison Inc. has a market cap of $12.18 billion; its shares were traded at around $43.29 with a P/E ratio of 13.2 and P/S ratio of 1. The dividend yield of Consolidated Edison Inc. stocks is 5.6%. Consolidated Edison Inc. had an annual average earning growth of 0.2% over the past 10 years.



Consolidated Edison Inc. is in the portfolio of John Hussman.

Last week, Buy:: President (CECONY) Craig S Ivey bought 6,200 shares of ED stock. Buy:: SVP, Business Shared Services Joann F Ryan, Buy:: General Counsel Elizabeth D Moore, Buy:: SVP Enterprise Shared Services Luther Tai, and Buy:: VP & Chief Accounting Officer Robert Muccilo bought shares in April.

Nordstrom Inc. (JWN): Director Philip G Satre Bought 2,500 Shares

Director of Nordstrom Inc., Philip G Satre, bought 2,500 shares on 5/20/10 at an average price of $38.12.

Nordstrom, Inc. is a fashion specialty retailers, with stores located in a number of states, including full-line stores, Nordstrom Racks, Faconnable boutiques, and free-standing shoe stores. Nordstrom Inc. has a market cap of $8.31 billion; its shares were traded at around $38.12 with a P/E ratio of 17.8 and P/S ratio of 1. The dividend yield of Nordstrom Inc. stocks is 1.8%. Nordstrom Inc. had an annual average earning growth of 30.5% over the past 10 years. GuruFocus rated Nordstrom Inc. the business predictability rank of 4-star.



On May 13, Nordstrom, Inc. reported net earnings of $116 million, or $0.52 per diluted share, for the first quarter ended May 1, 2010. This represented an increase of 43.8 percent compared with net earnings of $81 million, or $0.37 per diluted share, for the same quarter last year. First quarter same-store sales increased 12.0 percent compared with the same period in fiscal 2009. Net sales in the first quarter were $1.99 billion, an increase of 16.7 percent compared with net sales of $1.71 billion during the same period in fiscal 2009.



Nordstrom Inc. is owned by four Gurus: Ken heebner, PRIMECAP Management, Kenneth Fisher, and John Rogers.

Last week, Buy:: Director Philip G Satre bought 2,500 shares of JWN stock. Sell:: Executive Vice President Michael G Koppel, Sell:: Executive Vice President James F Jr Nordstrom, and Sell:: Executive Vice President Michael G Koppel sold shares in April;

Sell:: Executive Vice President Kevin T Knight sold 23,474 shares in March.

For the complete list of stocks that bought by their company executives, go to: Insider Buys.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.