Atwood & Palmer Inc. continued to hold its position in shares of Kimberly-Clark Corporation (NYSE:KMB) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,275 shares of the company’s stock at the end of the 2nd quarter. Atwood & Palmer Inc.’s holdings in Kimberly-Clark Corporation were worth $4,942,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in KMB. Haverford Trust Co. grew its stake in Kimberly-Clark Corporation by 3.8% in the first quarter. Haverford Trust Co. now owns 217,104 shares of the company’s stock valued at $28,577,000 after purchasing an additional 7,925 shares during the last quarter. Destination Wealth Management grew its stake in Kimberly-Clark Corporation by 14.7% in the first quarter. Destination Wealth Management now owns 33,661 shares of the company’s stock valued at $4,431,000 after purchasing an additional 4,302 shares during the last quarter. Allegis Investment Advisors LLC grew its stake in Kimberly-Clark Corporation by 10.8% in the first quarter. Allegis Investment Advisors LLC now owns 2,896 shares of the company’s stock valued at $381,000 after purchasing an additional 282 shares during the last quarter. Investment Partners Ltd. OH ADV grew its stake in Kimberly-Clark Corporation by 45.6% in the first quarter. Investment Partners Ltd. OH ADV now owns 2,844 shares of the company’s stock valued at $374,000 after purchasing an additional 891 shares during the last quarter. Finally, Karp Capital Management Corp purchased a new position in Kimberly-Clark Corporation in the first quarter valued at about $31,996,000. Hedge funds and other institutional investors own 70.49% of the company’s stock.

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

Several equities analysts have issued reports on the company. Jefferies Group LLC reiterated a “hold” rating and issued a $122.00 target price (down previously from $133.00) on shares of Kimberly-Clark Corporation in a research note on Thursday, July 6th. BidaskClub lowered Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Zacks Investment Research lowered Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 7th. Citigroup Inc. set a $134.00 target price on Kimberly-Clark Corporation and gave the company a “sell” rating in a research note on Friday, July 7th. Finally, UBS AG lowered Kimberly-Clark Corporation from a “buy” rating to a “neutral” rating and cut their target price for the company from $134.00 to $120.00 in a research note on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the stock. Kimberly-Clark Corporation currently has a consensus 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.

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

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