Alliancebernstein L.P. boosted its position in shares of Kimberly-Clark Corporation (NYSE:KMB) by 83.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,417,728 shares of the company’s stock after acquiring an additional 645,881 shares during the period. Alliancebernstein L.P. owned 0.40% of Kimberly-Clark Corporation worth $183,043,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the stock. State Street Corp lifted its position in Kimberly-Clark Corporation by 1.3% during the first quarter. State Street Corp now owns 17,653,917 shares of the company’s stock valued at $2,323,785,000 after acquiring an additional 225,993 shares during the last quarter. Wells Fargo & Company MN lifted its position in Kimberly-Clark Corporation by 3.3% during the second quarter. Wells Fargo & Company MN now owns 5,666,819 shares of the company’s stock valued at $731,643,000 after acquiring an additional 181,517 shares during the last quarter. Federated Investors Inc. PA lifted its position in Kimberly-Clark Corporation by 1.7% during the second quarter. Federated Investors Inc. PA now owns 3,266,146 shares of the company’s stock valued at $421,692,000 after acquiring an additional 55,108 shares during the last quarter. FMR LLC lifted its position in Kimberly-Clark Corporation by 23.4% during the first quarter. FMR LLC now owns 2,589,395 shares of the company’s stock valued at $340,841,000 after acquiring an additional 491,121 shares during the last quarter. Finally, APG Asset Management N.V. lifted its position in Kimberly-Clark Corporation by 85.3% during the second quarter. APG Asset Management N.V. now owns 2,018,144 shares of the company’s stock valued at $260,563,000 after acquiring an additional 929,300 shares during the last quarter. 70.38% of the stock is owned by institutional investors.

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A number of equities research analysts recently commented on KMB shares. Bank of America Corporation decreased their target price on shares of Kimberly-Clark Corporation from $123.00 to $120.00 and set a “neutral” rating for the company in a research report on Tuesday, October 24th. Royal Bank Of Canada reissued a “hold” rating and set a $121.00 target price on shares of Kimberly-Clark Corporation in a research report on Friday, October 13th. Zacks Investment Research raised shares of Kimberly-Clark Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. J P Morgan Chase & Co cut shares of Kimberly-Clark Corporation from a “neutral” rating to an “underweight” rating and decreased their price target for the stock from $115.55 to $100.00 in a report on Friday, October 20th. Finally, Citigroup Inc. decreased their price target on shares of Kimberly-Clark Corporation from $125.00 to $124.00 and set a “neutral” rating for the company in a report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $127.14.

Shares of Kimberly-Clark Corporation (NYSE KMB) opened at $114.14 on Friday. The firm has a market cap of $40,149.54, a price-to-earnings ratio of 18.68, a PEG ratio of 2.97 and a beta of 0.74. Kimberly-Clark Corporation has a 52 week low of $109.67 and a 52 week high of $136.21. The company has a quick ratio of 0.64, a current ratio of 0.97 and a debt-to-equity ratio of 14.17.

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

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.

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

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