Coastline Trust Co lowered its holdings in Kimberly-Clark Corporation (NYSE:KMB) by 0.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,895 shares of the company’s stock after selling 265 shares during the period. Kimberly-Clark Corporation comprises about 1.0% of Coastline Trust Co’s investment portfolio, making the stock its 17th biggest holding. Coastline Trust Co’s holdings in Kimberly-Clark Corporation were worth $5,409,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tortoise Investment Management LLC lifted its holdings in Kimberly-Clark Corporation by 4.7% in the first quarter. Tortoise Investment Management LLC now owns 758 shares of the company’s stock worth $100,000 after acquiring an additional 34 shares during the last quarter. Heritage Trust Co bought a new position in Kimberly-Clark Corporation in the first quarter worth about $118,000. V Wealth Management LLC bought a new position in Kimberly-Clark Corporation in the second quarter worth about $123,000. Sterling Investment Advisors Ltd. lifted its holdings in Kimberly-Clark Corporation by 63.8% in the first quarter. Sterling Investment Advisors Ltd. now owns 1,027 shares of the company’s stock worth $135,000 after acquiring an additional 400 shares during the last quarter. Finally, Armbruster Capital Management Inc. lifted its holdings in Kimberly-Clark Corporation by 15.9% in the second quarter. Armbruster Capital Management Inc. now owns 1,043 shares of the company’s stock worth $135,000 after acquiring an additional 143 shares during the last quarter. 70.40% of the stock is currently owned by hedge funds and other institutional investors.

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KMB has been the topic of several analyst reports. Societe Generale upgraded shares of Kimberly-Clark Corporation from a “hold” rating to a “buy” rating and raised their price target for the company from $112.05 to $144.00 in a research note on Thursday, November 2nd. Berenberg Bank restated a “hold” rating on shares of Kimberly-Clark Corporation in a research note on Thursday, July 27th. Citigroup Inc. set a $132.00 price target on shares of Kimberly-Clark Corporation and gave the company a “hold” rating in a research note on Wednesday, July 26th. Royal Bank Of Canada restated a “hold” rating and issued a $121.00 price target on shares of Kimberly-Clark Corporation in a research note on Friday, September 8th. Finally, Jefferies Group LLC restated a “hold” rating and issued a $119.00 price target on shares of Kimberly-Clark Corporation in a research note on Thursday, September 7th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. Kimberly-Clark Corporation presently has an average rating of “Hold” and a consensus price target of $127.14.

Kimberly-Clark Corporation (NYSE:KMB) opened at $115.41 on Tuesday. Kimberly-Clark Corporation has a 12 month low of $109.67 and a 12 month high of $136.21. The company has a current ratio of 0.97, a quick ratio of 0.64 and a debt-to-equity ratio of 14.17. The company has a market cap of $40,149.58, a P/E ratio of 18.68, a P/E/G ratio of 2.97 and a beta of 0.74.

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