Human Investing LLC lifted its position in Kimberly-Clark Co. (NYSE:KMB – Free Report) by 3.6% in the 3rd quarter, Holdings Channel reports. The fund owned 3,066 shares of the company’s stock after buying an additional 107 shares during the period. Human Investing LLC’s holdings in Kimberly-Clark were worth $436,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD boosted its position in Kimberly-Clark by 19.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,893,146 shares of the company’s stock worth $762,279,000 after acquiring an additional 944,920 shares during the period. Capital World Investors boosted its holdings in shares of Kimberly-Clark by 17.8% during the first quarter. Capital World Investors now owns 2,269,492 shares of the company’s stock worth $293,559,000 after purchasing an additional 342,790 shares during the period. Dimensional Fund Advisors LP grew its position in Kimberly-Clark by 22.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,934,655 shares of the company’s stock valued at $267,383,000 after purchasing an additional 354,501 shares in the last quarter. Nordea Investment Management AB increased its stake in Kimberly-Clark by 2.9% in the 1st quarter. Nordea Investment Management AB now owns 1,720,051 shares of the company’s stock valued at $222,093,000 after buying an additional 48,103 shares during the period. Finally, Marshall Wace LLP lifted its position in Kimberly-Clark by 48.4% in the 2nd quarter. Marshall Wace LLP now owns 1,545,147 shares of the company’s stock worth $213,539,000 after buying an additional 503,839 shares in the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the company. StockNews.com lowered Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. 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. Piper Sandler increased their price objective on Kimberly-Clark from $167.00 to $174.00 and gave the stock an “overweight” rating in a report on Thursday, July 11th. UBS Group reduced their target price on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Finally, Royal Bank of Canada restated an “outperform” rating and set a $165.00 price target on shares of Kimberly-Clark in a report on Wednesday, October 23rd. Two investment 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $149.93.
Kimberly-Clark Stock Performance
Shares of NYSE KMB traded up $0.47 during trading hours on Friday, reaching $134.65. The stock had a trading volume of 261,485 shares, compared to its average volume of 2,112,956. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. The business’s fifty day moving average is $142.18 and its two-hundred day moving average is $138.94. The company has a market cap of $44.90 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 2.82 and a beta of 0.39.
Kimberly-Clark (NYSE:KMB – Get Free Report) last released 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. The company had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period last year, the firm earned $1.74 EPS. As a group, research analysts expect that Kimberly-Clark Co. will post 7.26 EPS for the current 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.
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