Acrospire Investment Management LLC boosted its position in shares of Kimberly-Clark Corporation (NYSE:KMB) by 33.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,200 shares of the company’s stock after buying an additional 300 shares during the period. Acrospire Investment Management LLC’s holdings in Kimberly-Clark Corporation were worth $155,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Mosaic Family Wealth LLC boosted its holdings in shares of Kimberly-Clark Corporation by 0.5% during the 2nd quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock worth $144,000 after purchasing an additional 6 shares during the last quarter. Investment Partners Ltd. OH ADV boosted its holdings in shares of Kimberly-Clark Corporation by 0.3% during the 2nd quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock worth $368,000 after purchasing an additional 8 shares during the last quarter. Winch Advisory Services LLC boosted its holdings in shares of Kimberly-Clark Corporation by 0.6% during the 2nd quarter. Winch Advisory Services LLC now owns 1,404 shares of the company’s stock worth $181,000 after purchasing an additional 8 shares during the last quarter. Jackson Grant Investment Advisers Inc. boosted its holdings in shares of Kimberly-Clark Corporation by 0.6% during the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 2,480 shares of the company’s stock worth $320,000 after purchasing an additional 14 shares during the last quarter. Finally, Stratford Consulting LLC boosted its holdings in shares of Kimberly-Clark Corporation by 0.7% during the 2nd quarter. Stratford Consulting LLC now owns 2,034 shares of the company’s stock worth $263,000 after purchasing an additional 15 shares during the last quarter. Institutional investors own 70.60% of the company’s stock.

Kimberly-Clark Corporation (NYSE KMB) opened at $114.32 on Monday. The company has a debt-to-equity ratio of 14.17, a quick ratio of 0.64 and a current ratio of 0.97. Kimberly-Clark Corporation has a 52 week low of $109.67 and a 52 week high of $136.21. The company has a market capitalization of $40,212.90, a price-to-earnings ratio of 18.71, a price-to-earnings-growth ratio of 2.97 and a beta of 0.74.

Kimberly-Clark Corporation (NYSE:KMB) last released its quarterly earnings results on Monday, October 23rd. The company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.06. Kimberly-Clark Corporation had a return on equity of 666.97% and a net margin of 11.89%. The company had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.65 billion. During the same period in the prior year, the firm earned $1.52 earnings per share. The firm’s revenue was up 1.0% compared to the same quarter last year. sell-side analysts predict that Kimberly-Clark Corporation will post 6.2 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Friday, December 8th will be paid a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date is Thursday, December 7th. Kimberly-Clark Corporation’s dividend payout ratio (DPR) is 64.03%.

Several brokerages have recently weighed in on KMB. Zacks Investment Research cut Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Royal Bank Of Canada restated a “sector perform” rating and set a $121.00 target price on shares of Kimberly-Clark Corporation in a report on Wednesday, July 26th. UBS AG restated a “neutral” rating and set a $119.00 target price (down from $120.00) on shares of Kimberly-Clark Corporation in a report on Wednesday, July 26th. Berenberg Bank restated a “hold” rating on shares of Kimberly-Clark Corporation in a report on Thursday, July 27th. Finally, BidaskClub cut Kimberly-Clark Corporation from a “sell” rating to a “strong sell” rating in a report on Monday, July 31st. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $127.14.

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Kimberly-Clark Corporation Company Profile

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

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

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