WealthTrust Axiom LLC boosted its position in shares of Kimberly-Clark Corporation (NYSE:KMB) by 0.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,107 shares of the company’s stock after buying an additional 1 shares during the quarter. WealthTrust Axiom LLC’s holdings in Kimberly-Clark Corporation were worth $659,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legal & General Group Plc boosted its stake in Kimberly-Clark Corporation by 3.7% during the first quarter. Legal & General Group Plc now owns 1,918,510 shares of the company’s stock worth $252,551,000 after buying an additional 68,776 shares during the period. Royce & Associates LP lifted its position in shares of Kimberly-Clark Corporation by 55.7% during the first quarter. Royce & Associates LP now owns 31,300 shares of the company’s stock worth $4,120,000 after purchasing an additional 11,200 shares during the last quarter. Oarsman Capital Inc. lifted its position in shares of Kimberly-Clark Corporation by 3.0% during the first quarter. Oarsman Capital Inc. now owns 12,219 shares of the company’s stock worth $1,608,000 after purchasing an additional 361 shares during the last quarter. Investment Centers of America Inc. lifted its position in shares of Kimberly-Clark Corporation by 5.1% during the first quarter. Investment Centers of America Inc. now owns 55,053 shares of the company’s stock worth $7,244,000 after purchasing an additional 2,671 shares during the last quarter. Finally, First Financial Equity Corporation bought a new stake in shares of Kimberly-Clark Corporation during the first quarter worth $681,000. 70.10% of the stock is owned by institutional investors.

In related news, Director Robert W. Decherd purchased 1,500 shares of Kimberly-Clark Corporation stock in a transaction on Thursday, August 3rd. The shares were bought at an average price of $122.21 per share, with a total value of $183,315.00. Following the transaction, the director now directly owns 43,444 shares of the company’s stock, valued at $5,309,291.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.56% of the company’s stock.

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Shares of Kimberly-Clark Corporation (NYSE:KMB) opened at 115.39 on Friday. Kimberly-Clark Corporation has a 12-month low of $111.30 and a 12-month high of $136.21. The company has a market capitalization of $40.77 billion, a P/E ratio of 19.27 and a beta of 0.76. The company has a 50 day moving average price of $119.89 and a 200 day moving average price of $126.19.

Kimberly-Clark Corporation (NYSE:KMB) last announced its earnings results on Tuesday, July 25th. The company reported $1.49 EPS for the quarter, meeting analysts’ consensus estimates of $1.49. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. The company had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $4.56 billion. During the same period last year, the business posted $1.53 EPS. Kimberly-Clark Corporation’s revenue for the quarter was down .7% on a year-over-year basis. Equities analysts anticipate that Kimberly-Clark Corporation will post $6.21 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 3rd. Investors of record on Friday, September 8th were issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend was Thursday, September 7th. Kimberly-Clark Corporation’s dividend payout ratio (DPR) is 64.88%.

KMB has been the subject of several research analyst reports. Goldman Sachs Group, Inc. (The) set a $157.00 target price on Kimberly-Clark Corporation and gave the stock a “buy” rating in a research report on Monday, June 19th. Macquarie initiated coverage on Kimberly-Clark Corporation in a research report on Friday, September 15th. They set a “neutral” rating and a $121.00 target price for the company. BidaskClub downgraded Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Royal Bank Of Canada reiterated a “hold” rating and set a $121.00 target price on shares of Kimberly-Clark Corporation in a research report on Friday, September 8th. Finally, UBS AG reiterated a “neutral” rating and set a $119.00 target price (down from $120.00) on shares of Kimberly-Clark Corporation in a research report on Wednesday, July 26th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $130.93.

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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